Alphabet (GOOGL) cycle from 1.6.2023 low ended as a 5 waves impulse with wave ((1)) at $107.85. Pullback in wave ((2)) is in progress as a zigzag Elliott Wave structure. Down from wave ((1)), wave (A) ended at 100.87 and wave (B) ended at 108.18. Wave (C) is currently ongoing with subdivision as an impulse structure. Down from wave (B), wave 1 ended at 92.26 and...
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I still expect price to take out the EQUAL HIGHS at 107.88 and also fill the bearish gap. All the liquidity sitting there must be swept right up to 111.50 (order block). Price has now taken out the liquidity at the 94.00 region. -------------------------------------------------------------------------------------------------------------- Patience, price action...
You know all the teck stocks are rebounding hard, and Google was about to rebound as well; but Google's unsatisfactory debut of AI Bard became a good source for panic sell. This kind of stuff is temporary, and the macro trend will override the micro(temporary) trend. Thus, this temporary dump or retrace is actually really a good chance to buy in. If you really...
Microsoft (MSFT) had a great start this week with the announcement of its new AI partnership with OpenAI, as well as some positive signals from its double bottom pattern. However, by the end of the week, MSFT seemed to be losing momentum and experienced a pullback to its support level. The question now is, will it be able to hold or will it falter?
We see Google bullish until 140s after that area of exit. Next entry 50-40 long terms.
This situation is quite silly. The media is blowing it out of proportion and believes OpenAi is the second coming of Jesus. Google has 91% market share of Search, and Bing has about 2% share. Microsoft, part owner of OpenAi, plans to grow their search efforts and compete with Google search. The threat is that Bing may take a couple percent. In reality, people...
Price broke structure at 100.29 to create equal highs at 107.84. Then price gave us a BEARISH GAP to take out ORDERS at 102.09. The BEARISH GAP that was created must be filled before price can drop significantly. I expect price to fill the BEARISH GAP and take out the EQUAL HIGHS at 107.84. The 113 price point is where price will go. From there a major dip will...
GOOG shows a failure to complete a bottom. The stock moved up and above the resistance level that needs to sustain to complete its bottom, but it failed to sustain the gains. This stock was part of the last New Tech Virtual Course I did, since it is developing several new technologies for its own use and to sell to other companies. AI is the big competition...
As you can see, the last chart was pretty accurate: Now I think this year we will see Google losing ground in the advertising industry. The Justice Department filed an antitrust lawsuit Tuesday against Google alleging the company of abusing its dominance over smaller rivals by operating like an illegal monopoly. MSFT Microsoft bought a 49% stake in OpenAI, who...
Directly in the supply zone, earnings and guidance were blah... Cost-cutting not enough for investors at the moment.. Investors unsure of macro-outlook in coming months... Not a buyer here personally..
Looking at the H4 chart, my overall bias for GOOGL is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a pullback buy entry at 101.12, where the 23.6% Fibonacci line is. Stop loss will be at 84.87, where the previous swing low is. Take profit will be at 122.41, where the previous swing high is. Any...
Google is near resistance but could push up a bit to tage and test the breakout trendline. The Fear and Greed index has now been trading in the fear side for 2 weeks. Usually prolonged trading in the Fear range foreshadows a near term downward pressure. What makes this intersting is the Fear index range was just tagged on the monthly & Daily time frame.
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...
Google stock have 2 scenario for daily time frame 1. If goes above $100 and reach $103~$105, after some consolidation reach above levels. 2. If it is not able to cross $102 zone, $95~$93.6 will be the first support zone.
Looking at the H4 chart, my overall bias for GOOGL is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. Looking for a sell entry at 91.61, where the 38.2% Fibonacci line is. Stop loss will be at 99.53, where the minor high and 78.6% Fibonacci line is. Any opinions, news, research, analyses, prices, other information,...
In this update we review the recent price action in Google and identify the next high probability trading opportunities and price objectives to target