GOOG Intraday Options Watchlist (15-Minute Chart)

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GOOG Intraday Options Watchlist (15-Minute Chart)Alphabet Inc. Class CBATS:GOOGheavydiligenceI actually drew this ascending channel and the key support/resistance levels last night, but never got around to finishing the analysis. Looking at it again this morning, it broke out of the channel and is at the first support in the PM. At the moment, I'm leaning toward the red path. When you zoom out a bit, the recent price action looks more like accumulation following the channel break than an immediate reversal. If that's the case, GOOG could spend a little more time working through the lower support levels before finding its footing. That said, don't dismiss the blue path. If buyers reclaim the channel and hold above nearby resistance, things go south for the bears.. or I guess north (for my bear friends... remember, "south" is actually the direction you're cheering for. 😉) There is reason that both scenarios eventually point higher. My view is that much of the recent volatility feels more like the same song and dance. Iran tensions have been a part of the market and will continue to cause wild swings. Overall I don't think the sky is falling... yet Of course, neither path is intended to be a candle-for-candle prediction. Markets have a way of humbling even the best analysts, and price often chooses a third option that nobody drew on the chart. These scenarios simply map out the areas where I'd expect buyers or sellers to become more active and where the risk-to-reward begins to shift. That's why I continue to focus on day trading with the Heavy Diligence Options Signals Indicator. Instead of trying to predict every move, I'd rather react to confirmed opportunities as they develop. Knowing the possible scenarios ahead of time makes it much easier to execute the plan when a quality signal appears. Disclaimer: This is only a trade idea based on the current technical structure and is not financial advice. Always do your own research, wait for confirmation, and manage your risk before entering any trade