$GOOGL sitting right on the 50-day moving average. This level has been a cleaner pivot for Google than most other big tech names lately.
The setup: 50dma has held as support multiple times. Price is testing it again. If it bounces here, could be a solid long entry with a tight stop just below.
If it breaks and closes under? Different story. But the technical setup favors a bounce attempt here. Watch how it reacts in the next few sessions.
The setup: 50dma has held as support multiple times. Price is testing it again. If it bounces here, could be a solid long entry with a tight stop just below.
If it breaks and closes under? Different story. But the technical setup favors a bounce attempt here. Watch how it reacts in the next few sessions.