{"id":29945,"date":"2018-06-19T14:04:05","date_gmt":"2018-06-19T19:04:05","guid":{"rendered":"http:\/\/www.t3live.com\/blog\/?p=29945"},"modified":"2018-07-09T12:29:16","modified_gmt":"2018-07-09T17:29:16","slug":"scott-redler-googl-breakdown","status":"publish","type":"post","link":"https:\/\/blog.t3live.com\/2018\/06\/19\/scott-redler-googl-breakdown\/","title":{"rendered":"Scott Redler: Breaking Down the Google Breakout"},"content":{"rendered":"

GOOGL's done pretty well in the past few days with a quick trip from $1160ish up to the $1183 area.<\/p>\n

Let's break down the levels along the way,<\/p>\n

In my Morning Note on Thursday, June 14, I said:<\/p>\n

“GOOGL <\/strong>had a decent move from last Friday\u2019s low of $1125 back to a high of $1155.64 before retracing lower. I\u2019d like to see it hold $1138ish. If it does, it could make another attempt to take out $1160 in the sessions ahead.”<\/p>\n

As you can see in the chart I made that day, it then put in a high at $1161:<\/p>\n

\"\"<\/span><\/p>\n

Then I wanted to see if $1150ish would hold. GOOGL Invested in JD, and I wanted to see if that could help GOOGL get and stay above the $1165 trendline:<\/p>\n

\"\"<\/span><\/p>\n

Then, GOOGL broke above $1170 — a nice little move. <\/p>\n

\"\"<\/span><\/p>\n

It actually closed at $1183.58 on Monday.<\/p>\n

As of Tuesday morning, I'm still  long and I want to see the $1160 area hold.<\/p>\n

That would make it easier to stay in and possibly add if the market doesn't fall apart.<\/p>\n","protected":false},"excerpt":{"rendered":"

GOOGL’s done pretty well in the past few days with a quick trip from $1160ish up to the $1183 area. Let’s break down the levels along the way, In my Morning Note on Thursday, June 14, I said: “GOOGL had a decent move from last Friday\u2019s low of $1125 back to a high of $1155.64 before retracing lower. I\u2019d like to see it hold $1138ish. If it does, it could make another attempt to take out $1160 in the sessions ahead.” As you can see in the chart I made that day, it then put in a high at $1161: Then I wanted to see if $1150ish would hold. GOOGL Invested in JD, and I wanted to see if that could help GOOGL get and stay above the $1165 trendline: Then, GOOGL broke above $1170 — a nice little move.  It actually closed at $1183.58 on Monday. As of Tuesday morning, I’m still  long and I want to see the $1160 area hold. That would make it easier to stay in and possibly add if the market doesn’t fall apart.<\/p>\n","protected":false},"author":4,"featured_media":21349,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[671,76],"tags":[],"class_list":["post-29945","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-no-ads","category-scott-redler"],"_links":{"self":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/29945","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/comments?post=29945"}],"version-history":[{"count":6,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/29945\/revisions"}],"predecessor-version":[{"id":31154,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/29945\/revisions\/31154"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/media\/21349"}],"wp:attachment":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/media?parent=29945"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/categories?post=29945"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/tags?post=29945"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}