vlad.adrian

Google - Time to tighten stops and look for shorts

BATS:GOOG   Alphabet Inc (Google) Class C
175 0 2
After the earnings report, google             had a strong rally, the share price going over the 1000 psyhological level. The pair continued to go even further but 1040 held well 3 times.
Aroung this level, there are 4 bearish candles, including today, the first two candles being preceded by corrections.
On the weekly chart, those candles that penetrated the upper channel line and then turned back, are shooting stars as noted in the chart.
All the information points to a correction or a consolidation period. A close below the 1000 level would be a signal for a short.
Starting today i am no longer bullish on google             , and maybe i will look for a short.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out