chinawildman

breakout to bearish butterfly watch

NASDAQ:GOOG   Alphabet Inc (Google) Class C
Like AMZN , GOOG looks poised to challenge its downward TL. Upon breakout it immediately faces support from pre-Oct levels as resistance which happens to correspond w/ a textbook bearish butterfly PRZ setup. Watching for a reversal here, no position.
Comment: Clipped the PRZ today and got spit out. Let's see what happens tomorrow. Almost all FANGs are in bearish bat/butterfly patterns with almost perfect fib ratios.

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