GOOGL (or GOOG) are setup to fail.
RSI is overbought.
Pattern is clearly visible and reaching failure point.
Pattern failure imminent is confirmed by RSI, MACD ready to flip, and price overbought.
Gaps to fill below.
Everything is pointing down on this chart. January 2020 looks like the end of the road up for GOOGL.
I will be re-evaluating this chart at end of December for entry, if not before.
Options are NOT cheap. But payout is outstanding if timed correctly.
Thank you for liking, commenting, throwing up a chart, following, or viewing.
I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts.
Disclosure - I am long MARA, GBTC, BTCUSD, GDX, VIXY
Short SPY and AAPL
RSI is overbought.
Pattern is clearly visible and reaching failure point.
Pattern failure imminent is confirmed by RSI, MACD ready to flip, and price overbought.
Gaps to fill below.
Everything is pointing down on this chart. January 2020 looks like the end of the road up for GOOGL.
I will be re-evaluating this chart at end of December for entry, if not before.
Options are NOT cheap. But payout is outstanding if timed correctly.
Thank you for liking, commenting, throwing up a chart, following, or viewing.
I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts.
Disclosure - I am long MARA, GBTC, BTCUSD, GDX, VIXY
Short SPY and AAPL