GOOGL broke extreme resistance zone, what next❔now we do have some local resistance at 123.08, failure to break is bad news for longs. but if it does break a rally to 126-137-148 is very possible! watching closely the next few weeks.Longby Vibranium_Capital4426
GOOGLGood r/r for a short here if you think this is still just a bear market rally imo. ~$123 stop to get back to the bottom of the channel. ~$1.50 risk for ~$11.50 reward if it makes it all the way back down there (which will probably break below if it does if I had to guess).Shortby Essendy0
GOOGL bottomed: heading to 139 by end of Q3Google stock has bottomed out and is likely to move toward key level around 139 by end of Q3Longby Quantific-Solutions1
Google Targeting A Test Of The Yearly Pivot From BelowIn this update we review the recent pricer action in Google and identify the next high probability trading opportunity and price objectives to target00:45by Tickmill4
GOOGThe gentleman from Tellson's had nothing left for it but to empty his glass with an air of stolid desperation, settle his odd little flaxen wig at the ears, and follow the waiter to Miss Manette's apartment. It was a large, dark room, furnished in a funereal manner with black horsehair, and loaded with heavy dark tables. These had been oiled and oiled, until the two tall candles on the table in the middle of the room were gloomily reflected on every leaf; as if they were buried, in deep graves of black mahogany, and no light to speak of could be expected from them until they were dug out.by cindyphann0
GOOG bear flag to 96GOOG D1 looking bearish post-split ahead of earnings tonight. 1. Downwards breakout from bear flag 2. Susceptible to advertising industry pressuresShortby Charts_N_CandlesUpdated 0
GOOG - Final Corrective Wave Down AheadI believe GOOG is in the terminal corrective wave in a pattern that has spanned close to 12 weeks. It's oscillated around the median line and I believe this ultimately resolves to the down side and will tag the lower channel line. The breakout/breakdown from this corrective pattern will result in a significant move. There's a lot of volume/energy represented there. Weekly LOG Chart: Shortby oliverrathbunUpdated 6
Google - positional long trade ideaYou can not explore this world without Google. Chart pattern indicates price is coming out from a 5 month long accumulation range. RSI divergence is clearly visible. Wait for a weekly close above 120, you can take position on today’s candle close as well if you want to take an aggressive short term trade. Soon stock price will outperform nasdaq and then a sharp up move will come in stock price. Chart pattern looks promising for 129 and 140 targets in short term. Investors can aim for a new life time high. Traders can exit this position below 105 weekly close. All the best.Longby sachinnagpal19821
GOOGL | Short | 10 Aug 2022I guess the ads business could slow down and I am bearish on GOOGL. With a new corporate minimum tax I think companies of these business will be dropShortby orkhanrustamov112
GOOG AnalysisPrice played out well as analyzed last week. Price took out the liquidity at 120.37. We have decreasing volume on this up move, even with the liquidity grab. I'm expecting price to go lower from here. Most probable target for this down move is to fill the fair value gap at 108.42.Shortby Keeleytwj1
GOOGon a daily chart our can see we are starting ti reject our ceiling of the range. Will go short if overall market will play along. Main PTs are 116, 114 Shortby alexpolyakov962
Current Google Analysis (BULLISH) google has been rejecting around 118 the past week but we have consolidated right below this mark, the bulls have been battling the bears we have stayed our ground and will easily push past this Resistance! With Spy dropping last friday we still managed to hold our ground, This will be an interesting week at that! This is not financial Advice but an opinion formed around being optimistic. Longby KingFXtrading111
SHORT IRON CONDOR IDEA for an 8/26 ExpirationGOOGL - Short Iron Condor Trade Idea: Expiration AUG 26th (18 Days) Strike Prices to create IC: Long Call: $129. Short Call: $126. ------ Short Put: $100. Long Put: $97. $31 credit (as of 8/5 EOD). $300 Collateral. Risk:Reward Ratio: $269:$31, or 9:1. Short strikes can accommodate approx. 15% down and 7.5% up from Friday's (8/5) close price.by zach66670
GOOGLGOOGLE After a long-term decline, it makes a proper floor and if it can break its resistance of $118, it can increase the price up to $135. #GOOGL #BTCUSDT #BTC #ETHUSDT #DOGE #DOGEUSDT Longby ebrahimifinance223
GOOGL SHORT OFF 120 RESITANCE -Target 107 - SEP 34 rejections off 120 – 50% fib RETRACEMENT Not Participating in Tech Rally =Weakness MACD Histogram negative – Divergence RSI Overbought IF = Google BREAKS - VWAP AT 117 Bear Put Spread - 119 / 107 - 40% PROBABILITY = 1 RISK FOR 3 REWARD Potential Sept 3 Exp THE BIGGER PICTURE FOR GLOBAL TECH IS OVERBOUGHT AND NEGATIVE CPI NEXT WEEK FED HIKE SEPT UNEMPLOYMENT RISING EUROPE RECESSION CHINA SLOWING WAR AND TENSIONS Shortby CapeAfricanUpdated 1
Google Looks Solid In Uncertain Timesgood time to add long term..taken support ..Google Looks Solid In Uncertain TimesLongby Ark_Trade0
GOOG breakoutBreakout of this consolidation pattern to the downside, poor earnings this week could be a catalyst for a large follow through moveShortby luna_capitalUpdated 0
Alphabet Inc - Short PositionWith an underlying share value equal to $117, Alphabet Inc has seen bullish movements since our last position published on 28/07/22. When reassessing Alphabet Inc using a 4hr range, investors can see that it’s now trading above its central Fibonacci PP level. In fact, the stock is trading above its PP 0.382 1st level resistance. The underlying price of Alphabet is in line with it's PP 0.5 resistance level. This is a bearish signal, investors should anticipate bullish trends to begin to correct and for stock prices to bear towards their support. Whilst it would be reasonable to anticipate the bullish resistance trend to continue to strengthen, this signal tells us to begin to anticipate a bare and profit off a short. This notion is further supported by the 20-day ranged Bollinger Band. The underlying stock price is currently trading close to the Bollinger’s upper bound which suggests a correction toward it’s lower bound, close to the Fibonacci’s central PP level. It would be justified to set a buy price in line with the Fibonacci’s P 0.5 resistance pivot. We anticipate the underlying stock price of Alphabet to reach this resistance point before bareish corrections occur. Therefore, we have set a buy price in line with the PP 0.5 resistance pivot, our investors will look to buy at a price of $118. Based buy and sell trends since the start of the year, we anticipate a strengthening bareish trend. We anticipate bareish trends to strengthen over bullish trends and for the underlying stock price to reach it’s Fibonacci support level. We have set a target price in line with the Fibonacci’s PP 0.5 support level. The buyer should sell at around $105. Shortby vf_investment112
GOOGL TTD DDOG DKNG CRM MDB ADBE all worked from yesterdays planExcellent day. Made 100%+ on almost all the trades from yesterdays plan. Market is getting frothy here. Took my profits into strength and just have runners now. by savage_Trader1
GoogleThe market is in reversal pattern, his will fall for sure once he break the support line.Longby Boukhari_Abdallah0
Alphabet | Fundamental Analysis | Long | MUST READ Alphabet stock is down about 16% over the past 12 months as investors worry about the macroeconomic problems of its core advertising business. Rising interest rates and a looming recession have also put pressure on the stock. But that short-term factor aside, Alphabet stock looks historically cheap at 21 times projected earnings. For the foreseeable future, the company will continue to dominate the markets for search, digital advertising, streaming video, Web browsing, and mobile operating systems. Although its cloud business is smaller than that of Amazon or Microsoft, it may also continue to grow. So selling Alphabet just because its advertising business is going through some tough quarters could be a mistake. Let's take a closer look at where the tech giant's stock could be headed a year from now. In the second quarter of 2022, Alphabet generated 81 percent of its revenue from Google's advertising business, which includes its main search engine, ad network, and YouTube site. "The Bears argue that this business will struggle in the face of rising inflation and slowing economic growth. Google's ad business growth has certainly declined over the past year, but it is still growing year over year (YOY). In this segment, YouTube initially grew faster than Google's search and advertising business. However, YouTube's growth slowed in the first half of 2022 as it struggled to match the post-pandemic recovery in ad sales a year earlier. When Google's ad business weakened at the start of the pandemic in the first half of 2020, the company relied heavily on Google Cloud growth, which was offset by lockdown trends and the growing use of cloud services. Google Cloud continues to grow at a faster rate than the advertising business, but it is also losing momentum and is not growing much faster than its larger peers. Amazon, which leads the cloud race with Amazon Web Services (AWS), increased its cloud revenue 33% from a year ago to $19.7 billion in the most recent quarter. Microsoft's total cloud computing revenue, including its Azure cloud platform, rose 28% to $25 billion in the latest quarter. This is troubling because Google Cloud is not yet a profitable company, and it may have to offer the lowest prices and aggressive promotions to keep up with Amazon and Microsoft. Simply put, it's not a solid crutch for Google to lean on if its advertising business ever stagnates - because an increased share of cloud revenue would likely result in lower overall operating margins. Alphabet expects its advertising business to continue to face difficult comparisons with the recovery from the lock-in through 2022. The company also expects the growth rate of its cloud business to slow in the near term as macroeconomic factors will cause some customers to either spend less money or put off purchases. Alphabet hasn't provided exact projections for the rest of the year, but during a recent conference call, CEO Sundar Pichai said the company will "slow down hiring and increase its focus." In other words, the company is preparing for a slowdown by cutting back on fat but expects total capital investment to increase in 2022. In 2021, Alphabet's revenues and earnings were up 41% and 91%, respectively, as the company recovered from the pandemic. But this year, analysts expect the company's revenue to grow 13% and profits to fall 8% from this difficult period. In 2023, they expect revenue and profits to grow 12% and 16%, respectively -- assuming the current risk factors subside. We should take these estimates with caution, but they indicate that Alphabet's slowdown is likely to be temporary, and its core businesses will continue to grow. Alphabet stock is unlikely to take off in the next 12 months - because at the moment it just seems reasonably valued, not undervalued - but it will definitely go up in the next few years. Longby FOREXN1Updated 3310
Google: Searching for lower pricesAlphabet 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 and 101.01 Resistance: 119.00 / 125.00 / 142.00 Support: 110.00 / 104.00 / 100.00 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses. Shortby Saxo117