Trade Idea GOOG

$Alphabet(GOOG)$  is consolidating in an ascending triangle pattern. This is a bullish signal in textbook. I am looking for the price to hold or bounce strongly when retesting the bottom of the pattern. Currently looking to be long while anticipating a breakout to the upside.

GOOG Daily Chart

With a stop-loss at around 175, the current price is a good entry price for a good risk-reward ratio. TP will be around 182-183.

While being short-term bullish, I also believe in google long term. Still holding on to my shares and looking to add more when opportunity comes.

Disclaimer: This is not financial advice.


# 💰 Stocks to watch today?(31 Oct)

Modify on 2024-06-21 08:41

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  • glimmero
    ·06-21
    Bullish pattern! [Great] [Like] Keep holding on for the long term! [Love]
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