GOOGL Price Action: Will Bulls Defend This Key Level?
(GOOGL) – Daily Technical Analysis
- Support Zone ($162 - Point of Interest): A key demand area where price has historically rebounded. A retest could offer a potential buying opportunity.
- Resistance Zone ($197 - Target Area): A strong supply zone where previous rallies have faced rejection. A breakout above this level could signal further upside momentum.
- Current Price ($173.86): Trading above support, but a pullback toward the $162 zone is possible before a potential rebound toward resistance.
- Volume & Trend: Volume remains active, indicating strong market participation. Confirmation of a reversal at support would strengthen the bullish case.
Outlook: Watch for price reaction near the support zone for a potential rebound toward $197. A breakdown below $162 could invalidate the bullish setup.
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- Support Zone ($162 - Point of Interest): A key demand area where price has historically rebounded. A retest could offer a potential buying opportunity.
- Resistance Zone ($197 - Target Area): A strong supply zone where previous rallies have faced rejection. A breakout above this level could signal further upside momentum.
- Current Price ($173.86): Trading above support, but a pullback toward the $162 zone is possible before a potential rebound toward resistance.
- Volume & Trend: Volume remains active, indicating strong market participation. Confirmation of a reversal at support would strengthen the bullish case.
Outlook: Watch for price reaction near the support zone for a potential rebound toward $197. A breakdown below $162 could invalidate the bullish setup.
If you enjoy, press the like button.
Dagangan aktif
Nota
Price is trying to go upside...
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Penerbitan berkaitan
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.