GOOGL chart mapping/analysis.Multi-year consolidation/pennant pattern formation.
Bull target(s)
- Overhead gap fill (~137.42)
- Descending trend-line resistance (white dotted) - plus breakout? TBC
- Previous ATH + upper range parallel channel (light blue) confluence resistance zone
Bear target(s)
- 23.6% Fib + gap fill (~126.49) confluence support zone
- Ascending trend-line support (green dotted)
- Underlying gap fill (~117.71)
- 38.2% Fib + gap fill (~112.94) confluence support zone
- Ascending trend-line support (white dotted)
- 50% Fib
- Golden Pocket Fib
Note
Note: TradingView chart was dividend adjusted (ADJ) when mapped.
Related publications
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.
Related publications
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.