GOOGL ~ Snapshot TA (Daily / Nov 2023)

GOOGL chart mapping/analysis.

Multi-year consolidation/pennant pattern formation.

Bull target(s)

• Overhead gap fill (~137.42)
  
• Descending trend-line resistance (white dotted) - plus breakout? TBC
  
• Previous ATH + upper range parallel channel (light blue) confluence resistance zone
  

Bear target(s)

• 23.6% Fib + gap fill (~126.49) confluence support zone
  
• Ascending trend-line support (green dotted)
  
• Underlying gap fill (~117.71)
  
• 38.2% Fib + gap fill (~112.94) confluence support zone
  
• Ascending trend-line support (white dotted)
  
• 50% Fib
  
• Golden Pocket Fib
  

Commentaire:

Note: TradingView chart was dividend adjusted (ADJ) when mapped.