GOOGL Weekly OTM play: 25 pts with 3 days to go?
Updated
Today NASDAQ:GOOGL —
-fights off pop and fade
-breaks out of 2-day wedge
-climbs channel, topside.
Still work to do, but holding Jan. 11 expiry 1110c @2.50 because:
-today's performance
-moving averages momentum
-QQQ outlook.
If Trump evening speech has any effect, it will be upside, because:
-manipulator-in-chief.
-fights off pop and fade
-breaks out of 2-day wedge
-climbs channel, topside.
Still work to do, but holding Jan. 11 expiry 1110c @2.50 because:
-today's performance
-moving averages momentum
-QQQ outlook.
If Trump evening speech has any effect, it will be upside, because:
-manipulator-in-chief.
Trade closed: stop reached
Trend line broken on gap down.
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