Strong chance of going downside for completion of corrective pattern.
Hey everyone, Google made it's way to ATH but now the party is over, at least for a short time. As you can see there is a SHS formation and the reaction was bad. But the stock will face a few support zones, as the yellow lines and the green box, as well as the Fibo Retracement, shows. The DEMA and SMA also show a short signal since friday. BUT chances are good...
Based on technical Analysis, the idea is to go long if the tentative trendline will work as trendline. The trend is bullish, stochastic is on oversold and seems ready to move upward.
FIB Retracement at 1510 Price has hit a ceiling
GOOGL wave III completed and we’ve rallied in a complete motive impulse. Is this wave (5) of higher degree wave III. On guard for a possible top.
Today we are looking to see if Alphabet can follow other tech companies like Apple to make new highs. Big tech companies (Apple, Microsoft, Facebook, Alphabet, especially) making new highs is bullish for the market a few reasons, as we covered in a previous post (see our related S&P post in the links below). The good news is some rotation out of other sectors and...
Based on Technical Analysis: Prices are moving inside a channel and the idea is to go long, but wait the end of a potential price retracement before going long NASDAQ:GOOGL
if stop loss is triggered then wait for near 1600 and short from there target however remains the same!!
TSLA Tesla, bullish going up, because his effords and the success of SpaceX missión, a great hope for humanity and spacial carrer. It´s the start of a Bullish trend. Maybe, we will see a correction, and then go up. Is also recommended to get in Alphabet (GOOGL), the firm has participation in SpaceX. Good trades!! See you Later!
Evening Traders, Today’s Technical Analysis – GOOGL – breaking a multi-year weekly resistance with strong volume. Consolidation and a retest of structure will confirm a new range. Points to consider, - Multiple weekly closes - Strong volume - S/R Flip retest (confirmation) - Local high (blue sky breakout GOOGL has closed consecutive weekly candles above...
Welcome to Profitlio Trading! What's up traders! Thanks for Jumping back on my Analysis, Traderchamp is here on your Service, Also hit thumbs up and support the work. The continued trend is expected to show up a possible breakout on the key level sitting above. And will wait for the confirmation and entering in a perfect retest and reversal towards the market...
✨ New charts every day ✨ Like, Comment & Follow to help the community grow 🎉🎉 --- Despite taking a hit on the ad side of the business, Google (GOOG / GOOGL) has had a textbook "V" shaped recovery (Or in this case, an upside down "A" recovery we could say). Can the bulls make the final push back to all time highs? One could argue the new stimulus package will...
Next Resistance at $1420. A strong breakout above $1420 would trigger an upleg to the $1500-$1520 zone.
NASDAQ:GOOG Just Wait the right signal to buy. Market is bullish, but not signal to buy. Short term the prices are bearish.
Google Market long term Analysis shows that the Market is Bullish, let's invest in the trend direction and just wait for the right signal to buy Yesterday's earning report was "positive" with an earning for shear $9.87 (Earning per shear of the previous quarter was $15.35 - so 36% less). The stochastic and Volume can indicate that there might be an immediate...
In my previous analysis, I mentioned that a strong sales wave could come to the markets again, in this context, I expect a structure as I mentioned in the chart.. Ascending broadening wedge pattern is may trying to tell us something.. Never say never.. Markets will be very interesting after 6 months, we will wait and see.. I firmly believe that big crash will...
4H Chart Explanation: - Price bounced on the Weekly Ascending Trendline and broke the Descending Trendline. - Now, it is on a Corrective Structure. - If price breaks it, potential to move up towards the Fibo Zones. Weekly Vision: Daily Vision: