Friday, October 30, 2026

GOOG stock | 5 min chart | Oct 30 2026

How to read chart? 

  1. 5 min chart bar count 24, 25, 26, 27
  2. Pivot point - $281.86 / share
  3. Bar count 27 - downtrend momentum bar - height bigger than 23 - It should start a downtrend - Need to cut the loss
  4. Still has 4 bars to go before it goes down big amount - updraftwith supply box on 5 min chart
  5. The low price of bar count 27 is lower than bar count 23
  6. Stop loss - The way to survive Goog stock as an investor - Stop loss and avoid downtrend
  7. Bar count No 27 - went cross EMA 5 red color, EMA 9 (green color), EMA 21 ( yellow color)
  8. Usually Bar count No 27 crossed down EMA 9 - Stop loss right away - Do not waste time since it is the second downtrend bar 
  9. Take some risk, apply the decision based on 5 min chart reading - Will benefit long term 
  10. Usually GOOG stock will not consolidate more than 1.6% in a normal day range. 








No comments:

Post a Comment