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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t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
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Trusted Crypto Prop Firm
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📊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
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.