GOOGL forming a Head & Shoulders pattern?
GOOGL has become increasingly volatile in the past few months with aggressive sell-offs with large volume becoming more frequent. The 1009 level seems to be the neckline of the forming Head & Shoulders pattern. The recent stock rally with significantly decreasing volume doesn't add to the optimism factor.
What do you think?
What do you think?
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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.