Google .. falling wedge

25 Şub 2023

You know what I hate? Bullish patterns in a bearish market and vice versa.. reason why ?
They usually lead to fake out because of the low volume. You ever tried to short a double top in a bullish market ? Painful 😆

Here we are with a wedge breakout after Google has closed its most recent gap at 88.50

Google has 2 gaps that need to be close

One at 91

And the other at 94

Go to your daily chart.. The money flow is now oversold, also if you throw a trendline on the Daily rsi ymstarting from Sept RSI low, you'll see we're on support.. I think the time for shorting Google is over

17 Mar 2023

Not

Pullback to retest breakout or 97 area then we push up to 110..
Setup is invalidated if we fall back inside breakout area