GOOGL in a consolidation phase in a strong uptrend
GOOGL broke $1,415 - $1,425 supply range with increasing volume
GOOGL has a 10% ownership stake in SpaceX, in conjunction with Fidelity. SpaceX first launch was successful which gives a positive catalyst for GOOGL stock to reach higher highs.
Long if price broke the $1,445 !!
Entry Price: $1,450
1st Target Price: $1,580
Stop Loss: $1,390
Risk-Reward Ratio: 1:2.17
Holding Period: around 10 to 15 days
GOOGL has a 10% ownership stake in SpaceX, in conjunction with Fidelity. SpaceX first launch was successful which gives a positive catalyst for GOOGL stock to reach higher highs.
Long if price broke the $1,445 !!
Entry Price: $1,450
1st Target Price: $1,580
Stop Loss: $1,390
Risk-Reward Ratio: 1:2.17
Holding Period: around 10 to 15 days
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