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TradingShot
Jun 8, 2021 6:35 PM

GOOGLE Signals showing further growth. Long

Alphabet Inc.NASDAQ

Description

Pattern: Channel Up on 1D.

Signal: Buy as the price is: 1) Still on the middle of the Channel, 2) The RSI not yet on its 10 month Resistance Zone, 3) The MACD is on a Bullish Cross.

Target: 2670 medium-term (the 2.0 Fibonacci extension, which has been met on all three previous Higher High waves of the Channel Up).

Useful facts: The 1D MA50 (blue trend-line) has been supporting since January 19, 2021. The last time none of the 1D MA50/ MA100 or MA200 were above the price was in April 21, 2020!


Most recent GOOGLE signal:




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Comments
mused_Aurorah
👍🙏
zAngus
I had a close look at your charts and you do really nice analysis. Google has been having a great run so far. Thank you for sharing and contributing to the community as always.
Nimasang-Pun
Easy to understand ✌🏼 thank you
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