$GOOGL still one leg higher? $200+?
Updated
Judging off of sentiment, I think most people believe that Google will miss earnings.
Based off the chart, I think there's still one leg higher that likely starts on a reaction to earnings.
I think what's likely is we get a retest of support tomorrow and a low into earnings, and then we see a positive reaction after earnings that starts the next leg higher up to $200+.
Top targets are $214-234.
Let's see what happens.
Based off the chart, I think there's still one leg higher that likely starts on a reaction to earnings.
I think what's likely is we get a retest of support tomorrow and a low into earnings, and then we see a positive reaction after earnings that starts the next leg higher up to $200+.
Top targets are $214-234.
Let's see what happens.
Note
Moment of truth. Let's see what direction we head during earnings.I bought some 5/24 calls for $200 strike.
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These should do very well tomorrow.Note
Took profits on this today. Price way outside of bollinger bands, I'd expect a snap back before a sustained trend higher.Note
Bought some 5/10 150P in anticipation of hitting that lower supportNote
Rolled options for next week instead 5/17 and added some 160PNote
Likely we see lower support before higher (if we can get up there)
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