GOOG 🔥 LucanInvestor’s Commands: 🩸 Resistance: $196.25. A breakout could target $200 and $204. 🩸 Support: $190. A breakdown risks a decline to $186 and $181.
🔥 LucanInvestor’s Strategy: 🩸 Long: Above $196.25, aim for $200 and $204 with tight stops. 🩸 Short: Below $190, target $186 and $181, managing risk with a stop-loss at $192.
🩸 Market Context: The MACD indicator shows a narrowing histogram, signaling potential momentum loss. The 9 EMA is converging with the price, indicating a crucial inflection point.
👑 "The path to success demands precision. Analyze, adapt, and conquer with every decision." — LucanInvestor
GOOG Price closed inside Monday's trading range. I expect price to go higher on the next trading session to the daily bearish fair value gap. It may fade from there to get lower to retest the low at 186.37 eventually.
GOOG 🔥 LucanInvestor’s Commands: 🩸 Resistance: $198.00. A breakout targets $202 and $205. 🩸 Support: $192.00. A breakdown exposes $188 and $184.
🔥 LucanInvestor’s Strategy: 🩸 Long: Above $198.00, aiming for $202 and $205. 🩸 Short: Below $192.00, targeting $188 and $184.
🩸 Alphabet is trading near its 9 EMA, with MACD signaling early bullish momentum. A breakout above $198 could continue the upward trend, while a break below $192 would suggest a pullback. Seasonal strength supports the bullish case, with a YTD gain of +39%.
👑 "Precision at resistance levels sets the winners apart." — LucanInvestor