TECH Buy 23.04.2024 08:28
Alphabet Inc.: wave analysis
Growth is possible.
On the daily chart, the third wave of the higher level (3) develops, within which the wave 5 of (3) forms. Now, the fifth wave of the lower level v of 5 is forming, within which the wave (i) of v has developed, and a local correction has started as the wave (ii) of v. If the assumption is correct, the asset will grow to the area of 170.00–180.00. In this scenario, critical stop loss level is 142.30.
Indicators
Overall recommendation Buy
Overall recommendation Sell
Overall recommendation Buy
Overall recommendation Buy
Overall recommendation Buy
Overall recommendation Buy
Overall recommendation Buy