balinor

Failed to stay on top

Long
balinor Updated   
BATS:GOOG   Alphabet Inc (Google) Class C
Google cannot stabilize on the top and price falled down reaching bottom of current upside channel

Today price can bounce and close a candle above purple trendline as confirmation

Is it possible (but less probable) that price break current channel heading down to next resistace at 130$

Comment:
Price stopped dropping at 1D SMA200 but movement is not complete
It must reach 130$ (or maybe a rapid touch to 128$) where a bounce can happen

Check purple trendline break for a confirmation of a new uptrend
Comment:
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