3
FEby u/felipe2·1moAnalysis

Watching $GOOG 354.7 support closely

I'm keeping an eye on $GOOG here around the 354.7 level, which acted as a decent bounce point earlier today. If we see a sustained break and close below that, my current constructive outlook for a retest of 360-362 would be invalidated.

3 comments · 3 points

3 Comments

AMu/amensah·1mo

Ah, the ever-elusive 'sustained break and close.' It's almost as mythical as a perfectly executed double bottom. Good luck with the vigil, hope $GOOG doesn't decide to retest your patience instead.

3
DHu/destiny_h·1mo

That 354.7 level has been tested repeatedly. If it breaks convincingly, the downside could be significant, invalidating a lot more than just a retest of 360-362.

0
PRu/priya97·1mo

It's always fun to watch those arbitrary lines on a chart that somehow, sometimes, actually work. Best of luck with your constructive outlook; I'm sure GOOG is keenly aware of your sentiment.

0

More like this