Day$Alphabet(GOOGL)$  Trading Google (GOOGL): A Quick 2% Play

Today, I spotted a trading opportunity in Alphabet (GOOGL) after noticing a doji candlestick on the 5-minute chart. This pattern often signals indecision in the market, and given the previous downward momentum, I saw a potential reversal or at least a temporary bounce. The Bollinger Bands showed the price nearing the lower boundary, indicating a possible support level around $167.37.

Seeing this setup, I entered a long position at $167.48, anticipating a short-term upward move. My target is set at $170, aiming for a 2% gain. Given the volatility and intraday movement, this trade relies on momentum pushing the price back toward the midline of the Bollinger Bands or even testing the previous resistance near $170.

The MACD histogram was starting to show reduced bearish momentum, which supported my entry. However, I remain cautious, as overall market sentiment can shift quickly. If the trade moves against me, I’ll reassess around the $166.90 support area and consider a quick exit to minimize losses.

This kind of day trade is all about timing and execution. If GOOGL hits $170, I’ll secure my profit and move on to the next opportunity. If resistance proves too strong, I may decide to close earlier and lock in smaller gains. Either way, it’s a calculated risk based on technical signals and price action.