EvanMedeiros

$GOOGL weekly chart cleanly shows the importance of this range

NASDAQ:GOOGL   Alphabet Inc (Google) Class A
1
we're at an interesting inflection point in Google right here. We've been chopping around a relatively tight range for 10 weeks now and there's two scenarios that could play out depending on which way we break. The bulls see this as a continuation pattern that we're soon to break to new all time highs. The bears are hoping for a breakdown which could imply a double top and lower over all high. Time will tell, keep this range on watch.

Evan Medeiros
Founder, Trade Risk
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