Asphen
2023-02-26

Where will GOOG find good support?


- Notable range is from 86 to 101 

- Without a clear break of 101 and staying above, there is just no bullish bias; Note too that above 104 is quite an overhead supply resistance

- Bear flag extension playing out goes to 84 which is almost aligned with bottom of range

- 84 to 87 is a good support range


Personally, I like a support level coming up. 

- Range 75-77 is a confluence of volume profile node and also the longer term trend line

- 75 would be a good support level

@TigerStars  @CaptainTiger  @LMSunshine  @melson  @Deposit  

$Alphabet(GOOG)$ 

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Comments

  • LMSunshine
    2023-02-26
    LMSunshine
    This is from another website I use. This gives support and resistance levels. Can please help me to check if they’re accurate when you compare to your GOOG chart? I’m thinking of subscribing to this one too, but not sure if the numbers are accurate.
    • AsphenReplyLMSunshine
      I'm just a noob 😉
    • AsphenReplyLMSunshine
      we are all learning  😉
    • LMSunshineReplyAsphen
      Thanks for helping to check❣️ Ya I need to learn the approach bit😅
    • LMSunshine
      These are the turning points. Accurate?
    • Asphen
      there are all about there  @LMSunshine .... key is knowing how to approach it.
      levels is just one aspect. what matters is how you see the price action that moves the MAs etc.
  • LMSunshine
    2023-02-26
    LMSunshine
    Thanks buddy for the post❣️ Trading view alsos gives actual numbers like these. Are these numbers the same ones you read off your charts?
    • AsphenReplyLMSunshine
      yes. avoid using numbers as hard numbers. always look at range if possible. market likes to do stop hunts and they often push slightly beyond the levels to trigger stops.
    • LMSunshineReplyAsphen
      Sorry meaning, every trader will consider the chart differently hence arrive at different numbers from what is shown in the photo?
    • Asphen
      I use as reference
  • LMSunshine
    2023-02-26
    LMSunshine
    These are the pivots. Just wondering if the actual numbers given on the website are the same as you would read off the charts and whether I can rely on numbers without charting knowledge?
    • AsphenReplyLMSunshine
      Happy analysing!!
    • LMSunshineReplyAsphen
      Ok thanks loads for the tip❣️May consider subscribing TV then🤓
    • AsphenReplyLMSunshine
      of coz many trading platforms like TD has pretty good tools too but TV to me is just the best.
    • AsphenReplyLMSunshine
      I use the subscribed version of TV.  as I analyses 50 charts per day and I need to keep all my markings saved. and as TA is before price action happens, it is good to back check whether your TA was correct or not. and then learn from there.
    • LMSunshineReplyAsphen
      Are you using the paid or free version of Trading View(TV)? What other websites have you tried and felt there werent as good as TV?
  • LuckyPiggie
    2023-02-26
    LuckyPiggie
    i will watch at 83 [Grin]  . if go below that , then 79 or further 75. Many many holes under 90
    • AsphenReplyLuckyPiggie
      law of abundance. there is always another chance. 😉
    • LuckyPiggieReplyAsphen
      recently it dropped to 83+ but didnt close the gap . [What] i was waiting for it to close , end up missed the boat [LOL] ... i keep missing boat even for apple 120 , didnt reach [Facepalm]
    • Asphen
      Good watch!!!
  • HarryCox
    2023-02-26
    HarryCox
    Google under 90 will be a great price I think.
  • Juju30
    2023-02-26
    Juju30
    Thanks for s haring
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