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