When looking at GOOG current underlying value and most recent price behaviour using a 2-hour range, investors can see inside bar formations. Underlying price movements of AAPL witnessed a loss of its initial gains in this instance, the inside bar formation suggest bareish continuation of momentum since most recent EMA dead cross. Lateralized underlying price...
In this idea I show Google's movement as I see it playing out. I have been moving into different types of charts to challenge myself as I grow my skills. I have to say I think I will like charting stocks as they each are pretty unique and are in their own right a puzzle to solve. I see this movement as Google's struggle to figure out where they belong in an ever...
Short term Elliott Wave view on Alphabet (ticker: GOOGL) suggests the decline from 8.16.2022 peak is unfolding as a 5 waves impulse structure. Down from 8.16.2022 peak, wave ((1)) ended at 105.78 and rally in wave ((2)) ended at 111.62. Stock resumed lower in wave ((3)) towards 95.56 and rally in wave ((4)) ended at 102.93. Internal of wave ((4)) unfolded as an...
Alphabet bearish pattern Inv C and H Target $64.64
Flat completed, now we are due for a bounce back, be it a dead cat bounce. Fib progression shows that there is still plenty of room (and time) for the market to show what it can do for the upside. Volatility flipped not too long ago on the 6 hourly also. Momentum uptrending for background. We are not in the business of getting every prediction right, no one ever...
Great opportunity for long term investing. The formation is bearish too. I think the fed is going to hike by 1%, not 0.75%. Most stocks will sink. 50% fibonacci ratio of logarithmic chart falls slightly below 61.8 ratio of regular chart.
Background GOOGL has been trading in a channel between resistance level 119.68 and support between 105 and 102 since April 27th. On August 8th, GOOGL broke through the resistance level slightly before heading lower the next day, and it appeared that it was on it's way down to touch the support level for a 5th time in 3 months. But a surprise rally on August 10th...
Alphabet Short Term We look to Buy at 106.02 (stop at 102.75) Preferred trade is to buy on dips. Trading within the Channel formation. Previous support located at 106.00. There is ample scope for a move higher from this important support. Our profit targets will be 113.59 and 118.25 Resistance: 119.00 / 125.00 / 142.00 Support: 108.00 / 106.00 /...
Alphabet stock is down about 16% over the past 12 months as investors worry about the macroeconomic problems of its core advertising business. Rising interest rates and a looming recession have also put pressure on the stock. But that short-term factor aside, Alphabet stock looks historically cheap at 21 times projected earnings. For the foreseeable future, the...
The 20-day ranged Bollinger band presents a support or lower bound (red line) equal to $105. This is the price in which the stock closed at yesterday the 26/07/22. Before today the, the stock’s price was equal to the Bollinger’s 20-day ranged support level indicating a bullish correction before further bearish movements in line with the current macroeconomic...
GOOGL is to keep on your portfolio. we are very close to demand level at 105 AVWAP from covid low.
If you had watched Uber's chart in the past two weeks you have probably realized that it goes one day +5% the other day -5%, next day +4% and again -4% ....; Experienced traders know that's a scary signal that indicates company is running out of money and is scrambling to survive with speculation ! This common phenomenon (+5%, -4%, +4%, -5% ...,) happens just...
Alphabet - Short Term - We look to Sell at 2306.60 (stop at 2426.25) The medium term bias remains bearish. The sideways consolidation continued although the market managed to post a significant low at 2037.69. Continued downward momentum from 2393 resulted in the pair posting net daily losses yesterday. Further downside is expected and we prefer to set shorts...
Following weekly chart and got a long confirmation in RSI strategy. TP 2492 SL 2181 - please wait for weekly close.
Alphabet Intraday - We look to Buy at 2214 (stop at 2105) Buying pressure from 2150 resulted in prices rejecting the dip. This is positive for sentiment and the uptrend has potential to return. There is scope for mild selling at the open but losses should be limited. Prices expected to stall near trend line support. Dip buying offers good risk/reward. Our...
The countdown has begun. There are less than ten days to go before Alphabet's 20-to-1 stock split on July 15. Many are undoubtedly contemplating buying up the tech giant's stock before the date. The idea behind such a decision is that Alphabet stock could jump if a lower price attracts an influx of small investors. That could be a winning strategy. But here are...
According to my chart analysis , GOOGL Show strong signal to buy , buy max as you can .
GOOG 20-for-1 stock split is scheduled to occur on July 15. Companies that that did stock splits statistically had outperform the market in the 12 months following the split. I think we will se GOOG trading at $2350 ahead of the split. Looking forward to read your opinion about it.