$GOOG has bounced up to the 200 MA on the 1hr chart, in an overlapping 5 wave bounce
And has started its pull back today, so I have added in the green fib support levels to show where a higher low can come in next.
I believe $GOOG is still at least in Wave B now so I do expect a higher low to hold.
There has been a death cross on this chart too over the last week on the daily chart, which is very common on a lot of charts right now which would align with this entire bounce being a Wave B bounce too.
$GOOG holding at $150 or above and I believe it is a good entry to catch the rest of at least Wave B up to $175.
#MätTheFät
2025-04-15 19:45:33 +0000 UTC