tradearcher

(D) Large trading range of 100 handles since mid October.

Short
NASDAQ:GOOGL   Alphabet Inc (Google) Class A
Recently the trading range has narrowed between (700,750) with some resistance from 750 (or P pivot). Since then EMA50 has been nearly flat slope; hence sideways. Also, the difference of EMA50 and EMA200 has been decreasing with EMA50's slope marginally bearish.

If bearish momentum continues, a support retest of 700 is in range. Should 700 fail and OBV fails to hold it's EMA50(OBV), then 680 and 650 are not far below. Obey your rules.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.