GOOGL Earnings Miss | YouTube revenue disappointsYouTube 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 above, future growth is not so sure.
I expect a retracement to the $2100 level.
Googletrading
Google Ready to Bounce?Alphabet
Short Term - We look to Buy at 2524.87 (stop at 2472.74)
We look to buy dips. Previous support located at 2500.00. The medium term bias remains bullish. Although this gives the medium term bias a mild bearish edge, we expect intraday trading to continue to be mixed and volatile. Trading close to the psychological 2500.00 level.
Our profit targets will be 2677.46 and 2826.06
Resistance: 2700.00 / 2850.00 / 3000.00
Support: 2500.00 / 2400.00 / 2220.00
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GOOGLE -- It keeps getting stuckAs can be seen in the chart, there is a great squeeze in both prices and RSI. This is a bit scary of course ...
This tightness can continue up to the level of 2200$ or even 2400 $, but then we think it is very likely that we will see a big selling pressure for both the relaxation of the indicators and the completion of the technical formation formed by the prices.
We are not at the beginning of April anymore. It has been almost a year and the Nasdaq have an unstoppable rising. We wonder where will he stand ???
It contains only personal views and opinions. Does not contain legal investment advice ...
GOOGL technicaly based forecast
📌Short intro:
I am full time trader - analyst * High accuracy of ideas * Technicaly and Fudnamentaly side in analysis * Comment if have any questions or want to send support * Price action - FIBO - Candl pattern * FX - STOCK - CRYPTO * Simple ideas
💡 GOOGL technicaly indicators showing we can expect higher bulish market recoveryng phase, FIBO 0.382 which is in some cases strong supp is breaked, good bulish candels foramtion, expecting to see push in price till FIBO 0.6 on same place i and supp trend line .
📌Have on mind, trading involves risk, check idea on your own tactic, if have questions pls comment!
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All best, good luck!
GOOGL To lead AI revolutionPreceding the recent Adam & Adam double bottom formation, consistent bounces off the 200MA can be seen. This double bottom formation will lead to bullish continuation. GOOGL aims to lead the industry in AI development, with the purchase of AI deep mind and acquisition of various other AI start-ups. Great long potential.
#GOOGLE,GOOG (Alphabet Inc.) Analysis+SignalAs we can see in the graph, we have returned to the buying trend for several days already! We recommend entering a Buy position for several reasons with a very specific target:
1. The price crossed the moving average 200 (Buy Signal) In the daily graph
2. The price crossed the Kijun Sen In the weekly graph
3. The price will seek to reach a psychological goal to test the power of buyers found in 1180 see the graph above
Buy Google
Entry Price:1123
Take Profit: 1180