GOOGL relative strength and key concepts.

17 באוג׳ 2023

GOOGL has been showing impressive relative strength on a weak tape.
Still just watching here. #nasdaq being oversold and ready for a dead cat bounce doesn't mean risk is low. We dont want the lower price, we want the best price
More on GOOGL as it's a fascinating example of key concepts like relative strength, high volume up vs low volume down, pocket pivots, VCPs, bounce on support, shakeout of weak hands, early turn, etc. All pointed on chart.