Alphabet Inc., Elliott Wave Technical Analysis
Alphabet Inc., (GOOGL:NASDAQ): 4h Chart 4 December 23
GOOGL Stock Market Analysis: We are monitoring the downside move into potential wave C as we seem to have an incomplete correction into potential wave (2).
GOOGL Elliott Wave Count: Wave C of (2).
GOOGL Technical Indicators: Below all averages.
GOOGL Trading Strategy: Looking for quick shorts if 130$ becomes tested resistance.
TradingLounge Analyst: Alessio Barretta
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Alphabet Inc., GOOGL: 1-hour Chart 4 December 23
Alphabet Inc., Elliott Wave Technical Analysis
GOOGL Stock Market Analysis: We seem to have had a three wave move to the downside as we are looking for a complete impulsive wave into either a short wave C or else wave {i} of C.
GOOGL Elliott Wave count: Wave {iii} of C.
GOOGL Technical Indicators: Between all averages.
GOOGL Trading Strategy: Looking for quick shorts if 130$ becomes tested resistance.