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GOOGL can be bought on a Breakout on Volume
GOOG issues earnings next week. The stock could move up in anticipation.
The pyramid data looks good.
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Interesting to see that only Breakouts on Volume will work well 5BOV) simple breakouts (BO) do not work so well.
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Any breakout price could basically work...But
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When we look at how the trade would evolve after X days, we can see that after a few days, the expected earnings start to fall. This indicates a strong push higher (Breakout) followed by a pull-back or a sideways activity.
The, the long-term uptrend kicks in after 17 days and we steadily move higher.
Of course, this all depends on how the general market will hold.
Anyway, a short-term trade is possible here.
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