Aug. 12 at 2:21 PM
$GOOGL will be one of my top stocks eventually as new data centers near completion and capex investment shrink.
For now the technical indicators are weakening again:
■ RSI fell below 50 and is pointing down
■ MACD just made bearish convergence
■ Price fell below 20, 50, and 100 moving averages
I'm not shorting, but I'll starting accumulating 2x leverage
$GGLL starting near 200 MA of
$330 area to
$315. If it drops, below that, I'll have to reassess it then.
$SPY $QQQ $AIHY