GOOGL: Bullish Momentum with Caution🔥 Potential Price Targets:
🩸 Near-term Goal: $194.72 (1-2 months)
🩸 Long-term Goal: $200.00 (3-4 months)
🔥 LucanInvstor's Strategy:
🩸 Short: Below $193.17, targeting $188 and $180. The MACD remains positive, but shrinking histogram bars suggest weakening momentum. A breakdown below support could trigger further declines.
🩸 Long: Above $194.72, targeting $200 and $210. The price is above both the 9-day and 200-day EMAs, suggesting a continuation of the bullish trend, but caution is needed due to potential weakening momentum.
🔥 LucanInvstor's Commands:
🩸 Resistance: $194.72 — A key resistance level; a break above this could lead to further upside.
🩸 Support: $193.17 — A critical support level; a breakdown below this could trigger a pullback.
Alphabet remains in a bullish trend, with the MACD confirming positive momentum. A breakout above resistance could lead to further gains, while a breakdown below support may lead to a pullback.
👑 "Precision in strategy drives success."