GOOGL’s TA
Shared this in my video:
“Come this week, Google may want to test the recent high of 139. If that breaks, then it’s good news for the bulls, because that’s called a breakout, a break out from its consolidation area.”
We hit 138.94 yesterday. We are just 0.22 away from hitting the recent high ![]()
If Google gets rejected, what are the support levels to watch? Check out my video if you have time.
If Google gets rejected, what are the support levels to watch? Check out my video if you have time.
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Mc168 : It just hit 140 during intraday but it seem there is heavy resistance that slight pull back.
Cow Moo-neyOP Mc168: Yup, 139-140 is resistance area / levels
William66658 : hi really like your vedio, thanks for your sharing! just wanted to know that why you tend to do the technical anaylsis for spy instead of Nasdaq（qqq）as the latter has a higher sector for technology. It seems like spy may perform a bit worse as areas other than tech seem a bit dangerous.
Cow Moo-neyOP William66658: Hey there, thanks for the questions. I use SPY (S&P500) mainly as a gauge of the broader market sentiment, which I think it’s quite important.
). Furthermore, I have covered 3 out of the mag 7 in my videos. If time permits, I would love to cover at least 5 though
For QQQ, as you have mentioned, they are tech heavy, and they get influenced by the magnificent 7 more than S&P500. Therefore, in my view, I only need to watch the mag 7’s movements as they will move quite in line with QQQ (in fact it’s the other way round