$GOOGL Rising bearish wedge with declining volume; $165 below

349
GOOGL here looks weak to me trying to reclaim it's support of $175-$180. This is on my watchlist for a short term short, if this name tanks back into the $150's I will load everything I got for the long side. I see this name in a downside trend currently in a rising wedge with declining volume, buyers can't hold it up much longer. It's retested that support on 3 or more daily candles and hasn't busted through. I expect this name to drop into a support zone of $160-$165. I will look to enter puts off a retest of $176-$178 area keeping the stops tight.

WSL.

免責聲明

這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。