GOOGL: A Resilient Bounce Sets Up the Next Wave

73
GOOGL DAILY TECHNICAL ANALYSIS ๐Ÿ“Š

OVERALL TREND
๐Ÿ“ˆ UPTREND โ€” Price has rebounded off the April low with increasing bullish pressure, now holding above key short-term moving averages. A potential trend reversal is underway if momentum sustains above 155.

๐Ÿ“‰RESISTANCE ZONE
  • ๐Ÿ”ด 207.05 โ€” PIVOT HIGH | SELL STOPLOSS
  • ๐Ÿ”ด 203.76 โ€” SELL ORDER II
  • ๐Ÿ”ด 197.10 โ€” SELL ORDER I


๐ŸŽฏENTRIES & TARGETS
  • ๐ŸŸข 193.74 โ€” EXIT BUY & TP 4
  • ๐ŸŸข 181.64 โ€” BUY ORDER & TP 3
  • ๐ŸŸข 173.79 โ€” BUY ORDER & TP 2
  • ๐ŸŸข 140.53 โ€” BUY ORDER & TP 1


๐Ÿ“ˆSUPPORT ZONES
  • ๐ŸŸข 150.92 โ€” BUY ORDER 1
  • ๐ŸŸข 143.85 โ€” BUY ORDER 2
  • ๐ŸŸข 207.05 โ€” BUY STOPLOSS | PIVOT LOW


๐Ÿ“ˆMOVING AVERAGE SUMMARY
  • โœ… Short-Term MAs (10โ€“50) โ€” Bullish crossover confirmed, supporting upside
  • โš ๏ธ Mid-Term MAs (100) โ€” Still bearish, price must sustain above 156.70
  • ๐Ÿ”ด Long-Term MAs (200) โ€” Bearish, still weighing on broader structure


โœ๏ธSTRUCTURAL NOTES
  • Price recently flipped bullish across 10โ€“50 SMA/EMA clusters
  • Volume confirming strength, but needs follow-through above 162.48
  • Stochastic RSI (95.93) is overheated โ€” expect short-term pullback or consolidation
  • MACD, Momentum, and AO all signal increasing buy-side control
  • Ichimoku Base Line (153.25) being tested โ€” reclaiming it is bullish confirmation


TRADE OUTLOOK ๐Ÿ”Ž
  • ๐Ÿ“ˆ Bullish bias holds above 150.92 and especially above 155.63
  • ๐ŸŽฏ Upside targets: 162.48 โ†’ 173.79 โ†’ 181.64
  • ๐Ÿ“‰ Short-term rejection possible near TP1 โ€” RSI and StochRSI nearing exhaustion
  • ๐Ÿ‘€ Watch for a decisive break above 162.48 with volume for continuation


๐ŸงชSTRATEGY RECOMMENDATION

CONSERVATIVE (Trend-Following):
โ€” Buy Entry: 155.63
โ€” TP Levels: 162.48 / 173.79 / 181.64
โ€” SL: Below 150.92

HIGH-RISK SCALP (Momentum Pullback):
โ€” Buy Dip: 150.92 or 143.85
โ€” TP: 155.63 / 162.48
โ€” SL: Below 140.35

โ€œDiscipline | Consistency | PAY-tienceโ€

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.