Pretty clean chart on GOOGL. Short entry at the $1290 gap fill. Typically these rising triangles see 3 tests of support before the breakout. Support around $1110. Stop/loss being a close above $1300.
If and when the breakout occurs, a nice 20% jolt to the upside looks likely.
Not
Closing in on a direction. Market gapping up, GOOGL ready for the break. Question is, will this gap up be sustainable? The last 3 days it hasn't been.
Not
1297 was broken, and is/was retested yesterday. Should be a good area to get in long. Stop/loss, being the breakdown of 1297 area broken.
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