Google appears to have bottomed at a recent support zone that has held numerous time. I know most would identify this pattern as a "bear flag". However, I think keeping an open mind is crucial. Just follow the price.
Currently: good chance Google can bounce up to the top of the zone. From thereon, IF the overall market has steam - this stock can squeeze...
GOOG looking toppy on 1, 3, 4 hour charts as well as daily on various indicators. Looking for correction under $2280- 2300 range in coming days. Purchased July 22nd $$2375 puts will add $2425 if makes it there
$GOOG GOOGLE
This rising wedge could be confused as a bear flag, however, both patterns are similar, bearish and generally followed by downside.
My guess is we fill the gap below the next support before seeing any major reversal on this stock.
Are there any hungry bears out there? GOOGLE this pattern and get ready!
On a fundamentals it is a buy buy buy...
Although I biased bearish for the past year, the markets are clearly oversold and, furthermore, appear to be showing consolidative pattersn.
FAANG index is also showing bullish consolidation.
We have a falling wedge and a strong bullish RSI convergence.
I believe the recent downturn was also an ABC move.
So, in short, although we are down a lot, we have a...
Nice bounce. Mid-bolli, 300 and 50dma big resistance. Above those can run to 200dma, which ultimately determines if 🐻 over
$NQ_F $NDX $SOX $ES_F $SPY $SPX $TLT $TNX $GLD $DXY $VIX #Trading #Stocks 📉
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.
Google is still in a big red channel downtrend sine the ATH at 3042 failing to hold even the median line last week. The lower red channel at 2025 will be tested.
If Google loses the 0.50 Fibo retracement, there will be a totally blank space (green box) until the next Fibo 0.618 at
1786. The decline will be very very quick. This capitulation most likely to happen...
Five-wave impulse, likely to be wave 1
current wave abc correction
Level 2317 is a strong price congestion axis
The price may test it or break it a little to 2300 or below to end the current correction
before going back up
Green zones are potential good area to average in shares.
+ Back over 20day SMA
+ Need to hold blue zone, confluence with 20day
+ Historically good moving average: 150 weeklySMA
- Still not above neutral
- Declining moving averages (resistance on a uptrend)
- 2 gaps remaining
- This yellow box can look like a distribution phase after a long run up, we would now...
Great groundwork in stock indices all week, terrific technical patterns developed to usher strength, and leadership from Tech. Let's take a look at the landscape ahead of Nonfarm Payroll.
A strong day for indices, ES, NQ, YM, RTY, what do we need to tell us momentum is shifting hands? I also cover the individual stocks I am watching most closely heading into the final trading day of the week.
Alphabet Inc. provides various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment offers products and services, including ads, Android, Chrome, hardware, Gmail, Google Drive, Google Maps,...
Buenos dias! I am back from a vacation to Panama (the country, not the Redneck Riviera) where I had a refreshing time and I'm ready to hunt for opportunities and share! Many great stocks have pulled back to their 50% Retracement Levels. If you follow my ideas you know that this is my favorite technique for finding opportunities in any instrument.
I use a...
Google below levels are what can come as buy zones on the stock for the long term portfolio.. Anything sub 2k I really like personally, amazing tech company. 1.7k is gift
Bill is moving forward with even more support to break up Googles racket of digital advertising which accounts for 80% of income. Bill will make them sell their advertising broker division so they cant set their rates. Government says theyve been marking up as high as 42%.
If this bill passes Google gonna have a 60% drop. They still will have a monopoly on the...
$UUP has remained strong since my last posts. It seems like rallies in the SPY are short lived once the Dollar ticks up. A break above 104 wouldn't be a pretty sight for the markets.
