Scalping Analysis for GOOGL:
1. Support and Resistance Levels:
* Key support near $190 (GEX support and horizontal price level).
* Resistance at $195-$197 (Gamma resistance and call wall).
2. Key Indicators:
* 9 EMA & 21 EMA: Price is testing these EMAs, signaling potential for either a pullback or breakout.
* MACD: Neutral but showing signs of potential bullish momentum. Await confirmation.
3. Scalping Plan:
* Bullish Scenario:
* Entry: Breakout above $195 with volume.
* Target: $197, $200.
* Stop Loss: Below $194.
* Bearish Scenario:
* Entry: Breakdown below $190 or rejection at $195.
* Target: $187, $185.
* Stop Loss: Above $192 (breakdown) or $197 (rejection).
Swing/Day Trading Analysis for GOOGL:
1. Trendlines:
* GOOGL broke below its upward channel but may retest $195. Watch for a rejection or reclaim of this level.
2. GEX Analysis:
* Resistance: Strong gamma resistance at $195-$197.
* Support: Major support at $190, $187.
3. Trade Scenarios:
* Bullish Swing:
* Entry: Above $195 with strong volume or bounce from $190.
* Target: $200, $205.
* Stop Loss: Below $193.
* Bearish Swing:
* Entry: Below $190 with retest confirmation or rejection at $195.
* Target: $185, $182.
* Stop Loss: Above $192.
Options Play with GEX Insights:
1. High GEX Areas:
* Call Wall: $195, $200.
* Put Wall: $190, $185.
2. Suggested Options Strategy:
* Bullish Play:
* Buy: Jan 5th $195 Call.
* Entry: Above $195.
* Target: $197-$200.
* Stop Loss: Below $193.
* Bearish Play:
* Buy: Jan 5th $185 Put.
* Entry: Below $190.
* Target: $185-$182.
* Stop Loss: Above $192.
3. Options Oscillator Metrics:
* IVR (42.6%) suggests moderately priced premiums.
* Call bias (16.4%) indicates mild bullish sentiment but limited upside past $200.
Insights:
* GOOGL is testing critical support and resistance zones. A breakout above $195 or a breakdown below $190 will likely define the next trend.
* Volume Watch: Confirmation of volume spikes at these levels is key to validating the directional bias.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always trade responsibly and manage risk.
1. Support and Resistance Levels:
* Key support near $190 (GEX support and horizontal price level).
* Resistance at $195-$197 (Gamma resistance and call wall).
2. Key Indicators:
* 9 EMA & 21 EMA: Price is testing these EMAs, signaling potential for either a pullback or breakout.
* MACD: Neutral but showing signs of potential bullish momentum. Await confirmation.
3. Scalping Plan:
* Bullish Scenario:
* Entry: Breakout above $195 with volume.
* Target: $197, $200.
* Stop Loss: Below $194.
* Bearish Scenario:
* Entry: Breakdown below $190 or rejection at $195.
* Target: $187, $185.
* Stop Loss: Above $192 (breakdown) or $197 (rejection).
Swing/Day Trading Analysis for GOOGL:
1. Trendlines:
* GOOGL broke below its upward channel but may retest $195. Watch for a rejection or reclaim of this level.
2. GEX Analysis:
* Resistance: Strong gamma resistance at $195-$197.
* Support: Major support at $190, $187.
3. Trade Scenarios:
* Bullish Swing:
* Entry: Above $195 with strong volume or bounce from $190.
* Target: $200, $205.
* Stop Loss: Below $193.
* Bearish Swing:
* Entry: Below $190 with retest confirmation or rejection at $195.
* Target: $185, $182.
* Stop Loss: Above $192.
Options Play with GEX Insights:
1. High GEX Areas:
* Call Wall: $195, $200.
* Put Wall: $190, $185.
2. Suggested Options Strategy:
* Bullish Play:
* Buy: Jan 5th $195 Call.
* Entry: Above $195.
* Target: $197-$200.
* Stop Loss: Below $193.
* Bearish Play:
* Buy: Jan 5th $185 Put.
* Entry: Below $190.
* Target: $185-$182.
* Stop Loss: Above $192.
3. Options Oscillator Metrics:
* IVR (42.6%) suggests moderately priced premiums.
* Call bias (16.4%) indicates mild bullish sentiment but limited upside past $200.
Insights:
* GOOGL is testing critical support and resistance zones. A breakout above $195 or a breakdown below $190 will likely define the next trend.
* Volume Watch: Confirmation of volume spikes at these levels is key to validating the directional bias.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always trade responsibly and manage risk.
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.
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.