We finally see 140
Shared this in my video:
“GOOGL is looking bullish because it was making higher lows as it moved up over the last 9 trading days.
Other bullish signals are firstly, it bounced off the 50% Fibonacci level, which coincides with the bottom of the range that I mentioned, which is 127.
Since then, it has also reclaimed an important level, which is the 50 moving average, which now sits at 132.
The third bullish signal is that it has also reclaimed the next Fibonacci level at around 134.”
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minions365 : Im having 137 strike price puts expiring on friday..
Lost all my money there :(
Didnt know that market is so resilient and keep moving up.
minions365 : Any chance it will drop to 135- 136 by Friday?
Cow Moo-ney OP minions365 : Friday is just tomorrow
timeline is tight. Time decay will set in fast.
Anyway, I cannot offer you a precise prediction on whether it will fall to 135-136, in fact no one can. All I can say is you can only bank on CPI data to have that huge movement down. Otherwise, GOOGL is looking bullish to me, especially when it broke above the recent high of 139. The saving grace is that it is a little oversold on RSI, but that said, even if it wants to cool off the RSI a little, a drop to 135-136 could be tough, unless CPI prints bad and market decides to sell off
I’ve shared in my video on Sunday that Google is looking bullish. I also sold cash secured put last week (bullish move). You can check out my video for more info (but not financial advice alright).
All the best!
Cow Moo-ney OP minions365 : I have also shared in my video that there is a potential recovery in Oct / Nov period after a bearish Aug and Sep![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Anyway, good luck, wish you can recover the money back