If the stock fails to make a higher high, the stock could start to see lower levels. Bearish divergence was also spotted on the RSI; not shown on the chart but MACD as well.
Recently we played NASDAQ:GOOGL short but it seems that has run its course and we can now look to take it long. It has broken the recent downtrend and RSI seems to have bottomed. Looking for continued strength over $140
Chart idea/Trading plan Summary:
Uptrend
Bull flag
Consilidation
Squeeze on 78min
150 psych close
Targets:
150 Psych
151.70 High of move
153.68 ATH
155.09 Trend based Fib extension
Resistance/Stop:
146.11 Stop on close below 78min
143.68 next resistance
Google appears to be forming a cup and handle pattern on the daily chart. I believe GOOG may be priming up for a huge bullish move and with them positioning themselves well in this AI tug of war battle amongst all the big tech companies this year.
We gapped up heavily and are showing bullish signs after announcement of the potential partnership with AAPL and Google's Gemini.
Keep an eye out for a retest of teal - however I would not take this to ATH without being weary of the tapered continuation channels we have in the way (yellow and green) as well as our tapered purple selling channel which is being...
GOOGL bullish on the weekly chart just broke out that cup handle especially with that news we just got with AAPL i would like a retest at 140,144ish its in supply as we speak
Alphabet Inc., (NASDAQ: NASDAQ:GOOG ) the parent company of Google, is on the brink of a groundbreaking collaboration with tech juggernaut Apple Inc. A recent report has unveiled negotiations between the two giants to integrate Google's Gemini artificial intelligence engine into future iterations of iPhones. This move not only signals a significant stride in AI...
GOOG, after breaking down from a long-lasting channel price, found support at the 200-day MA and bounced off it.
It bounced right toward the line where the breakout occurred, which is often a pretty normal move.
Yesterday, the price formed a shooting star reversal pattern, indicating a high possibility of creating the Bear Pullback pattern, a very powerful...
So thru alot of trial and error and the help from a few wonderful people, i discovered i can see bollinger band and simple moving average trends in the candles. im long googl to 160. next thing to learn is how long it will take to get there. stay tuned
We will need to see tapering under our magenta buying channel which failed to pick up price. And if we see that throughout the day today, I will look for either a rejection from our strong selling green (on the daily) or our more tapered selling teal (which is strong selling on the weekly).
Keep an eye out for these and join my livestream at market open to see...
NASDAQ:GOOGL The chart looks tempting for a long position with a potential wedge breakout and MACD crossing.
If the bullish scenario plays out, it can reach $150 in the near term.
The ideal entry area for bulls would be $127 - $119. 👀
If you haven`t bought the dip on GOOGL:
Then you should know the recent controversy surrounding Google's Gemini AI was sparked by a viral post revealing an image generated by the tool. This image depicted the U.S. Founding Fathers, inaccurately featuring a black man.
The incident raised concerns about the AI's historical accuracy, prompting discussions about...
Perception:
Despite the recent fall in Google and Apple's shares, I think it is a pullback and a bargain buying opportunity.
Technicals:
Daily Chart
First pullback after all time high reached.
RSI at extremes and other indicators.
a-b-c completion
61.8% fib retracement zone.
No stage 3 bear market in Google
Weekly Chart:
Weekly chart has not confirmed the...
