Jan. 17 at 8:32 PM
$GOOGL is putting the 8hr retest to the ultimate test. Will it hold the line? 🧐📉
After falling from the
$340 highs, price is now sitting right at the
$330 psychological pivot.
The tape shows institutional liquidity seeking near these lows, but with a bearish MACD cross and daily sell signals, the bulls need a high-volume reversal Monday to keep the
$380 dream alive.
A slip here brings the
$324–
$319 expected move floor into sharp focus.
Key Levels to Confirm:
🐂 Bulls: Must reclaim and hold
$332.02 (20-day SMA) to confirm the retest was successful and invalidate the current sell-off.
🐻 Bears: A clean close below
$328.67 (prior ATH resistance) signals a failed breakout and opens the trap door to the
$323.87 support zone.
#hovdid
