gusanito

GOOGLE $GOOG Cup and Handle Formation

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gusanito 已更新   
BATS:GOOG   #NASDAQ:GOOG-商品-描述
Keep and eye on this one, specially in the AI play, they do have one if not the biggest data of all time, a Cup and handle formation is forming here.

As a stock forming this pattern tests old highs, then some price consolidation before advancing higher ( check MSFT on the weekly time frame very very similar)

GOOG this week found support at the 200 SMA ( or 40W MA )

**This is not a financial advice, it's intent for information purposes only. Do you own search.





交易开始:
GOOG started moving really nice this morning, I'll be watching the 21EMA ($139.70) a key level this week, also all monthly option contracts expiring Friday can add some pressure.
交易开始:
Still moving as expected, now the big resistance at $150 is going to be the challenge.
Here I would expect GOOG to have a couple of fake break outs and hold support at the 50SMA ($143-$145).
交易开始:
Lets see if the break out can hold!

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