GOOGL seems to be respecting the channel it's formed over the last few months. I'm looking for a long entry over the 50 day somewhere around $1544. My trigger will be; first a good market, second a close over the 50 day and a push in buying volume. All TBD... Ideas, not investing / trading advice.Note
9/17 - what a difference a day makes. GOOGL has some repair work to do here as it clearly has gaped below the 3 month trend line... My idea above is still valid but, it's going to take some time IMO to get over that 50 day line.Note
9/22 - opened a small position in GOOGL as it crossed back above the morning high @ $1451.00. GOOGL bounced off the 200 SMA yesterday too. This is not a proper entry and my stop will be very tight since I know there is a high risk of failure here.Trade fermée manuellement
weak market closed position with a small loss @ $1435
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Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.
I am under no obligation to post any action or update to any idea.
Follow me on "X" where I post more content.
I am under no obligation to post any action or update to any idea.
Follow me on "X" where I post more content.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.