Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
Is GOOG ready for bullish continuation?
Alphabet Inc (Google) Class C
Long
Is GOOG ready for bullish continuation?
By AwesomeAvani
Follow
Follow
Updated
May 16, 2023
4
Cheer
Cheer
May 14, 2023
GOOG has had a good month thus far rising about 9% and relatively strong compared with
QQQ ( black line on chart) as shown on this one-hour chart. The past couple of days it has
rested in consolidation at the upper volume shelf on the profile. The stochastic RSI has the
lines low below the oversold /undervalued line of 25 and "curling up" suggesting they are about
to cross. The 24 hour running average volume indicator shows stable volume at a level higher
than April. No matter it may be overextended, GOOG has consolidated to base the next leg
up. Its high liquidity and low spreads make for a long entry of stock or call options.
May 16, 2023
Trade active
GOOG is pushing higher today. It was good to get in during consolidation.
GGLL
Google (Alphabet)
googlongsetup
Oscillators
QQQ
relativestrength
Relative Strength Index (RSI)
Volume
AwesomeAvani
Follow
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the
Terms of Use
.