octradr
Short

TIME FOR A CORRECTION GOOGLE!

BATS:GOOG   Alphabet Inc (Google) Class C
683 7 1
A nice rounded top at the resistance line has formed and the EMA's are getting ready to cross.

Looking to get between 4-6% within a month. It probably will go lower but in the past it has taken up to 6 months to get down to the support line.

Place stop around 1045 just in case it decides to double tap.

The RSI has done a great job of calling bottoms. Anything under 35 is beginning to get oversold. Wait for confirmation to go long again.

HAPPY TRADING!
It looks like it is gonna make a new high today so I am closing out my short position. 11/25
Reply
Breakout attempt today is beginning to fail. Add to short. 11/18 b4 close
Reply
Re-testing the resistance line, going in for the double tap. Relative strength is weakening. 11/14
Reply
Like the idea but don't think major pullback happens for 4 months(around March)........could have a small 1 mo. pullback in late Nov. to Dec. w/ the rest of the mkt. but think it goes higher until then & then breaks out to new highs after the 1 mo. pullback
Reply
Pullback is too deep in my opinion.
Reply
I wouldnt bet on it, the new support higher shows greater strength which means more up and less down moves. Then you have this rounding top which is different from all other peaky sharper tops which means, I think it will be used to shoot through 1100$ and break resistance.
Reply
octradr Leclaireur
Time will tell.
Reply
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
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