GOOGL - Searching for a new high

51
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Volume
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-slight increase

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Price Action
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- Bullish flag noticed and px broke out of flag
- Rounding bottom
- Weak selling pressure

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Technical Indicators
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- Ichimoku
>>> price above cloud
>>> Green kumo expanding
>>> Tenken [Conv] + Chiku [lagging] - above clouds and sloping upwards
>>> Kijun [Base] - Above clouds and sloping upwards

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Oscillators
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- MACD turning bullish
- DMI turning bullish
- StochRSI, bullish, crossed and within band

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Conclusion
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- short to long term breakout swing
- price may reverse at current level, to enter spot or wait for pullback at entry 2.

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