IvanLabrie
Long

Tech portfolio: GOOGL: It's a buy

NASDAQ:GOOGL   GOOGLE INC
We have a few names that I think are a good buy. I'm long for a couple days in some, but now seems even safer.

A 2% position on each is a good idea.

Good luck,

Ivan Labrie.
Comment: Acting well, you can book profits and reenter on dips if you want to allocate cash elsewhere. Or, you can trail stops up gradually each week.
Comment: We bought back in a two days ago.
Comment: Acting great.
Trade closed manually:
snapshot


I'm taking profits here for now.
Comment: Looks like we can get a reentry opportunity soon, watch for a nice pullback to support.
Comment: Good spot to reenter today, you can get back in, or wait to break the resistance above, up to you. My reccomendation: buy 2% each day for a week.
Comment: Acting pretty well here!
Trade closed manually: I'm banking my tech portfolio longs.
Well done! Good entry & great job!
I would entry after w-wave confirmation above 816 - into new all time highs :)

GOOGL @ Daily @ will trend reversal w-wave complete this week ?
Reply
@4XSetUps, thanks. The entry is earlier than the technical patterns, also, we had a better valuation with lower prices so it was worth a shot.
Cheers,
+1 Reply
4XSetUps IvanLabrie
@IvanLabrie, cheers back! i`ve got GOOGL since trump election on my watchlist, but couldn`t overcome to find an entry. Even want to see prices around 816 to buy a further outbreak (after confirmed trend reversal).
let us wait and see ...
+1 Reply
@4XSetUps, one thing that can help put things in perspective is top down analysis. I use a proprietary method, developed by Tim West, who's a well known poster here and my mentor. What we do often is, if the larger timeframe trend is up, we get a very early entry to go long near the bottom once the lower timeframe confirms a downtrend. Give it a try, you'll see how it works. You also need some more points of reference and techniques, but generally speaking, this concept will get you places.
Cheers.
+1 Reply
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