basictradingtv

Alphabet - Watch The All Time High

BATS:GOOGL   Alphabet Inc (Google)
Hello Traders, welcome to today's analysis of Alphabet.

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Explanation of my video analysis:

In 2011 Alphabet stock broke out of a beautiful triangle continuation pattern and created a rally of more than +800%. This pump was followed by a retracement all the way back to the support trendline of 2011. Alphabet is currently creating a triangle formation and if we see a pullback to the uptrendline which I mentioned in the video analysis, I am looking for potential long setups.

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I will only take a trade if all the rules of my strategy are satisfied.

Let me know in the comment section below if you have any questions.

Keep your long term vision.

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Keep your long term vision.
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