Bull run for GOOGL incoming?

10月19日

Google just pushed out of it's bearish flag channel. Then, on Friday it successfully retested it.
Trading at a forward of P/E of 19.6x which is the lowest of all the Mag7.
Ideally I'd like to see GOOGL break the ATH support and trade the breakout.
But that this point already, I will likely begin to open a long position.
Ideally this doesn't happen so close to earnings (As it can blow up the entire pattern), but I think it's still worth a shot.

10月20日

交易开始

Starting with a small order pre-market. With earnings incoming, I don't need a big position for a potentially big reward.
Target 1 = 270
Target 2 = 290

10月20日

注释

Entry = 254

10月20日

注释

ATH reached. I'd like to see us close at an AT close. Would be a strong indicator of a bit of a run up to earnings.

10月21日

注释

Big pullback today on the failed breakthrough of the ATH resistance. Would like to see it hold the trendline by eod today. Then, it'll be decisions: hold through earnings hoping for a breakout or cut loses.

10月24日

注释

Took longer than expected thanks to OpenAi, but it looks like the breakout is starting today. +5% on entry now.

10月24日

注释

Boom. Breakout.
We also have a new level of support at 257 which we should be able to hold.
At this point you have options. You can take profits if your position was big enough, you can partially hold, or you can keep it rolling.
For me the big question is whether to hold or sell before earnings. I believe earnings will be good, but I'm also the type of trader that doesn't like "unknowns".
I'll likely hold this position right up to earnings day and then close it before earnings.

10月28日

注释

TARGET 1 REACHED
Last night after hours, we hit 270 and I closed 50% of my position.
I'm going to let the other half ride through earnings. #yolo

10月30日

交易结束：到达目标

Boom.
That went perfectly to plan.
Entry was 254.
Closed 50% of the position at 270.
Closed the other 50% last night after earnings at 290.
Love it when a trade goes to plan.