Google (GOOGL) the true cup and handle and it is real this time
People love to talk about fractals so I talk about fractals.
Every time I see a post on Tradingview about a cup and handle in a downtrend it makes me sick. So here a few ones so that you can get a good ideas of what to look for and why next time your are face with an long-term uptrend and a consolidation/continuation pattern.
Every time I see a post on Tradingview about a cup and handle in a downtrend it makes me sick. So here a few ones so that you can get a good ideas of what to look for and why next time your are face with an long-term uptrend and a consolidation/continuation pattern.
Note
Note
The market is telling you to go big on Google right now but it is only me drawing on a char. So you need to manage your risk properly; good investing.
Trade closed: target reached
Every thing according to plan time for a first TP (take profit).The target has not been fully reach yet but I prefer to play it safe as the RSI is in overbought condition.
We can expect further upside with the appearance of a bearish divergence RSI.
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.
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.