GOOGL - High Tight Flag - 2021-02-16

GOOGL Trade Summary

Performance metrics and trade details for GOOGL breakout.

About

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.

Before Breakout Daily

GOOGL - High Tight Flag - 2021-02-16 before breakout daily

Intraday Entry

GOOGL - High Tight Flag - 2021-02-16 intraday entry

After Breakout

GOOGL - High Tight Flag - 2021-02-16 after breakout

Market Correlation Analysis for GOOGL

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