Well, the title pretty much tells everything I want to say.
I enter a position here at the new high!
NASDAQ:GOOGL
A stock breaking into a new high might go up a lot further.
I have no idea this breaking out will fail or not. Just try to follow the trend.
Yesterday I hoped on my PC,
to find a stock to trade,
plug in the requirements on the scanner
paused and waited and then viola
I saw Google appear
so what happened?
Google NASDAQ:GOOG is in a momentum trade meaning it is trending upward,
The Momentum is the leading tool I used to find this stock
if you want to learn more about momentum trades then
you need...
It has doubled since the peak Recession fears of 2021
#BTC has also more than doubled
#SOL has 4 or 5 X'd
This chart is combined price chart of
#Googl
#Appl
#MSFT
#Amzn
#NVDA
#NFLX
#META
U can see the two head and shoulder tops in 2021
and also the inverse head and shoulders in 2022
The clean break and run.
And also the Bull Pennant which has already...
This video breaks down the gap fill strategy that i like to use and shows the example of how NASDAQ:GOOGL reacted to the price and where we can look to take advantage of these price moves. Remember that nothing is for certain! Trade Safe!
We may be transferring control from our strong buying magenta to our tapered green continuation - and that means one thing - More liquidity needs to be built.
If we do see this rejection off green (proving it's in control) we will look for a controlled selling back to try and get picked up by our magenta stronger buying.
See you all live at 9:30 AM!
Happy Trading :)
It's clear to me we have completed 5 waves up - what comes next will be dependent on time - as it says if we can't make a new high before the 10th of April expect this to fall a lot - ( I have this date marked with a vertical line on chart).
#Google @sundarPichai #mustbuy
Google looks great on chart. This can be long at current market price (CMP), with a SL below 135 with an initial target of 215 and more!
#mustbuy
🔉Sound on!🔉
Thank you as always for watching my videos. I hope that you learned something very educational! Please feel free to like, share, and comment on this post. Remember only risk what you are willing to lose. Trading is very risky but it can change your life!
On March 24, 24, NASDAQ:GOOGL is moving in a weekly cup & handle pattern.
Can it break out or not?
It is interesting for me to watch this stock moving out or coming back down. I am not so confident trading this stock, however.
In a significant move that underscores its growing interest in the cryptocurrency domain, Google ( NASDAQ:GOOG ) has announced its integration with Etherscan for Ethereum Name Service ( NYSE:ENS ). This collaboration is poised to revolutionize the crypto landscape, offering enhanced visibility and accessibility for Ethereum users worldwide.
The integration,...
Google is currently forming a “Cup and Handle” pattern on the weekly chart and a “Bull Pennant” pattern on the daily chart. I think it’s safe to say Google maybe be picking up some bullish momentum soon…..let’s see how this one plays out!
If the stock fails to make a higher high, the stock could start to see lower levels. Bearish divergence was also spotted on the RSI; not shown on the chart but MACD as well.
Recently we played NASDAQ:GOOGL short but it seems that has run its course and we can now look to take it long. It has broken the recent downtrend and RSI seems to have bottomed. Looking for continued strength over $140
Chart idea/Trading plan Summary:
Uptrend
Bull flag
Consilidation
Squeeze on 78min
150 psych close
Targets:
150 Psych
151.70 High of move
153.68 ATH
155.09 Trend based Fib extension
Resistance/Stop:
146.11 Stop on close below 78min
143.68 next resistance
