Hey,
If you are new in trading try to avoid that stock(TSLA and GOOGL)
Every stock have a personality, and GOOGL have a personality when it break the level and touch or even close and back again to level lower,
Today, market was weak and GOOGL was stronger than market,
we closed green and market closed red, so:
1. We have relative strenght compare to market
2. Bull flag - bulls like it and will starts to buy
3. We are above 200 ma, 8/34 emas crossed before,
4. We need GOOGL to make new highs above 145.46, after it have some micro levels but the most important is 151 - gap fill.
If you are new in trading try to avoid that stock(TSLA and GOOGL)
Every stock have a personality, and GOOGL have a personality when it break the level and touch or even close and back again to level lower,
Today, market was weak and GOOGL was stronger than market,
we closed green and market closed red, so:
1. We have relative strenght compare to market
2. Bull flag - bulls like it and will starts to buy
3. We are above 200 ma, 8/34 emas crossed before,
4. We need GOOGL to make new highs above 145.46, after it have some micro levels but the most important is 151 - gap fill.
Trade closed: target reached:
I closed half position here at 149.20$