GOOG has had a good month thus far rising about 9% and relatively strong compared with
QQQ ( black line on chart) as shown on this one-hour chart. The past couple of days it has
rested in consolidation at the upper volume shelf on the profile. The stochastic RSI has the
lines low below the oversold /undervalued line of 25 and "curling up" suggesting they are about
to cross. The 24 hour running average volume indicator shows stable volume at a level higher
than April. No matter it may be overextended, GOOG has consolidated to base the next leg
up. Its high liquidity and low spreads make for a long entry of stock or call options.
QQQ ( black line on chart) as shown on this one-hour chart. The past couple of days it has
rested in consolidation at the upper volume shelf on the profile. The stochastic RSI has the
lines low below the oversold /undervalued line of 25 and "curling up" suggesting they are about
to cross. The 24 hour running average volume indicator shows stable volume at a level higher
than April. No matter it may be overextended, GOOG has consolidated to base the next leg
up. Its high liquidity and low spreads make for a long entry of stock or call options.
Trade attivo
GOOG is pushing higher today. It was good to get in during consolidation.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.