Key Levels
Resistance:
170.75 - 170.72: Major resistance range where GOOG has faced selling pressure.
169.23 - 169.16: Short-term resistance zone. If the price breaks above this, it may test the higher resistance levels.
Support:
167.61: First layer of support, which could provide a bounce opportunity.
165.76: Stronger support level; a break below this could indicate further downside risk.
162.78: Major swing support; likely to attract buyers if reached.
Entry/Exit Points
Scalping:
Entry: Consider entering near 167.61 if GOOG shows buying interest. A break above 169.16 could provide a quick scalp towards 170.72.
Exit: Exit scalps before key resistance zones, like 169.23 and 170.72, or on signs of rejection at these levels.
Swing Trading:
Entry: Watch for a retracement to 165.76 for a possible entry, especially if price shows consolidation around this level.
Exit: Consider exits near the 170.72 resistance zone or higher if momentum supports a continued rally.
Directional Suggestion
Bullish Bias if GOOG can maintain above 167.61 and break through 169.23; this could lead to a test of 170.75.
Bearish Bias if GOOG fails to hold above 165.76, with the next support level being 162.78.
Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Always conduct your own research and consider consulting a financial advisor before trading.
Resistance:
170.75 - 170.72: Major resistance range where GOOG has faced selling pressure.
169.23 - 169.16: Short-term resistance zone. If the price breaks above this, it may test the higher resistance levels.
Support:
167.61: First layer of support, which could provide a bounce opportunity.
165.76: Stronger support level; a break below this could indicate further downside risk.
162.78: Major swing support; likely to attract buyers if reached.
Entry/Exit Points
Scalping:
Entry: Consider entering near 167.61 if GOOG shows buying interest. A break above 169.16 could provide a quick scalp towards 170.72.
Exit: Exit scalps before key resistance zones, like 169.23 and 170.72, or on signs of rejection at these levels.
Swing Trading:
Entry: Watch for a retracement to 165.76 for a possible entry, especially if price shows consolidation around this level.
Exit: Consider exits near the 170.72 resistance zone or higher if momentum supports a continued rally.
Directional Suggestion
Bullish Bias if GOOG can maintain above 167.61 and break through 169.23; this could lead to a test of 170.75.
Bearish Bias if GOOG fails to hold above 165.76, with the next support level being 162.78.
Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Always conduct your own research and consider consulting a financial advisor before trading.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.