GOOGL has been showing impressive relative strength on a weak tape. Still just watching here. #nasdaq being oversold and ready for a dead cat bounce doesn't mean risk is low. We dont want the lower price, we want the best price
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GOOGL as it's a fascinating example of key concepts like relative strength, high volume up vs low volume down, pocket pivots, VCPs, bounce on support, shakeout of weak hands, early turn, etc. All pointed on chart.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.