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...
Not financial advice. The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
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...
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...
Dear investors, Year-To-Date Google is losing 31.38% of its value on the stock market. In my analysis of the weekly & daily chart I expect Google to go down, even more, I recommend selling & go Short against it until the end of the year.
after a break with force of a strong support we will see a drop in the price
Since the 102 levels for Google has been tested twice it is not holding up, Google's support levels are around 92. Google's next level of resistance is around 110. My Plan: Sold a 93 Put for October 14th Expiry pocketing $110. I'm fine if I google for 93.
After Awful CPI data and projected 100BPS Raise next week the trend continues to be the same
Alphabet Short Term We look to Sell at 118.12 (stop at 121.10) The medium term bias remains bearish. The sideways consolidation continued although the market managed to post a significant high at 120.00. Trading within a Bearish Channel formation. Further downside is expected and we prefer to set shorts in early trade. Our profit targets will be 104.19...
$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...
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.
Not financial advice. The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
Not financial advice. The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
YouTube has more than 2bn monthly users. YouTube revenues rose 14% to $6.9bn, below the $7.5bn expected by analysts. YouTube revenue disappoints on growing TikTok competition concerns and Ukraine war which impacted YouTube ads. GOOGL 23% increase in revenue in Q1 to $68bn, but below forecasts for $68.1bn. In 2021, revenues increased 34%. Considering the...
Alphabet Short Term - We look to Sell at 2458.30 (stop at 2544.79) Preferred trade is to sell into rallies. Previous support level of 2500.00 broken. Trading volume is increasing. The bias is still for lower levels and we look for any gains to be limited. Trading has been mixed and volatile. We look to set shorts in the early trade. Our profit targets will...
Google stock is likely to keep dropping for now. Going back to 2020 Covid19 zone.
GOOGL wait for the price level 2490 and it is a good entry to May's short
After almost all the Big TEchs have been strongly corrected, there is only one left that has not been corrected. And that is Google! I think a correction will follow in the coming days/weeks. The market situation remains bad and Google could use a correction. In any case, I am preparing for a potential short if there is a retest after the breakout. Let's hope...