Short Thesis - GOOGL Ascending Wedge
GOOGL is one of the only Mag 7 stocks that doesn't have any major resistance ahead, it broke out above its ascending wedge and hasn't looked back. It's important to not let bias cloud your analysis. This is clearly very bullish. The entire mag 7 is clearly bullish as well, but there are at least bearish patterns and rejections at key areas.
Short Thesis:
advancedplays.com/short-thesis.pdf
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes.
For transparency, current positions:
Short: LULU SPY TSLA
Long: GME
advancedplays.com/short-thesis.pdf
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes.
For transparency, current positions:
Short: LULU SPY TSLA
Long: GME
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