GOOGL Bullish Setup
I was not fast enough to buy the gap and go of TNA.
Instead I bought GOOGL
Reason: Potential Double Bottom with a theoretical target at 574
In my opinion on April 28 price has completed the wave (A) of a Zig Zag, if this is the case and the Double Bottom pans out the wave (B) could reach the measured target in the area of the 0.618 retracement provided price does not stall at the 50 dma
I am long with a stop at today's gap up (If closed by eod print)