Make it or Break it. Look for ER and the 600 level.

NASDAQ:GOOGL   Alphabet Inc (Google) Class A
131 1 4
Google             has found a strong resistance level at $600, and just like $AAPL             , it has not found its way to continue its ascending trend. The channel is valid, we are still in a long term uptrend move, but that resistance level is giving $GOOGL a hard time.
MACD shows a negative divergence, while the stock is making a multiple top pattern, MACD is showing a lower level and negative histogram values. On the other hand, stochastic has left the Overbought level and it’s heading down. The move it has during this month has made the stochastic not to descend too fast.
The Earning Report is going to define where it is heading, if a continuation to the upside or a break to the downside with the possibility of piercing the channel and ending the uptrend. Watch for the $600 level, in the meantime what we can expect is choppiness between 580 and 600.
I won’t be trading this pattern until after the ER defines the new direction of this stock.
probably break it, but probably not yet
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out