Price channel in $GOOG downtrend

٢١ يناير ٢٠٢٣

GOOGL has been trading within a price channel in its current downtrend. With trends, we don't fight them. When the structure is broken, we will reanalyze the stock to see if new characteristics has been made. Until then, we will see if the top of the channel provides further resistance. If so, puts would be in order.