tieuphongna

Alphabet down trend

Short
tieuphongna Updated   
NASDAQ:GOOGL   Alphabet Inc (Google) Class A
I saw a shooting star pattern appear at the top of the uptrend, and a bearish confirmation candle with a lot of force. Although the open price of the confirmation candle was quite high, the close price was very low. I believe that Alphabet stock will decline in the next sessions.
Trade closed: target reached:
Price has been consolidating for a long time to move towards the predicted zone, however the first target has been achieved as planned, wait for the next target.
Trade active:
We should not be too optimistic about its rebound, as there was a price gap down before, this could be just a rebound move to fill the price gap, wait for the next target.

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