Price formation is starting to come together.
Ascending triangle forming which is bullish.
Google has basically consolidated the entire week while other tech names moved higher.
Long over 126.50
Stop loss 125.00
Target 1 -130
Target 2 - 133 gap close
Macd has turned bearish so I'd definitely wait for a leg above 126.50 before a long.
You see the 21ema on the 4hour chart? Only short below that, otherwise they will push this higher..
Possible breakout by Tuesday
Ascending triangle forming which is bullish.
Google has basically consolidated the entire week while other tech names moved higher.
Long over 126.50
Stop loss 125.00
Target 1 -130
Target 2 - 133 gap close
Macd has turned bearish so I'd definitely wait for a leg above 126.50 before a long.
You see the 21ema on the 4hour chart? Only short below that, otherwise they will push this higher..
Possible breakout by Tuesday