BTCookieMonster
Short

GOOGL- TOP - HTF Analysis

NASDAQ:GOOGL   Alphabet Inc (Google) Class A
Google beginning to break down out of a rising wedge with diminishing Volume from its high point in 2005...


We see a Diamond Top taking shape going back to late 2017...



Also an M-Top or Double Top ...


The Weekly has been sideways along the 60-Day (blue) and 175-Day (orange) Hull Moving Averages...


Same for the 14-Day Chart...


Support levels to be aware of...


Very interested to see where the next Weekly and current 14-Day candle closes. Right before Friday's close (7/26/19) a push to close at the top of the range was made but fell short of the high...


...creating a massive gap on the Daily which was rejected before closing as a Shooting Star . Most glaring on the chart are the only 2 unfilled gaps on Google's Daily chart @$850 and @$450. A continued breakdown from here and reversal confirmation with breaking down from the Diamond and the gap at @$850 would be my first target.
Been following this and your thoughts on BYND (and BTC of course). Do you think the feds lowering the rate have only prolonged the inevitable or do you still see the downside timeframe you’re thinking to be the same?
+1 Reply
@Pentharian, I think we are at minimum 6 months from seeing the stuff really hitting the fan. The Fed, Wall Street, the Executive Office will fight tooth and nail to squeeze every penny they can out of the markets, and give themselves at least an exit pump they can swallow before letting it all dump first.
+1 Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Get Help Ideas Published Followers Following Private Messages Chat Sign Out