image of GOOGL stock chart with breakout signal

GOOGL Stock Potential Long Breakout with our B.I.T.S Indicator

GOOGL Stock  Potential Long Breakout with our B.I.T.S Indicator by tradethefifthcom on TradingView.com

Our B.I.T.S (Breakout Intelligent Breakout Signals) Indicator for TradingView has a signal Long on the GOOGL Stock. The recent two long B.I.T.S breakout signals have achieved at least target 3 for our strategy as can be seen on the chart. We are now looking to enter a 3rd swingtrading opportunity for the GOOGL stock.

Long Entry at $1363.60, above the highs of yesterday and slightly higher that our signal entry price as we are a little late to the game. With Stop loss at 1362.77 and the 4 target zones printed on the chart by our B.I.T.S indicator.

Look to Swing this long trade over into next week, depending on momentum. Be careful of low volume Christmas trading..

Learn more about our B.I.T.S indicator Suite for the TradingView Platform >>HERE<<

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Paul
Paul Bratby is the CEO and founder of Trade The Fifth, an Elliott Wave program designed to educate traders and investors on the financial markets so they can take responsibility for their own portfolios and trading accounts by learning how to ride the profitable Fifth Wave setup. Paul started in the business over 14 years ago, and combined his career as an Engineer along with his Military Mindset to develop a repeatable trading and investing strategy that he has used to manage 8-figure accounts.

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