Alphabet - The next textbook swingtrade!

1 424
👑Alphabet (GOOG) is preparing a major move:
snapshot

🔎Analysis summary:
Over the course of the past couple of days, Alphabet already corrected about -15%. And with this short term correction, Alphabet is also creating a decent break and retest. Either at this or the next support, Alphabet will create a reversal and then new all time highs.

📝Levels to watch:
$350 and $ 280

Keep your #LONGTERMVISION🙏
— Phil (TheTraderPhil)
Trade active
👑Alphabet (GOOG) is already playing out:
snapshot

🔎Analysis summary:
Just a couple of days ago, Alphabet retested the first major horizontal support area. And so far, Alphabet also already created a bullish rejection of about +5% towards the upside. Since there was no confirmation though, bulls still have to show more strength first.

📝Levels to watch:
$350 and $ 280

Keep your #LONGTERMVISION🙏
— Phil (TheTraderPhil)
Trade closed: target reached
👑Alphabet (GOOG) will still rally much higher:
snapshot

🔎Analysis summary:
After nicely retesting major support recently, Alphabet is now creating a bullish break and retest. And so far, Alphabet also already rejected the major horizontal support with a move of +10%. Looking at the higher timeframe, this is really just the beginning.

📝Levels to watch:
$350

Keep your #LONGTERMVISION🙏
— Phil (TheTraderPhil)

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