GOOG Alphabet Inc. Technical Rebound
Updated
If you haven`t sold GOOG at the top, when Ark Invest did:
Then you should know that a technical rebound refers to a recovery from a prior period of losses when technical signals indicate that the move was oversold.
In this case, the Relative Strength Index momentum indicator of GOOG is at 22.42.
Even though i am overall bearish on the economy, buying a strong financial instrument when the RSI is below 30, would make a case for a potential short term reversal.
Looking forward to read your opinion about it.
Then you should know that a technical rebound refers to a recovery from a prior period of losses when technical signals indicate that the move was oversold.
In this case, the Relative Strength Index momentum indicator of GOOG is at 22.42.
Even though i am overall bearish on the economy, buying a strong financial instrument when the RSI is below 30, would make a case for a potential short term reversal.
Looking forward to read your opinion about it.
Trade closed: target reached
Chart went exactly as predicted!
BUYSELL indicators tradingindicators.store/
TRADING COURSE bit.ly/tradex
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RESULTS bit.ly/topgx
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BYBIT partner.bybit.com/b/37880
TRADING COURSE bit.ly/tradex
Private Signals patreon.com/PremiumOptionsSignals
RESULTS bit.ly/topgx
1%/DAY: bit.ly/3F56VTW
BYBIT partner.bybit.com/b/37880
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