GOOGL

GOOGL has had a strong recovery from the September/October reversal to -2 ATR. Trading now in a strong upward trend channel it looks ready to achieve the 3116 level. Key points:

B Score above 50 and trending
3 strong system buy signals in play
Moving average support is strong across all time frames
Alpha Score is above 70

Under my trading system this is a GO LONG scenario and traders would be well served to consider long call debits, call butterflies as well as put credit spreads.