GOOGL is showing oversold on the daily and is approaching the 2.618 FIB retracement. It does not have to hit it, but I added calls to my portfolio and will buy more if it continues to sell down to 165. I expect a reversal soon to fill the gap (or at least get close) at 181. PT1 is 175
Note
Looking at the RSI, the last time RSI was this low GOOGL rallied 9% in a week. Let's see how next week plays out. I don't think we see anything happening today.
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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.