$Alphabet(GOOGL)$ $Alphabet(GOOG)$ Volume right now is running noticeably above the average from last week, even though we're only partway through the session.

Still very early, but it's giving off the impression that institutional selling is underway. If that continues, the rest of the week could just chop sideways in a tight range while edging 5-10 points lower, similar to what happened around the February earnings report.

Feels like there's a decent chance of seeing somewhat lower prices over the next couple of weeks.

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.

Report

Comment

  • Top
  • Latest
empty
No comments yet