1. 1-Hour Timeframe
* Current Price: $192.70
* Key Resistance Levels:
* $192.92: Immediate resistance level.
* $195.00–$196.00: Resistance zone near previous highs.
* $201.42: Psychological and structural resistance.
* Key Support Levels:
* $188.58: Nearest support level, previously tested.
* $183.92: Stronger support from previous consolidation.
2. Key Observations
1. Trend Analysis:
* GOOGL recently broke out of a descending channel, indicating a potential shift from bearish to bullish momentum.
* The breakout is accompanied by higher-than-usual volume, signaling interest from buyers.
2. Stochastic Oscillator:
* Currently nearing the overbought zone, which suggests the possibility of a short-term pullback before further upward movement.
3. Volume Analysis:
* The breakout occurred with a noticeable spike in volume, indicating strong bullish intent.
3. My Thoughts on GOOGL’s Direction
* Bullish Bias: GOOGL has shown strength breaking out of the descending channel and moving toward resistance at $192.92. If it holds above this level, I expect it to test $195.00 and potentially $196.00 in the near term.
* Possible Pullback: With the Stochastic Oscillator in the overbought zone, a pullback to $188.58 or even $186.00 is possible before resuming upward momentum.
Overall, I lean bullish for GOOGL, but a short-term pullback before continuation cannot be ruled out.
4. Trade Scenarios
Bullish Scenario:
* Entry: On a breakout above $192.92 with volume confirmation.
* Targets: $195.00, then $196.00.
* Stop-Loss: Below $191.00 to minimize downside risk.
Bearish Scenario:
* Entry: If GOOGL fails to break $192.92 and rejects with significant selling pressure.
* Targets: $188.58, then $183.92.
* Stop-Loss: Above $193.50.
5. Key Levels to Watch
* Support: $188.58 and $183.92.
* Resistance: $192.92, $195.00, and $201.42.
GOOGL is showing signs of bullish momentum with its breakout from the descending channel, but a short-term pullback due to overbought conditions is possible. I expect it to test $195.00 soon if $192.92 is cleared decisively. Traders should keep an eye on volume and price action at these key levels to determine the next move.
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Option Trading Scalping and Long/Short Strategy for GOOGL

1. Scalping Strategy for Options Trading
Key Observations from GEX Levels and Chart
* Resistance Levels:
* $195.00: Strong 2nd Call Wall and significant resistance.
* $197.50: Higher resistance near the next GEX (Gamma Exposure) level.
* $202.50: 3rd Call Wall and a strong psychological barrier.
* Support Levels:
* $190.00: Key level with moderate support (16.33% GEX9).
* $187.50: High Volume Level (HVL) and key support zone.
* $182.50: 2nd Put Wall, providing stronger downside support.
* Volume and Momentum:
* Momentum indicates bullish activity, with price moving toward $195.00 resistance.
* Options Oscillator shows 7.6% calls and a neutral-to-bullish sentiment.
Scalping Call Options (Bullish Setup):
* Entry: On a breakout above $195.00 with volume confirmation and momentum.
* Target: $197.50 (first target) and $202.50 (extended target).
* Stop-Loss: Below $193.50 to limit downside risk.
Why It Works: The breakout above $195.00 aligns with a gamma squeeze toward higher levels, as there’s a buildup of positive gamma above $195.00.
Scalping Put Options (Bearish Setup):
* Entry: On rejection at $195.00 or breakdown below $190.00 with strong volume.
* Target: $187.50 (HVL) and $185.00 (next support zone).
* Stop-Loss: Above $195.50.
Why It Works: A rejection at $195.00 signals resistance and potential profit-taking, with a move targeting GEX support levels.
2. Long/Short Strategy
Long Strategy (Bullish Case):
* Entry: Enter long positions on sustained price action above $195.00.
* Targets:
* Short-Term: $197.50 (near-term resistance).
* Extended: $202.50 and $205.00 (3rd Call Wall and GEX resistance).
* Stop-Loss: Below $193.50 for risk management.
Why It Works: A breakout above $195.00 signals continued bullish momentum, with GEX indicating higher gamma exposure driving prices upward.
Short Strategy (Bearish Case):
* Entry: Enter short positions on rejection at $195.00 or a breakdown below $190.00.
* Targets:
* Short-Term: $187.50 (HVL and moderate support).
* Extended: $182.50 (2nd Put Wall support).
* Stop-Loss: Above $195.50 for rejection trades, or above $191.00 for breakdown trades.
Why It Works: Rejection or a failed breakout at $195.00 aligns with bearish sentiment, targeting downside gamma levels for support.
3. Additional Notes
* Scalping Tips:
* Use short-dated options (7–14 DTE) for quick price moves.
* Focus on at-the-money (ATM) strikes for the best risk/reward ratio.
* Volume Confirmation:
* Ensure volume spikes at key levels (e.g., $195.00 for breakout or rejection).
* Risk Management:
* Stick to tight stop-losses to limit losses in scalping.
* For long/short trades, scale into positions at support/resistance levels.
Conclusion
* Bullish Scenario: Breakout above $195.00 targets $197.50 and $202.50.
* Bearish Scenario: Rejection at $195.00 or breakdown below $190.00 targets $187.50 and $182.50.
Focus on volume and price action near key GEX levels to guide your entries and exits.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Please trade responsibly and manage your risk appropriately.
* Current Price: $192.70
* Key Resistance Levels:
* $192.92: Immediate resistance level.
* $195.00–$196.00: Resistance zone near previous highs.
* $201.42: Psychological and structural resistance.
* Key Support Levels:
* $188.58: Nearest support level, previously tested.
* $183.92: Stronger support from previous consolidation.
2. Key Observations
1. Trend Analysis:
* GOOGL recently broke out of a descending channel, indicating a potential shift from bearish to bullish momentum.
* The breakout is accompanied by higher-than-usual volume, signaling interest from buyers.
2. Stochastic Oscillator:
* Currently nearing the overbought zone, which suggests the possibility of a short-term pullback before further upward movement.
3. Volume Analysis:
* The breakout occurred with a noticeable spike in volume, indicating strong bullish intent.
3. My Thoughts on GOOGL’s Direction
* Bullish Bias: GOOGL has shown strength breaking out of the descending channel and moving toward resistance at $192.92. If it holds above this level, I expect it to test $195.00 and potentially $196.00 in the near term.
* Possible Pullback: With the Stochastic Oscillator in the overbought zone, a pullback to $188.58 or even $186.00 is possible before resuming upward momentum.
Overall, I lean bullish for GOOGL, but a short-term pullback before continuation cannot be ruled out.
4. Trade Scenarios
Bullish Scenario:
* Entry: On a breakout above $192.92 with volume confirmation.
* Targets: $195.00, then $196.00.
* Stop-Loss: Below $191.00 to minimize downside risk.
Bearish Scenario:
* Entry: If GOOGL fails to break $192.92 and rejects with significant selling pressure.
* Targets: $188.58, then $183.92.
* Stop-Loss: Above $193.50.
5. Key Levels to Watch
* Support: $188.58 and $183.92.
* Resistance: $192.92, $195.00, and $201.42.
GOOGL is showing signs of bullish momentum with its breakout from the descending channel, but a short-term pullback due to overbought conditions is possible. I expect it to test $195.00 soon if $192.92 is cleared decisively. Traders should keep an eye on volume and price action at these key levels to determine the next move.
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Option Trading Scalping and Long/Short Strategy for GOOGL
1. Scalping Strategy for Options Trading
Key Observations from GEX Levels and Chart
* Resistance Levels:
* $195.00: Strong 2nd Call Wall and significant resistance.
* $197.50: Higher resistance near the next GEX (Gamma Exposure) level.
* $202.50: 3rd Call Wall and a strong psychological barrier.
* Support Levels:
* $190.00: Key level with moderate support (16.33% GEX9).
* $187.50: High Volume Level (HVL) and key support zone.
* $182.50: 2nd Put Wall, providing stronger downside support.
* Volume and Momentum:
* Momentum indicates bullish activity, with price moving toward $195.00 resistance.
* Options Oscillator shows 7.6% calls and a neutral-to-bullish sentiment.
Scalping Call Options (Bullish Setup):
* Entry: On a breakout above $195.00 with volume confirmation and momentum.
* Target: $197.50 (first target) and $202.50 (extended target).
* Stop-Loss: Below $193.50 to limit downside risk.
Why It Works: The breakout above $195.00 aligns with a gamma squeeze toward higher levels, as there’s a buildup of positive gamma above $195.00.
Scalping Put Options (Bearish Setup):
* Entry: On rejection at $195.00 or breakdown below $190.00 with strong volume.
* Target: $187.50 (HVL) and $185.00 (next support zone).
* Stop-Loss: Above $195.50.
Why It Works: A rejection at $195.00 signals resistance and potential profit-taking, with a move targeting GEX support levels.
2. Long/Short Strategy
Long Strategy (Bullish Case):
* Entry: Enter long positions on sustained price action above $195.00.
* Targets:
* Short-Term: $197.50 (near-term resistance).
* Extended: $202.50 and $205.00 (3rd Call Wall and GEX resistance).
* Stop-Loss: Below $193.50 for risk management.
Why It Works: A breakout above $195.00 signals continued bullish momentum, with GEX indicating higher gamma exposure driving prices upward.
Short Strategy (Bearish Case):
* Entry: Enter short positions on rejection at $195.00 or a breakdown below $190.00.
* Targets:
* Short-Term: $187.50 (HVL and moderate support).
* Extended: $182.50 (2nd Put Wall support).
* Stop-Loss: Above $195.50 for rejection trades, or above $191.00 for breakdown trades.
Why It Works: Rejection or a failed breakout at $195.00 aligns with bearish sentiment, targeting downside gamma levels for support.
3. Additional Notes
* Scalping Tips:
* Use short-dated options (7–14 DTE) for quick price moves.
* Focus on at-the-money (ATM) strikes for the best risk/reward ratio.
* Volume Confirmation:
* Ensure volume spikes at key levels (e.g., $195.00 for breakout or rejection).
* Risk Management:
* Stick to tight stop-losses to limit losses in scalping.
* For long/short trades, scale into positions at support/resistance levels.
Conclusion
* Bullish Scenario: Breakout above $195.00 targets $197.50 and $202.50.
* Bearish Scenario: Rejection at $195.00 or breakdown below $190.00 targets $187.50 and $182.50.
Focus on volume and price action near key GEX levels to guide your entries and exits.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Please trade responsibly and manage your risk appropriately.
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.