Alphabet Inc., Elliott Wave Technical Analysis
Alphabet Inc., (GOOGL:NASDAQ): 4h Chart 12 January 24
GOOGL Stock Market Analysis: We moved higher exactly as predicted, we are now pulling back as expected, as we could be entering wave {ii} of 3 to then enter higher territories. The main concerns comes from the fact we are still trading below Medium Level 150$.
GOOGL Elliott Wave Count: Wave {ii} of 3.
GOOGL Technical Indicators: Above all averages.
GOOGL Trading Strategy: Looking for longs after a break of (b).
TradingLounge Analyst: Alessio Barretta
Source: Tradinglounge.com get trial here!
Alphabet Inc., GOOGL: 1-hour Chart 12 January 24
Alphabet Inc., Elliott Wave Technical Analysis
GOOGL Stock Market Analysis: Looking for continuation lower as we need to completed wave (c) of {ii}, only after a break to the upside of wave (b) we can start entering longs.
GOOGL Elliott Wave count: Wave (b) of {ii}
GOOGL Technical Indicators: Above all averages.
GOOGL Trading Strategy: Looking for longs after a break of (b).
