GOOGL Looks Ready to Reclaim the Channel – Watch These Key Zones! 📈
🧠 GEX-Based Options Sentiment Insight (20 DTE):
GOOGL shows a strong bullish options bias going into this week, with CALLs comprising 20.3% of flow and a positive Gamma Exposure (GEX) reading. Here's the breakdown:
* Gamma Wall (Resistance): $180–$182.50
* 2nd CALL Wall: $177.50 (69.5%) – key magnet
* Highest Positive NET GEX: $180 – breakout level for upside continuation
* Support Zone: $172.5 (Put Wall -31%)
* PUT Pressure Floor: $170–$167 range (3rd/4th PUT wall cluster)
🔧 Option Strategy Suggestion:
🎯 Bullish setup
* Consider 177.5c or 180c contracts (0DTE or 7/12 expiry) for quick moves if price holds above $175 and breaks $177.50.
* Scalp the range to $179–$180, trail stops near $174.80.
* Aggressive breakout players can aim for $182.50 if volume confirms.
🛑 Bearish hedge
* If price breaks $172.50 with strong volume, consider 170p or 167.5p targeting the lower PUT Wall zone.
* Keep stops tight above $174.96.
📊 1-Hour Chart – Price Action Breakdown
GOOGL recently flipped bullish with a BOS and a solid CHoCH confirmation. Price reclaimed a critical trendline and retested a fair value gap inside the green demand zone.
* Current Price: $176.45
* Key Demand Zone: $172.8–$174.9 (multiple FVG and liquidity sweep confluence)
* CHoCH + BOS combo: Indicates momentum shift
* Supply Zone (Resistance): $177.9–$179.7
* Trendline Breakout Retest Confirmed
🧭 If buyers defend above $174.9–$175, we could see a move toward $179.67 and possibly challenge the $181.96 high. A failure below $173.5 risks a full reversion to the prior range near $170.
🎯 Trading Plan Summary:
* Bullish Scenario:
* Entry: Above $177.50
* Target: $179.67 → $182
* Stop Loss: Below $174.96
* Bearish Scenario:
* Entry: Below $172.50
* Target: $170 → $167.5
* Stop Loss: Above $175.10
This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and manage risk accordingly.
🧠 GEX-Based Options Sentiment Insight (20 DTE):
GOOGL shows a strong bullish options bias going into this week, with CALLs comprising 20.3% of flow and a positive Gamma Exposure (GEX) reading. Here's the breakdown:
* Gamma Wall (Resistance): $180–$182.50
* 2nd CALL Wall: $177.50 (69.5%) – key magnet
* Highest Positive NET GEX: $180 – breakout level for upside continuation
* Support Zone: $172.5 (Put Wall -31%)
* PUT Pressure Floor: $170–$167 range (3rd/4th PUT wall cluster)
🔧 Option Strategy Suggestion:
🎯 Bullish setup
* Consider 177.5c or 180c contracts (0DTE or 7/12 expiry) for quick moves if price holds above $175 and breaks $177.50.
* Scalp the range to $179–$180, trail stops near $174.80.
* Aggressive breakout players can aim for $182.50 if volume confirms.
🛑 Bearish hedge
* If price breaks $172.50 with strong volume, consider 170p or 167.5p targeting the lower PUT Wall zone.
* Keep stops tight above $174.96.
📊 1-Hour Chart – Price Action Breakdown
GOOGL recently flipped bullish with a BOS and a solid CHoCH confirmation. Price reclaimed a critical trendline and retested a fair value gap inside the green demand zone.
* Current Price: $176.45
* Key Demand Zone: $172.8–$174.9 (multiple FVG and liquidity sweep confluence)
* CHoCH + BOS combo: Indicates momentum shift
* Supply Zone (Resistance): $177.9–$179.7
* Trendline Breakout Retest Confirmed
🧭 If buyers defend above $174.9–$175, we could see a move toward $179.67 and possibly challenge the $181.96 high. A failure below $173.5 risks a full reversion to the prior range near $170.
🎯 Trading Plan Summary:
* Bullish Scenario:
* Entry: Above $177.50
* Target: $179.67 → $182
* Stop Loss: Below $174.96
* Bearish Scenario:
* Entry: Below $172.50
* Target: $170 → $167.5
* Stop Loss: Above $175.10
This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and manage risk accordingly.
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.