{"id":17403,"date":"2025-01-10T08:00:00","date_gmt":"2025-01-10T13:00:00","guid":{"rendered":"https:\/\/mtatradeoftheday.com\/?p=17403"},"modified":"2025-01-09T12:03:20","modified_gmt":"2025-01-09T17:03:20","slug":"in-this-two-sided-market-environment-individual-stock-setups-become-even-more-crucial-and-googl-is-giving-us-a-textbook-technical-bullish-pattern","status":"publish","type":"post","link":"https:\/\/mtatradeoftheday.com\/in-this-two-sided-market-environment-individual-stock-setups-become-even-more-crucial-and-googl-is-giving-us-a-textbook-technical-bullish-pattern\/","title":{"rendered":"“In this two-sided market environment, individual stock setups become even more crucial – and GOOGL is giving us a textbook technical bullish pattern.\u201d"},"content":{"rendered":"

The market has been mixed to start the year, as we’re seeing more of a two-sided trade, without a clear trend to emerge.<\/p>\n

But that’s exactly when individual stock setups become even more important – and GOOGL is giving us a textbook technical pattern right now.<\/p>\n

What caught my eye?<\/p>\n

The S.A.M. AI Scanner<\/a><\/u> just flagged a perfect combination of factors that often precede explosive moves: a fresh daily squeeze forming with beautifully stacked EMAs, all while the stock is showing strength near its 52-week highs of $201.42.<\/p>\n

The Technical Picture<\/h2>\n

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Squeeze Setup<\/p>\n

The S.A.M. AI Scanner<\/a><\/u> just identified what we call a “squeeze” – a powerful technical pattern where price action becomes extremely compressed, like a spring coiling up before a big move.<\/p>\n

With GOOGL consolidating at $193.95, just 3.8% below its 52-week high of $201.42, this compression is exactly what we want to see.<\/p>\n

Think of it like this:<\/strong> when a stock gets really quiet and starts trading in a tight range near its highs, it’s often because big institutional players are quietly building positions before the next move higher.<\/p>\n

The squeeze forms when two key technical indicators (Bollinger Bands and Keltner Channels) compress together, signaling that a stock is storing up energy for its next move.<\/p>\n

When these squeezes release, especially near previous highs like we’re seeing now, the moves can be explosive – which is why this setup has my full attention.<\/p>\n

This gives us a clear level to trade against, with the potential for a significant move if we break above $201.42.<\/p>\n

EMA Stack Analysis<\/p>\n