Google (GOOGL) the true cup and handle and it is real this time
People love to talk about fractals so I talk about fractals.
Every time I see a post on Tradingview about a cup and handle in a downtrend it makes me sick. So here a few ones so that you can get a good ideas of what to look for and why next time your are face with an long-term uptrend and a consolidation/continuation pattern.
Every time I see a post on Tradingview about a cup and handle in a downtrend it makes me sick. So here a few ones so that you can get a good ideas of what to look for and why next time your are face with an long-term uptrend and a consolidation/continuation pattern.
Commento:
Commento:
The market is telling you to go big on Google right now but it is only me drawing on a char. So you need to manage your risk properly; good investing.
The market is telling you to go big on Google right now but it is only me drawing on a char. So you need to manage your risk properly; good investing.
Trade chiuso: obiettivo raggiunto:
Every thing according to plan time for a first TP (take profit).
The target has not been fully reach yet but I prefer to play it safe as the RSI is in overbought condition.
We can expect further upside with the appearance of a bearish divergence RSI.
The target has not been fully reach yet but I prefer to play it safe as the RSI is in overbought condition.
We can expect further upside with the appearance of a bearish divergence RSI.