Will GOOG continue to 163 or struggle below 155 down to 137?

Asphen
04-21


Price action (20 Apr 2024)

- Price action at key level 155 ==> Also where MA5 is touching MA20 now

- If MA5 cross below MA20, then is bearish

- A cross below MA20 would mean 163 no longer in play and a break below 155

- Look for a back test of 155 on the way up 

- Any failures will mean continued bearishness to 137

- Note the earnings on 25 Apr 2024 ==> a negative reaction will certainly mean 137 coming up!


My plays

- Been nibbling GOOG shares since months back

- Cost base 130

- Sold puts strike 143 and 135


Good luck, all!!

GOOG Daily - 20 Apr 2024

@melson  @TigerStars  @macroB  @CaptainTiger  @Deposit  

$Alphabet(GOOG)$  

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Comments

  • Kevinshn23
    04-21
    Kevinshn23
    My strike price is 147 for put option at side of sell !
  • koolgal
    04-22
    koolgal
    Thanks for sharing your Technical Analysis on Google.  It is a stock that I am currently invested.
    • koolgalReplyAsphen:Β 
      May you have a Winning week ahead πŸ€πŸ€πŸ€πŸŒˆπŸŒˆπŸŒˆπŸ’°πŸ’°πŸ’°
    • AsphenReplykoolgal:Β 
      yup. averaging. πŸ˜€
    • koolgalReplyAsphen:Β 
      Nibbling is good in volatile times like now. 😍😍😍
    • Asphen:Β 
      I'm invested too. and continually nibbling. πŸ˜€
  • Kelvink73
    04-22
    Kelvink73
    hard to predict, we can buy a bit of price is ok.
    • Asphen:Β 
      yup. not about predicting. I trade both ways. πŸ˜€
  • Aqa
    04-21
    Aqa
    Liked and shared.
  • SPOT_ON
    04-23
    SPOT_ON
    the next big thing !! STARHUB IS COMING !!! 

    $StarHub(CC3.SI)$

  • Irman m
    04-23
    Irman m

    Wow

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