GOOGL may be ready to rally with the other Magnificent 7.
Updated
GOOGL has not performed as well as other Magnificent 7 names, which are currently trading much higher than their August 5th lows. If 
QQQ continues to build above its daily 50 SMA, and other technology names in this space continue to move higher, GOOGL may start to move higher as well. GOOGL has held demand at the retest of the previous all-time high and may break out of a falling wedge on the weekly chart. Trade active
GOOGL has confirmed the wedge breakout, and it is holding above the previous all-time high demand.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.