NASDAQ:GOOGL   Alphabet Inc (Google) Class A
81 2 2
Here's an interesting intra-day move for those looking for possible day trading opportunities.

NASDAQ:GOOGL             broke above 701.31 resistance and filled the previous gap lower. Move is supported by decent volume accumulating on the buy side during the accumulation area between 684.40-700.00.

Look for a continuation higher keeping your eyes on order flow during the breakout. Preferably I would like to see a gap higher at the open tomorrow around 710.00-715.00 and a retracement to 701.31. Followed by consolidation at support in order to initiate a long position and possible swing trade up the next resistance at 726.46.

Long targets would be 715.00 & 720.00

If support does not hold tomorrow there is no trade for me to take. Happy trading folks.

Daily Chart:
snapshot
Very nice mate, first I look at 15 minute setup and I was like noo, that's too risky but then looked at the 200 MA support on daily chart, I think it is a reasonable setup. Thank you for sharing and all the BEST :)
Reply
Daniel.B moneymaking
Hehe thanks man, yea the daily 200 MA support makes it a decent setup! =)
Reply
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