curtmelonopoly

Google one of my favorite long set-ups this week. Chart notes.

Long
NASDAQ:GOOGL   Alphabet Inc (Google) Class A
Google one of my favorite long set-ups this week with 200 MA and channel bias. $GOOGL #charting

In my personal trading plan I am by far am leaning toward at least the first upper target (red circle) or even the next. The news has been so bearish of late for related companies that oversold is either now or near imo.

I'll be watching at 4:00 AM for any sign of trade bias and / or media starting to spill out from Europe or Asia and then at market open in the US.

My suspicion (hope) is that the media bias will turn early this week.

For those reasons, and of course the chart symmetry I will go in to this week extremely bullish $GOOGL unless price action and or media / news tell me to back off.

For more detail on the time cycle peaks for your trade, price targets, and support and resistance points relating to your personal trading plan contact me with any questions you have.

Best and peace!

PS Remember to trade price - if the trade goes against you it is always better to take a small loss than be married to a bad chart / stock.

Monday I will be broadcasting live this trading set-up and other chart set-ups documenting my process in detail for review w/ daily PL's, video, charting set-ups and alerts.

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