GOOGL pulled back into the 21 EMA on the daily and is showing a bounce.
    We saw a similar reaction yesterday from the 306 demand zone, which held well.

    For today, the key area to watch is the 309.60–311.42 supply zone.
    A clean break and hold above this range could open the door for a solid swing setup, potentially lasting a few weeks.

    The only caveat is the holiday schedule, with markets closed on Christmas Day and reduced options liquidity around that period.
    If price gives a strong move before then and offers a clean 100% on the contracts, taking profits makes sense rather than forcing a hold through the holiday.

    GOOGL – 21 EMA Daily bounce with 309.60–311.42 supply in focus
    byu/ALPHAtradingpro inoptions



    Posted by ALPHAtradingpro

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