Trade Review: Why I Ejected GOOGL Before the Slide

GOOGL Friday looked promising: Alphabet (GOOGL) briefly punched above a six-month down-trend line on 1.5× average volume. But by Monday’s open the tape screamed “supply.” Here’s the quick anatomy of the cut—and why capital rotation beats hope every time.

What I Wanted

A clean break through 178 → trend-line flip into support → momentum push toward the 200-210 supply shelf.

What I Got

• Effort ≠ result: 63 M shares traded yet price closed near the session low.

• RS line refused to make new highs; mega-cap peers out-performed.

• The “line-in-sand” (21-EMA / 172.50) was threatened at Monday’s open.

Decision Rule

“Breakouts must work right away—if they don’t, sell quick.” – Mark Minervini

I pulled the ripcord at 176.18, a hair below my entry, preserving both cash and mental capital.

Result

-1.2 % paper cut, +$11K buying power released for higher-grade setups (BSX, SMCI).

Key Lesson

Great trades start with statistics, not stories. When the odds flip against you—even with an 8 : 1 theoretical R:R—the right move is to recycle ammo into the next A-setup.