Watching for a $GOOG retest of 360
Been keeping an eye on $GOOG after yesterday's session. It seems to be holding up well, but the day's range saw it dip quite a bit. I'm looking for a potential retest of that 360-362 zone in the next couple of sessions. If it can hold that level, especially if it bounces hard, it could indicate some solid demand coming in. However, if we see a clear break and sustained close below 360, particularly with volume, then my short-term bullish outlook for a quick bounce would be invalidated, and I'd likely reassess for further downside pressure. Just my thoughts, always good to have a downside scenario planned.
It's a common area for retests, but Google's movements have been fairly volatile lately. Are you looking at any specific volume metrics around that 360 level?