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Google Cup & Handle Pattern

Long
Alphabet Inc (Google) Class A (NASDAQ:GOOGL)  
vt_trader  
NASDAQ:GOOGL   Alphabet Inc (Google) Class A
Trend Analysis Harmonic Patterns Chart Patterns google GOOGL alphabet S&P 500 (SPX500) SPX (S&P 500 Index) nasdaq nasdaq100 faang cupandhandlepattern
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trendanalysis harmonicpatterns chartpattern google googl alphabet spx500 spx nasdaq nasdaq100 faang cupandhandlepattern
Google has formed Cup Handle Pattern on daily timeframe chart. This is bullish pattern, we can take swing trade here.

Entry:
We can go Long after close of bullish candle above the resistance zone as marked on chart.

Target:
Usually for Cup & Handle Pattern target is equal to the depth of cup, we are going to keep the target near the next resistance zone.

Stoploss:
We can keep the stoploss below the resistance zone.
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