• 523 days Will The ECB Continue To Hike Rates?
  • 523 days Forbes: Aramco Remains Largest Company In The Middle East
  • 525 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 925 days Could Crypto Overtake Traditional Investment?
  • 930 days Americans Still Quitting Jobs At Record Pace
  • 932 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 935 days Is The Dollar Too Strong?
  • 935 days Big Tech Disappoints Investors on Earnings Calls
  • 936 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 938 days China Is Quietly Trying To Distance Itself From Russia
  • 938 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 942 days Crypto Investors Won Big In 2021
  • 942 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 943 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 945 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 946 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 949 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 950 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 950 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 952 days Are NFTs About To Take Over Gaming?
How The Ultra-Wealthy Are Using Art To Dodge Taxes

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

  1. Home
  2. Markets
  3. Other

GOOGL Bullish Setup

I was not fast enough to buy the gap and go of TNA.

Instead I bought GOOGL

Reason: Potential Double Bottom with a theoretical target at 574

In my opinion on April 28 price has completed the wave (A) of a Zig Zag, if this is the case and the Double Bottom pans out the wave (B) could reach the measured target in the area of the 0.618 retracement provided price does not stall at the 50 dma

I am long with a stop at today's gap up (If closed by eod print)

GOOGL Chart
Larger Image

 

Back to homepage

Leave a comment

Leave a comment