GOOGL Weekly LOG chart showing long term bearish divergence on RSI, possible Head and shoulders. Additionally, it broke a long term trendline and has yet to re-enter. It is currently re-testing the broken trendline and might be a very very good short!Trade active
Entered small position GOOGL 21 JUN 1000P will scale into this overtime most likely -- Entered today @ 6.20 -- As
GOOGL is testing the shoulder resistance/broken long-term trendline
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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.