Welcome to our Weekly V2-Trade Setup ( GOOG ) !
Great technical structure..
Expecting more bullish price action.
Market still underpriced!
ENTRY LEVEL @ 2840.56
SL @ 2724.25
TP @ Open
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
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Hello everyone , as we all know the market action discounts everything :)
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3 weeks ago on july 6 i posted an idea about the Google stock and how its seems to be in a strong bullish movement and today we see that come to life , the price has risen...
All time highs today after that morning shake-out. Looked a little bit weak at first but came back strong and held the EMAs. A close above 2430 was the queue for a larger move towards 2450 as it cleared the 1.618 Fib level and confirms the continuation of the impulsive move upwards. The open tomorrow should tell us if this was just a test of the highs or if it...
$GOOGL broke out of its trendline resistance this week, with an accumulated gain of +8.03% in 3 days. The breakout of $GOOGL comes after a full month of whipsaw that is witnessed on its 20DMA, along with a congested price action that is displayed within a Symmetrical Triangle chart pattern.
$GOOGL currently closed at $2239.03, with a display of a bullish flag...
As can be seen in the chart, there is a great squeeze in both prices and RSI. This is a bit scary of course ...
This tightness can continue up to the level of 2200$ or even 2400 $, but then we think it is very likely that we will see a big selling pressure for both the relaxation of the indicators and the completion of the technical formation formed by the...
Good morning ladies and gentlemen, here is my trade plan for Google.
If current projection holds, Google could see min. $2296.
If we break below $1995.49, the projection will be invalidated.
Give me a follow and I will post more charts.
Good luck and trade safe.
GOOGLE is going to be a major influencer in the next generation of computing and people, as it is today
Hence the large breakout from the upward channel, and seemingly symmetry with the earlier days of google