Performance metrics and trade details for GOOGL breakout.
Google surged 25% in recent weeks and gapped up after strong earnings in early February. It then moved sideways, forming a bull pennant. The breakout quickly faded the same day, leading to a small loss if entered. The stock continued sideways for three days before diving and holding around 100.
The market was choppy around the same time, which may have contributed to this failed breakout.