ATCTA

$GOOGL in trouble. GOOGL breaks parabolic trend line on all TF

NASDAQ:GOOGL   Alphabet Inc (Google) Class A
212 views
8
212 4
GOOGL in trouble. GOOGL breaks parabolic trend line on all time frames. There is a distinct H&S pattern as well very easy to see on the 3D chart here with downside target displayed on the chart. That should be first target. Second target displayed on chart in the circle as gap fill. Time frame hard to say, but I will be eyeing the weekly Puts on any gap up earnings as well as the following week, same goes for AMZN .
Nov 15
Comment: My assumption is if AMZN goes into a Phase 6 over the next two weeks, GOOGL stays strong and develops a right shoulder for the H&S formation starting in Feb 2018, that would lead us to some serious downside targets perhaps early next year.
@ATCTA Hi Jay and thanks for the chart, I'm paying close attention and ready to make a put move here. WHat is the significance of the 892 level? Gap to be filled? Best regards.
Reply
ATCTA The_Real_AMF
@The_Real_AMF, that's correct I assume if the downtrend continues that would be an area I'd look at for a target
Reply
thanks. please continue to post comments and ideas -- this is a fantastic chart representation
Reply
The parabolic curve looks broken.
Fascinating chart representation !

Earnings this week.

THE_UNWIND
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out