2 possible scenarios: 1) Price continues to charge forward post big "falling wedge" pattern breakout up, targeting 15,300 as breakout target (equal distance of wedge width measured from breakout) with 12,800 "rising wedge" resistance broken this scenario will be confirmed. 13,600 is in the way and could be correction back down 12,200-300 once reached, or can...
Google (GOOG) Trade Updates I entered November (see previous post) near the bottom with a price of 85.87, a profit of 13% so far, but the road is still long. The volume knot near POC held up well, but the upper areas are very well covered. Here too, as for AMZN, my target is the historical highs, even if for the medium term, the target is $115-120. To keep an...
Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single...
Each earnings season, we become accustomed to certain patterns. One pattern involves the biggest tech companies reporting earnings before many other smaller and medium sized firms. In what we know is a very difficult economic backdrop, it’s important to look for signals that some of the world’s largest companies are giving us. Additionally, since Microsoft Azure,...
Hello guys, I am sharing with you my analysis of Google. I think the stock looks pretty cheap at the moment and it is forming a beautiful Double Bottom. This is further supported by a MACD Bullish cross and upward trending RSI, which is above the 50 line. Overall I think it has an appealing risk-to-reward opportunity. What do you think?
The tech stocks witnessed deep corrections of over 30% on Nasdaq. Nasdaq was one of the most underperforming indices in US and the bearish momentum prolongs on the first day of 2023. The Bullish Harmonic pattern on $Goog confirmed the reversal but today's dip seems an opportunity to go long. The pattern negates on breach of $80.
- double top - death cross between MA50 and MA100 - MACD bearish divergence
If you haven`t sold GOOG at the top, when Ark Invest did: Then you should know that a technical rebound refers to a recovery from a prior period of losses when technical signals indicate that the move was oversold. In this case, the Relative Strength Index momentum indicator of GOOG is at 22.42. Even though i am overall bearish on the economy, buying a strong...
Alphabet Inc (Google) peaked in November 2021... With one last hurray in January 2022 that wicked higher. The All Time High came in January this year but only by a wick as the weekly candle closed much lower. We have a year long downtrend already. Time does fly by when one is not paying attention. We opened this chart out of curiosity. Since the Nasdaq100...
Google is playing out an inverted cup and handle with a conservative price target of $73-76. The price target should be lower, around $71.50, but I shaved a little off because there is some old support from the Jul-Oct 2020 period that should buoy the price, at least for a bit. The daily EMA ribbon flipped bearish in April and since then a precipitous 38%...
FAANG Performance Jan 01, 2022 - Nov, 08 2022 Apple -23.36% Alphabet -39.02% Amazon -47.20% Netflix -55.90% Meta -71.50%
Alphabet Inc. (GOOG) broke two weeks ago below its 1W MA200 (orange trend-line) for the first time since the March 2020 COVID crash. The next Support level is the 1W MA300 (red trend-line). Since its IPO, the stock has had very symmetric Cycles which with the help of the Sine Waves can show tops and bottoms for consistent sells and buys. On this pattern, the...
Alphabet - 30d expiry - We look to Buy a break of 103.66 (stop at 99.49) Price action looks to be forming a bottom. Bullish divergence can be seen on the weekly chart (the chart makes a lower low while the oscillator makes a higher low), often a signal of exhausted bearish momentum, or at least a correction higher. The RSI is trending higher. 103.47 has been...
Technical & Trade View Alphabet Inc (Google) Class A Bias: Bullish Above Bearish below 92.54 Technicals Intraday 86.85 is primary resistance Primary pattern objective is 74.00 Acceptance below 83.00 next pattern confirmation Acceptance above 92.54 opens a test of 98.65 20 Day VWAP bearish , 5 Day VWAP bearish
At this juncture we can see a clear completed 5 waves structure for Google on the daily timeframe confirmed by a bullish divergence with the RSI. It would be nice to see the prices fall between the $89-$91 area where we can find a cluster of fibonacci's ratios. If prices manage to bounce back from this target or even slighter before, prices should at minimum...
Holle Traders and Investors, You can see Q3 resuluts of Big tech companies reported during recent days. Despite Alphabet reported growth (small but important) market is pricing it as slow / negative. CEO pointed out possible declines in revenue with potential crisis. Could the following months be critical for further decline ? In my oppinion, Technical...
Yesterday, Alphabet sent shockwaves through the stock market after the close when it published its earnings report for the third quarter. The revenue was up 6% from the year earlier, and earnings per share stood at 1.06 USD, missing analysts' estimates. This earnings report is yet another line to confirm our thesis about the market progressing into the second...
Alphabet (Google) misses on earnings as YouTube shrinks; company will cut headcount growth by half in Q4 Alphabet shares dropped more than 7% in extended trading on Tuesday after the company reported weaker-than-expected earnings and revenue for the third quarter and said it would significantly decrease headcount growth. Earnings per share (EPS): $1.06 vs....