Looking to buy GOOGL above $171 if it holds.
Why:
Stop loss under .50 fib.
Taking profit just under swing high
Why:
- Broke through .50 fib resistance and held the retest (orange circle)
- Relative strength compares to SPY
- EMAs are nearby and may act as support if it breaks through them
Stop loss under .50 fib.
Taking profit just under swing high
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