GOOGL: A Resilient Bounce Sets Up the Next Wave

GOOGL DAILY TECHNICAL ANALYSIS 📊

OVERALL TREND
📈 UPTREND — Price has rebounded off the April low with increasing bullish pressure, now holding above key short-term moving averages. A potential trend reversal is underway if momentum sustains above 155.

📉RESISTANCE ZONE

• 🔴 207.05 — PIVOT HIGH | SELL STOPLOSS
  
• 🔴 203.76 — SELL ORDER II
  
• 🔴 197.10 — SELL ORDER I
  

🎯ENTRIES & TARGETS

• 🟢 193.74 — EXIT BUY & TP 4
  
• 🟢 181.64 — BUY ORDER & TP 3
  
• 🟢 173.79 — BUY ORDER & TP 2
  
• 🟢 140.53 — BUY ORDER & TP 1
  

📈SUPPORT ZONES

• 🟢 150.92 — BUY ORDER 1
  
• 🟢 143.85 — BUY ORDER 2
  
• 🟢 207.05 — BUY STOPLOSS | PIVOT LOW
  

📈MOVING AVERAGE SUMMARY

• ✅ Short-Term MAs (10–50) — Bullish crossover confirmed, supporting upside
  
• ⚠️ Mid-Term MAs (100) — Still bearish, price must sustain above 156.70
  
• 🔴 Long-Term MAs (200) — Bearish, still weighing on broader structure
  

✍️STRUCTURAL NOTES

• Price recently flipped bullish across 10–50 SMA/EMA clusters
  
• Volume confirming strength, but needs follow-through above 162.48
  
• Stochastic RSI (95.93) is overheated — expect short-term pullback or consolidation
  
• MACD, Momentum, and AO all signal increasing buy-side control
  
• Ichimoku Base Line (153.25) being tested — reclaiming it is bullish confirmation
  

TRADE OUTLOOK 🔎

• 📈 Bullish bias holds above 150.92 and especially above 155.63
  
• 🎯 Upside targets: 162.48 → 173.79 → 181.64
  
• 📉 Short-term rejection possible near TP1 — RSI and StochRSI nearing exhaustion
  
• 👀 Watch for a decisive break above 162.48 with volume for continuation
  

🧪STRATEGY RECOMMENDATION

CONSERVATIVE (Trend-Following):
— Buy Entry: 155.63
— TP Levels: 162.48 / 173.79 / 181.64
— SL: Below 150.92

HIGH-RISK SCALP (Momentum Pullback):
— Buy Dip: 150.92 or 143.85
— TP: 155.63 / 162.48
— SL: Below 140.35

“Discipline | Consistency | PAY-tience”