It seems that the upper resistance line is holding strong, Google bounced away from it for a fifth time now. With the bad Brexit news pouring in, I foresee that Google has more room to fall. My target would be the lower support line, but please do your own DD.
Laggards of the Month Awards for Big Tech in the post-Biden-win period goes to: Amazon AMZN, Facebook FB and Microsoft MSFT. Netflix NFLX, Apple AAPL and Alphabet GOOG doing ok. No need to talk about the price of Tesla TSLA stock.
I believe we will have a short-term bearish move till the trend line because of the MACD divergence. My entry is after breakout of the purpled area which is FIB PROJECTION 0.618
Just a fractal play but tell me don't those two sequences have a lot in common? First an aggressive Bull Phase 1 and then a more sustainable Bull Phase 2, supported by the 1D MA50 (blue trend-line). Can GOOG repeat this pattern? Please like, subscribe and share your ideas and charts with the community!...
Rumblings about the US supreme court Anti trust case against Google, could be a psychological turning point soon. History going back over 120 years, (see chart) shows where the US Supreme court has sued Big corporations for antitrust monopolies. When the US government begins attacking some of the most profitable and innovative companies, we have found that the...
Hope this idea will inspire some of you ! Don't forget to hit the like/follow button if you feel like this post deserves it ;) That's the best way to support me and help pushing this content to other users. Kindly, Phil
Hello friends , I have analyzed how I see the future of google, in the current situation of the virus outbreak. In the event that this situation continues, all technology companies will have the same result. At a minimum, it will have a fall of the same length as the previous one, although it could be worse. I indicate my 3 points, where I would buy the...
SAP was until recently the largest tech company in Europe, Now replaced by PROSUS but after a disappointing Q3 earnings it fell 20%+. Total revenue fell 4% to €6.54 billion, cloud and software revenue fell 2% and operating profit fell 12%. However, Pure-cloud services grew 11%, to €1.98 billion. SAP’s revenue was around €300 million under expectations, though...
NASDAQ:GOOGL The Idea is still to Hold before going long - The resistance level has not been properly broken. Alphabet (GOOGL) – Alphabet earned $16.40 per share for its latest quarter, compared to the $11.29 a share consensus estimate. Revenue exceeded analysts’ forecasts as well. The Google parent saw a return to growth in digital advertising, while YouTube...
Doesn't require a high IQ level to understand it ,or .. ?
Hello everyone This is my Google idea for Daily time frame watch key notes for more detail on chart for any question feel free to ask :) good luck
I'm not explaining any thing ,doesn't require a high IQ .
Big move on NFLX today, looks like it wants more as it was the first of the BIG tech to break out of last weeks range. If it can get over 537 it can run to 550+. Earnings coming up on Oct 20th.