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.
The correct has followed heavy selling - now reaching a tipping point- the damage has been done and we have further lower prices coming. The timing will be short lived but led by big purchases. You will have to be nimble to catch the bottom but the stock is a winner in the long run.
I share TWO of my IDEAS!
1. First Option (1 YEAR)
Is done by looking at the Financial Health, Historical DATA and
calculating its Fair Value Today
2. Second Option is a Longterm Investment. That depends on the Market and Growth of Google
Disclaimer;
NO ADVICE TO INVEST and TRADE SAFE!
You have a great time at work today that I have to get my attention to this problem I am having to go through this and get the wrong meds and the other one that has a new version for the new iPhone app for you and your truck and your new iPhone for the best of luck to the number one player in his new favorite video clip to show up for a new one or more of a game...
Google is still in a big red channel downtrend sine the ATH at 3042 failing to hold even the median line last week. The lower red channel at 2025 will be tested.
If Google loses the 0.50 Fibo retracement, there will be a totally blank space (green box) until the next Fibo 0.618 at
1786. The decline will be very very quick. This capitulation most likely to happen...
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.
Five-wave impulse, likely to be wave 1
current wave abc correction
Level 2317 is a strong price congestion axis
The price may test it or break it a little to 2300 or below to end the current correction
before going back up
google is breaking local trend resistance mentioned in previous analysis, but could be fake out breakout so trade with caution!
watching for move above 2397 for upside continuation, move below 2248 is short trigger/can send us dumping to trend support.
We've retested area I think is the important break zone. Old support can be new resis. I short restests.
Also, we're at the point where people who post no ideas here are showing up on my posts to tell me I am dumb. I've found the trade usually comes soon after that. This isn't a strategy, just an observation. The lines thing is a strategy.
Green zones are potential good area to average in shares.
+ Back over 20day SMA
+ Need to hold blue zone, confluence with 20day
+ Historically good moving average: 150 weeklySMA
- Still not above neutral
- Declining moving averages (resistance on a uptrend)
- 2 gaps remaining
- This yellow box can look like a distribution phase after a long run up, we would now...
GOOGL in this little bearish downtrend channel, if we see another rejection a move to 2112 will follow, but if we break trend resistance we can target 2485-2722
