Alphabet A (GOOGL) , here is a concise trade plan:



$GOOGL

Trade Plan: Alphabet A (GOOGL)

Current Price: ~$377.71
**Daily Change:** +5.49%
**Context:** Pre-market – low liquidity, trading above yesterday's close ($371.74) and near today's high ($379.37).

Key Levels

· Resistance: $379.37 (today's high), $377.57 (Bollinger upper)
· Support: $377.64 (AVL – immediate), $372.24 (SuperTrend), $369.68 (strong support)

Indicators

· Bollinger Bands: Price at upper band (377.57) → overextended; pullback likely.
· SuperTrend(10,3): 372.24 → bullish bias if price holds above.
· MACD: 0.20 (bullish, DIF > DEA) → positive momentum.
· Volume: 6.38K (pre-market thin) → signals less reliable.

Scenarios

· Bullish (Less Likely): Break above $379.37 with volume → target $380–$382. Stop below $377.00.
· Bearish (Preferred): Rejection at $379.37 or break below $377.64 → target $372.24–$369.68. Stop above $379.37.

Entry/Exit

· Entry (Short): If price fails to break $379.37 twice, enter near $377–$379.
· Entry (Long): Only on pullback to $372.24–$374.00 with reversal confirmation.
· Stop-Loss: Tight – $0.50–$1.00 above/below entry due to pre-market volatility.
· Take Profit: Scale out at $372.24 (short) or $380.00 (long).

Risk Management

· Position Size: Smaller than usual – pre-market liquidity is low.
· R:R Ratio: Aim for at least 1:2 (e.g., risk $1.50 to gain $3.00).
· Monitor: Price is extended (+5.49%) and near upper Bollinger – high probability of mean reversion. Wait for regular session volume for confirmation.
#SummerCreationCamp

Caution: Pre-market conditions = higher risk. Avoid chasing longs at current levels. Watch for rejection at $379.37 or break below $377.64 for short entry.
GOOGL0.42%
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