Bought GOOGL on February 27

Bought GOOGL at $171 with 10% of portfolio.

j2s2

2/28/20251 min read

Based on the 4H chart, GOOGL is tapping the (logarithmic) upward trend line that it's been in for ~24 months.

It's down approximately -20% (8 ATR's) in less than a month; so it's been a pretty sharp sell-off since hitting the ATH of 209 on February 4th.

My stop is at 152 (former ATH from 2022), which would be a -10% loss on the position, and a -1% loss for my portfolio.

Trade confirmation