Using SAR indicators and also Macd to justify my exit points 

Today $Alphabet(GOOGL)$  

The image shows a chart of Alphabet Inc. (GOOGL) with technical indicators, including the Parabolic SAR (dots above or below the candlesticks), a trendline, and the MACD at the bottom. Let’s break it down:

Understanding the Parabolic SAR

The Parabolic SAR (Stop and Reverse) is a trend-following indicator that helps identify the direction of the price movement and potential reversals. The dots:

• Below the candlesticks: Indicate an uptrend, signaling to stay long.

• Above the candlesticks: Indicate a downtrend, signaling to stay short.

From the chart:

• Most of the dots are below the candlesticks, confirming an upward trend.

• There are a few instances where the dots switch above the candles, suggesting temporary pullbacks or corrections.

Analysis of Current Trend

1. Upward Trendline:

• The trendline clearly shows that GOOGL is in an uptrend. The higher lows confirm bullish sentiment.

• Current price ($199.42) is trading close to the historical high ($202.29), indicating possible resistance ahead.

2. SAR Behavior:

• The upward placement of the dots in November-December indicates the start of the bullish trend.

• As of now, SAR dots are below the candles, signaling the continuation of the uptrend. A switch above would warn of a potential reversal.

MACD Analysis

The MACD (Moving Average Convergence Divergence):

• DIF Line (Blue): At 3.39, above the signal line (DEA), confirming bullish momentum.

• Histogram: Green bars indicate growing bullish strength.

• However, the histogram shows smaller bars, signaling weaker momentum compared to earlier.

Conclusion

1. The SAR confirms a bullish trend for GOOGL, but price is nearing resistance at $202.29.

2. The MACD shows upward momentum but hints at weakening strength.

3. If SAR dots flip above the candles or MACD crosses below the signal line, a trend reversal could occur.

Trading Strategy

• Bullish: If price breaks above $202.29 with strong volume, it may signal further upside.

• Cautious: Watch for SAR dots above candles and declining MACD for a reversal.

• Consider trailing stop-losses near $190 t@TigerTradingNotes o protect gains.

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