$Alphabet(GOOG)$ has been overall bullish, trading within the rising rainbow wedge pattern.[Duh][Sly][Grin][Grin][Grin][Grin]
Currently, GOOGL is in a storm πͺ/ correction phase and it is approaching the lower bound of the wedge acting as a non-horizontal support.
Moreover, it is retesting a strong support zone at $128 marked in blue.
πΉ Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the blue support and lower rainbow trendline.
π As per my trading style:
As #GOOGL is around the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
GOOGL: GOOGL - After every Storm, there is a Rainbow π
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