The $VMW worked well this morning, but I’m not here to talk about that ticker. The $GOOGL is setup on all timeframes and is just about ready to bust a load.
Let’s start with the Monthly 10yr chart, which displays a nice bullish flag/pennant pattern:
The daily chart shows all of the moving averages converging underneath price, long time readers know how I feel about this particular pattern. In my years of trading it is the closest thing I have found to the holy grail. The Slow Stochastic is also crossing giving us the buy signal:
And, if we dial it down to the 30 minute timeframe you can see that this time is now to break free from this range:
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