Articles tagged with GOOGL

After a price high has been set off an uptrend, I look for a continuation pattern to emerge. Alphabet (GOOGL) is a perfect example. GOOGL rallied for close to a year, setting a significant high in January 2024. Since then, we've seen a gap down to establish a potential inverse left shoulder, a subsequent recovery to set the left side of a neckline, a further drop to print an inverse head and a March rally all the way back up to test initial price resistance set by the left side of a neckline. That high culminated with a shooting star candle and false breakout in mid-March that established the potential right side of a neckline. Check it out:...keep reading