GOOG Swing Options Trade Plan 2025-06-23
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GOOG Swing Analysis Summary (2025-06-23)
Comprehensive Analysis and Recommendations for GOOG Swing Trading Options
1. Technical Analysis Synthesis
Current Price: $164.96
Moving Averages Positioning:
15-Minute Chart: Price is below 10-, 50-, and 200-period EMAs, indicating a bearish short-term trend. Daily Chart: Price is below the 10-period EMA ($172.42) but just above the 50-period EMA ($166.29). Weekly Chart: Price is also below both the 10-period EMA ($168.20) and 50-period EMA ($168.71), supporting overall bearish sentiment. RSI Analysis:
15-Minute Chart: 38.44, indicating potential near-term bounce but not oversold. Daily Chart: 34.49, suggesting potential for a bullish reversal if sustained at this level. Bollinger Bands: Price is near the lower band on both 15-minute and daily charts, signaling possible reversal conditions.
MACD Signals: Short-term indicators suggest a potential for bullish divergence on the 15-minute chart, while longer-term charts show continued bearishness.
Support/Resistance Levels:
Support Levels: $163.33, $164.06. Resistance Levels: $168.14 (50 EMA), critical to watch in confirmation of price movement.
Summary:
The overall technical analysis indicates a bearish bias, but the oversold conditions and MACD signals could point towards a potential bounce if certain levels hold. Price positioning near the max pain level at $162.50 intensifies the analysis.