This chart outlines a potential reaccumulation and continuation setup on GOOGL, mirroring the March 2024 price reset structure that preceded a strong rally into late 2024.
After a healthy correction from recent highs, price has now retraced into a key equilibrium zone, sitting just above the 200-day moving average and reclaiming the long-term ascending trendline.
We could be witnessing the formation of a higher low, potentially setting the stage for another strong leg up — projecting a ~35% move from the current structure lows, aligning with previous historical expansions over similar time frames (notably 119 days from low to high).
🔍 Smart Money Insights:
•Discount zone tapped, showing buyer interest and possible accumulation.
•Price is recovering above trendline + EMA confluence.
•Premium zone around $215 may act as the next major target/liquidity area.
🧠 Thesis:
If this monthly candle closes strong and confirms support around the $160–165 range, we may see a March-like reset that kicks off a Q2-Q3 continuation, targeting the $215 level.
After a healthy correction from recent highs, price has now retraced into a key equilibrium zone, sitting just above the 200-day moving average and reclaiming the long-term ascending trendline.
We could be witnessing the formation of a higher low, potentially setting the stage for another strong leg up — projecting a ~35% move from the current structure lows, aligning with previous historical expansions over similar time frames (notably 119 days from low to high).
🔍 Smart Money Insights:
•Discount zone tapped, showing buyer interest and possible accumulation.
•Price is recovering above trendline + EMA confluence.
•Premium zone around $215 may act as the next major target/liquidity area.
🧠 Thesis:
If this monthly candle closes strong and confirms support around the $160–165 range, we may see a March-like reset that kicks off a Q2-Q3 continuation, targeting the $215 level.
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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。