Google - This Can Be A Major Opportunity!

Feb 5

Google (GOOGL) is rejecting the resistance:



Click chart above to see the detailed analysis👆🏻

Over the past couple of years, Google has actually always been rejecting the upper channel resistance trendline with the only exception being the 2021 breakout. Following this previous behaviour, another bearish rejection is probable although bulls remain overall in control.

Levels to watch: $200, $150

Keep your long term vision,
Philip (BasicTrading)

Feb 13

Trade active

Trading update on Google (GOOGL):



Click chart above to see the detailed analysis👆🏻

Google is slowly but clearly starting to shift back to a bearish market and especially since indices are heading for new all time highs, Google is showing some real weakness. Waiting patiently for another -20% here is key and until then all we can do is sit on the sidelines.

Levels to watch: $200, $150

Keep your long term vision,
Philip (BasicTrading)

Feb 20

Trade closed: target reached

Trading update on Google (GOOGL):



Click chart above to see the detailed analysis👆🏻

Especially U.S. stocks have been pretty weak lately with all major stocks dropping quite significantly over the past couple of weeks. Google is no exception here and although I am bullish for stocks going into 2025, we might see a deeper push first.

Levels to watch: $200, $150

Keep your long term vision,
Philip (BasicTrading)