Price Action &Volume are essential components of technical analysis in trading, and combining them can create a powerful strategy. Remember, success is guaranteed only when combined with crucial risk management.
Alphabet Inc (GOOG) gave us a great +20% pre-earnings bullish signal last time we looked at it (July 25) that hit the $140.00 target before pulling back (see chart below): Right now the price is above the 1D MA50 (blue trend-line), within two Channel Up patterns, with the latter being the (diverging) dotted one. With the 1D RSI hitting its Lower Highs...
Thinking about the big picture I always stress how important it is for long-term investors not to get caught up in any single quarter's performance. If you plan to own a stock for five or 10 years, what happens in any three-month period is hardly important in the grand scheme of things. This same approach should be applied to Alphabet. Yes, the market reacted...
We did not trade this directly because: - We were short on both the Nasdaq and the SPX500. - Both the assets above had a better RR. - Both have made us higher percentages than Google would've so far. However, we deem it important to post google as it is exactly the type of trade set up that we preach about and showcases traditional Technical Analysis in its best...
Google is having a rough day following the revenue miss and has found itself at the bottom of the 5 month Channel Up. This is a buy opportunity, as long as (1d) candles close inside the pattern. Trading Plan: 1. Buy if the (1d) candle closes inside the Channel Up. 2. Sell if it closes under it. Targets: 1. 146.00 (+15.50% rise, like the first bullish leg of the...
Cambridge University and Google have forged a renewed, multi-year partnership aimed at funding and conducting groundbreaking research in the realm of artificial intelligence. Their focus will be directed towards pressing concerns such as climate, healthcare, security, and the ethical deployment of emerging technologies. Michele Donelan, the Secretary of State...
Alphabet Inc: A Deep Dive into the Pros and Cons of Investing in the Tech Giant Alphabet Inc., the tech behemoth that's likely woven into your daily life through its various products and services, has quietly become a ubiquitous presence. While Alphabet has consistently delivered solid returns to investors, it's currently trading 8% below its all-time high. This...
My name is Philip, I am a German swing-trader with 4+ years of trading experience and I only trade stocks , crypto , options and indices 🖥️ I only focus on the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise. This is how you build real long term...
In the ongoing trial that commenced on Tuesday, the Justice Department is presenting its case, contending that the Alphabet unit (NASDAQ:GOOGL) actively pursued agreements with mobile carriers to secure prominent default placements on smartphones, thereby establishing a dominant position in the realm of online search. This antitrust trial, touted as one of the...
Investor Enthusiasm Ignites as Alphabet's Stellar Performance Steals the Spotlight Alphabet, the technological powerhouse, has ignited a blaze of excitement among investors with its latest financial report, revealing a striking showcase of accomplishments. With an impressive revenue tally of $74.6 billion and a robust $1.44 in diluted earnings per share,...
New 52-week highs this week, powered by the Dow which, on Friday, extended its streak of positive days to ten — something the blue chip index has not done in almost six years. Trend setup Weekly bullish 52w high hit Daily Bullish 4H Bllish I have explained 2 scenarios to enter the bullish trend also on lower tf compatble A break below88 is bearish, and the...
Hi, A little guide for you about Tesla, Apple, and Alphabet. Pointed out some key areas from where to take out some profits or if you are interested in some sort of stocks then a couple of scarious from where you can jump in. Not an idea post, more like an analysis but still, it should give you a little picture about them. Tesla (TSLA) Recently the Tesla stock...
On the daily chart, Alphabet, Google positive technical indicators RSI and MACD , for higher targets 138, up to 152 Meantime, note the previous resistance at the level 152.
Hello Fellow Stock Traders, Here's a Technical Analysis of GOOGL! Alphabet Inc. (GOOGL) has exhibited a notable price development by surpassing its Exponential Moving Average 50 (EMA50) and subsequently rebounding off the dynamic support level. This particular price action suggests a bullish trend in the stock. Moreover, there has been an identifiable...
American company Alphabet Inc. two days before has published a quartrely statement and announced an increase in net profit and revenue in the second quarter ended in June. In addition, the company said its chief financial officer, Ruth Porat, will take over as president and chief investment officer of Alphabet and Google from September 1, 2023. At the same time,...
Bought NASDAQ:GOOG at 106 $ and my targets are as shown on the chart The reason for me is because the price has already breakout the price channel and retest it Please let me Know what do you think
It has been very long since we last looked into Google (GOOG) but last time we did (November 07 2022) we gave a massive buy signal (see chart below) at the market's absolute bottom: The stock price rose +49% since then, giving us one of the most successful low risk trades of the year. With the company reporting its Earnings today though, we shift back to the...