GOOG Daily: Potential Reversal Signal Near Lower Bollinger Band
$Alphabet(GOOG)$ $Alphabet(GOOGL)$ - Daily:
From the Weekly Compass:
"It broke below $181.6, the annual S/R level I mentioned as a target for the Cup with Handle formation.
The daily chart is oversold... and the lower Bollinger Band is clashing with the downtrend. I’d expect $174..."
Today, the candle's shape and position can be in the reversal category; mostly because it is validated by volume and below the Bollinger Band.
If not a bottom, it could be nearby, remember how obedient is Google with the Bands.
Image
https://x.com/SmartReversals/status/1816206394355294530
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
- Taurus Pink·07-26[龇牙] [龇牙] [龇牙]LikeReport