Alphabet - Just another textbook swingtrade!

Jul 27

🔮Alphabet (GOOG) is testing major support:

🔎Analysis summary:

Over the past two months alone, Alphabet has already been correcting about -25%. But looking at the higher timeframe, Alphabet is also now nicely testing a major support area. Either at this level or the next support level, Alphabet will simply create a bullish reversal.

📝Levels to watch:

$330 and $285

Keep your #LONGTERMVISION🙏
— Phil (TheTraderPhil)

Aug 3

Trade active

🔮Alphabet (GOOG) is starting another bullrun:

🔎Analysis summary:

With the recent quite expected correction on Alphabet, we just witnessed a major bullish break and retest. And after Alphabet created this bullish price action, it already rallied about +20% in just two weeks. The chart of Alphabet is clearly shifting very bullish again.

📝Levels to watch:

$330 and $285

Keep your #LONGTERMVISION🙏
— Phil (TheTraderPhil)

Aug 7

Trade closed: target reached

🔮Alphabet (GOOG) already rallied about +20%:

🔎Analysis summary:

After retesting quite decent support a couple of days ago, Alphabet already rallied about +20%. And together with the underlying major uptrend, Alphabet is clearly heading for new all time highs. However, we could still see some back and forth in the near future.

📝Levels to watch:

$330 and $285

Keep your #LONGTERMVISION🙏
— Phil (TheTraderPhil)