Google - Fantastic Bullish Break And Retest!

Mar 31

Google (GOOGL) just looks amazing:



Click chart above to see the detailed analysis👆🏻

For more than a decade, Google has been trading in a rising channel formation, perfectly respecting all market structure. Now, Google is about to retest the previous all time high once again and with a sharp correction of about -25%, this offers a significant bullish reversal setup.

Levels to watch: $150

Keep your long term vision,
Philip (BasicTrading)

Apr 8

Trade active

Trading update on Google (GOOGL):



Click chart above to see the detailed analysis👆🏻

And voila, after waiting patiently for a couple of weeks, Google is now perfectly retesting the previous all time high resistance, which is turned support after the bullish break and retest. Since I think that the stock market bottom is in, Google might just reverse right here.

Levels to watch: $150

Keep your long term vision,
Philip (BasicTrading)

5 days ago

Trade closed: target reached

Trading update on Google (GOOGL):



Click chart above to see the detailed analysis👆🏻

I hope you guys managed to take advantage of the very quick stock market correction as well and as it seems, the bottom is now in on Google. Quite likely that if Google closes the monthly candle like this, we will see a rally back to the previous highs.

Levels to watch: $150, $250

Keep your long term vision,
Philip (BasicTrading)