Signal Update
Our system’s recommendation today is to BUY. The BULLISH TWO RABBITS* pattern finally received a confirmation because the prices crossed above the confirmation level which was at 105.2900, and our valid average buying price stands now at 105.6600. The previous SELL signal was issued on 04/26/2023, 1 day ago, when the stock price was 103.7100. Since then GOOGL has risen by +1.88%.
Market Outlook
Let’s jump on our white horses and go for a bullish ride. Today’s candlestick has a white body and its close is above the confirmation level. The bullish pattern that was previously identified is finally confirmed and a BUY signal is generated. The trend is also bullish and perhaps it is the right time to participate in bullish fervor. The market is telling you about a new profit. Do not miss this bullish opportunity.
Candlestick Pattern Chart |
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Pattern Description
*This is not a new pattern. It is the last pattern that was confirmed previously which is still valid for reconfirmation.