GOOG at support at long term trendline; Go long if it holds.
Alphabet has come back to retest a long term all-time trendline since its IPO. If it holds, look for resumption off to go long. We may already be at the retest, resumption right now.
Profit target is at heavy resistance at 2050, which is the convergence of multiple Fibonnaci extensions.
Stop loss is 1650 which is 5% from here. If it loses trendline support there, the trade is wrong.
Profit target is at heavy resistance at 2050, which is the convergence of multiple Fibonnaci extensions.
Stop loss is 1650 which is 5% from here. If it loses trendline support there, the trade is wrong.
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.