GOOGL has been in a strong long-term uptrend, consistently respecting its rising wedge structure while printing higher highs and higher lows. 📈
The stock is now retesting a high-confluence support area, where two important technical factors intersect:
• The lower bound of the rising red wedge, acting as dynamic support.
• The blue structure zone, which has previously served as a strong support and resistance area.
📌 As long as this intersection continues to hold, we will be looking for trend-following long setups, anticipating the continuation of the primary bullish trend.
As always, rather than buying immediately, we will wait for bullish confirmation before considering any long positions.
Will this confluence trigger the next bullish impulse? 🤔
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📚 Stick to your trading plan regarding entries, risk, and management.
Good luck! 🍀
All Strategies Are Good; If Managed Properly!
~Richard Nasr
The stock is now retesting a high-confluence support area, where two important technical factors intersect:
• The lower bound of the rising red wedge, acting as dynamic support.
• The blue structure zone, which has previously served as a strong support and resistance area.
📌 As long as this intersection continues to hold, we will be looking for trend-following long setups, anticipating the continuation of the primary bullish trend.
As always, rather than buying immediately, we will wait for bullish confirmation before considering any long positions.
Will this confluence trigger the next bullish impulse? 🤔
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📚 Stick to your trading plan regarding entries, risk, and management.
Good luck! 🍀
All Strategies Are Good; If Managed Properly!
~Richard Nasr
📊I help you turn charts into a career
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theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Trusted Crypto Prop Firm
cutt.ly/Hyrotrader
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
📊I help you turn charts into a career
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Trusted Crypto Prop Firm
cutt.ly/Hyrotrader
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Trusted Crypto Prop Firm
cutt.ly/Hyrotrader
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
