GOOGL DAILY TECHNICAL ANALYSIS ๐
OVERALL TREND
๐ UPTREND โ Price has rebounded off the April low with increasing bullish pressure, now holding above key short-term moving averages. A potential trend reversal is underway if momentum sustains above 155.
๐RESISTANCE ZONE
๐ฏENTRIES & TARGETS
๐SUPPORT ZONES
๐MOVING AVERAGE SUMMARY
โ๏ธSTRUCTURAL NOTES
TRADE OUTLOOK ๐
๐งชSTRATEGY RECOMMENDATION
CONSERVATIVE (Trend-Following):
โ Buy Entry: 155.63
โ TP Levels: 162.48 / 173.79 / 181.64
โ SL: Below 150.92
HIGH-RISK SCALP (Momentum Pullback):
โ Buy Dip: 150.92 or 143.85
โ TP: 155.63 / 162.48
โ SL: Below 140.35
โDiscipline | Consistency | PAY-tienceโ
OVERALL TREND
๐ UPTREND โ Price has rebounded off the April low with increasing bullish pressure, now holding above key short-term moving averages. A potential trend reversal is underway if momentum sustains above 155.
๐RESISTANCE ZONE
- ๐ด 207.05 โ PIVOT HIGH | SELL STOPLOSS
- ๐ด 203.76 โ SELL ORDER II
- ๐ด 197.10 โ SELL ORDER I
๐ฏENTRIES & TARGETS
- ๐ข 193.74 โ EXIT BUY & TP 4
- ๐ข 181.64 โ BUY ORDER & TP 3
- ๐ข 173.79 โ BUY ORDER & TP 2
- ๐ข 140.53 โ BUY ORDER & TP 1
๐SUPPORT ZONES
- ๐ข 150.92 โ BUY ORDER 1
- ๐ข 143.85 โ BUY ORDER 2
- ๐ข 207.05 โ BUY STOPLOSS | PIVOT LOW
๐MOVING AVERAGE SUMMARY
- โ
Short-Term MAs (10โ50) โ Bullish crossover confirmed, supporting upside
- โ ๏ธ Mid-Term MAs (100) โ Still bearish, price must sustain above 156.70
- ๐ด Long-Term MAs (200) โ Bearish, still weighing on broader structure
โ๏ธSTRUCTURAL NOTES
- Price recently flipped bullish across 10โ50 SMA/EMA clusters
- Volume confirming strength, but needs follow-through above 162.48
- Stochastic RSI (95.93) is overheated โ expect short-term pullback or consolidation
- MACD, Momentum, and AO all signal increasing buy-side control
- Ichimoku Base Line (153.25) being tested โ reclaiming it is bullish confirmation
TRADE OUTLOOK ๐
- ๐ Bullish bias holds above 150.92 and especially above 155.63
- ๐ฏ Upside targets: 162.48 โ 173.79 โ 181.64
- ๐ Short-term rejection possible near TP1 โ RSI and StochRSI nearing exhaustion
- ๐ Watch for a decisive break above 162.48 with volume for continuation
๐งชSTRATEGY RECOMMENDATION
CONSERVATIVE (Trend-Following):
โ Buy Entry: 155.63
โ TP Levels: 162.48 / 173.79 / 181.64
โ SL: Below 150.92
HIGH-RISK SCALP (Momentum Pullback):
โ Buy Dip: 150.92 or 143.85
โ TP: 155.63 / 162.48
โ SL: Below 140.35
โDiscipline | Consistency | PAY-tienceโ
Professor C. E. Ward
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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.
Professor C. E. Ward
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.