timwest

GOOG vulnerable on weekly chart

NASDAQ:GOOG   ALPHABET INC
337 4 2
The chart is suggesting either this recent distribution from the $600 level back down to the $500 level is either stage 1 of a bigger decline to break under the last 52-weeks worth of trading OR I will consider this an accumulation level if prices don not begin to decline under the $480 level in the next 5 weeks. There is a good chance also that a weak, uninspiring rally towards the acceleration level around $560 could provide a much lower risk entry level, which of course, would provide a huge ratio of reward/risk since the target would remain at $470 to $430. I'd suggest staying "tuned" to this chart as it appears to be a nice diversification to other stocks.
Subscribe to my indicator package KEY HIDDEN LEVELS $20/mo or a discount for a year and join in the trading room KEY HIDDEN LEVELS here at TradingView.com
If you look to the recent chart there is no decline from September till now.My prognostic for the situation is on my First Chart Be Aware.
Reply
Atlas Marketing Atlas Marketing
 
Reply
went up...
Reply
GOOG is following along the commented price path accordingly. Review the chart and comments again.
Reply
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out