Will GOOG hit a new ATH? Looks very possible!


Price Action (20 Jan 2024)

- Smooth chart with current ATH (148) about to be breached!

- Past volume profile support had supported GOOG well (86, 103, 116 and now a new one formed at 137)

- 137 will also be the support levels of the ongoing trend channel since Oct 2022 low


Bullish

- Bullish fib extension points to 163 and 185 (Can GOOG get there?)

- Trend channel and all MA lines are still up-sloping ==> Bullish

- Any pullbacks to 137 is still pretty good

- I only buy on pullbacks


Bearish

- Any long term bearish will need a big drop below 87 (far away so we will chart it when it gets there)

- Near Term bearish would mean a break below of 137 and 126 going back down to the previous strong hold of 116 and 103


Bullish and accumulating on this counter. 


Good luck, all!

GOOG - Daily 20 Jan 2024

@macroB  @Deposit  @melson  @CaptainTiger  @TigerStars  

$Alphabet(GOOG)$  

# 💰 Stocks to watch today?(21 May)

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Comment11

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  • mster
    ·01-21
    TOP
    Do you see a possible time frane for the 148 to be breached? 🙏🙏
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    • mster
      Damn sick of rolling up those Covered call options on my Googl shares..😅 Have a 148 expiring this coming friday. 😓. Thanks for your insights and sharing.
      01-21
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    • Asphen
      Should be within next days or weeks. mid term might pull back as S&P500 is due for that pullback after the new all time high.
      01-21
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  • Maria_yy
    ·01-25
    TOP
    Yes, GOOG has great potential for a new all-time high!
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    • Asphen
      it achieve that last night!
      01-26
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  • Deposit
    ·01-20
    TOP
    all time high will be breached!
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    • Asphen
      indeed!
      01-20
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  • melson
    ·01-20
    catching up
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    • AsphenReplying tomelson
      Nice!
      01-20
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    • melsonReplying toAsphen
      ath
      01-20
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    • Asphen
      catching up to? haha
      01-20
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