Through out my time swing trading i have found that there are some desecrate tools and information i must look at in each equity before i make my final decision, certain criteria like Short interest , days to short , SQZMOM indicator along with a sweet chart that channels up. 1. it all starts at finviz where i search up stocks that fall under the lower priced...
3-16 Is Google in the process of building out a 5 waves up affair? Sure looks like it. IF IF IF true then the current trend as defined by the green uptrend channel is up. Notice how this issue basically tagged trend channel support and is pulling away from it? That's where a stop can be placed, a break of the pink line. Notice how within that overall uptrend...
On weekly charts google is forming lower high and lower low and unless it breaks its previous lower high, google can break its trendline support and go much lower to its next support of 461.14. For the time being neutral on Google.
A lot of traders are in spreads expiring this week. Long / neutral
A follow up from this post. powerofthepivot.com On the daily, GOOGL appears to be in a nice pennant pattern. Great gap and strong buying pressure. Double bottoms on the hourly chart. Inverted head and shoulders on the daily. Could also consider a longer term bull put spread if it pops.
Planning on shorting GOOGL at the objective weekly supply level from the pivot high. For price to turn down so sharply there must have been a lot of sell orders. It is my hope that there will be left over sell orders sitting at this level.
I'm considering buying puts, risking 3% to make a potential 10%+ in the next couple of weeks. Based on the price action and the volume I expect this pair to gap down on earnings. A fairly reasonable risk/reward if you ask me! I added a standard deviation and moving average to the range exp volume indicator, to determine if volume is above or below average, which...
Look for retest and failure off EMA's, go long puts, but beware of low volume over xmas.
Broke the trend with a head&shoulders (like) formation, staying below 520 till the end of week would complete the pattern. Back-testing the resistance around 510-520 might give good risk/reward short entry with a target of 440 and stop above the resistance.
Rationale: Pure technical - Predictive/forecasting model - Gap pending 1 - Predictive/Forecasting Model: - Target = TG-Lo = 456.21 - 04 DEC 2014 2 - Pending gap favors similar technical demand 3 - Structure: Overhead resistance proven @ 567.45 - IF price break > 567.45, bearish target invalidates if closes > 598.58 - Targets affirmed at break <...
Our analysis @ stated in part, "Barring a meltdown in earnings or subscribers, FB will be bought at certain levels in expectation of reaching the 2nd target shown. The short also has its' targets and one has been reached on a shorter time frame at 58. On a shorter time frame, FB is reacting to a long that has its' target above ATH." The 2nd targets on both time...
I have always been very good at stock picking, this is one of the examples...I think it is a bit extended now for anything but day trading, however this stock is NOT done. watch for good base to enter..use excellent risk management cause what goes up fast comes down fast
GOOGL reported good earnings and has no reason for stock prices to decrease any further. Based on recent trends, it should continue rising in a similar manner (as shown). As such, it will most probably continue rising past the resistance line drawn.
The Google Inc (NASDAQ:GOOGL) Daily Diagram Technical Analysis shows the following: The (GOOGL) share has insert in a short downtrend channel lately. This resistance line is just on the top of the KUMO, which means that the GOOGL consolidates in long term. Both weekly and monthly diagram show a neutral behavior. So the first think in mind is that $550 as you can...
The GOOGLE Inc (GOOGL) weekly chart shows the following signs: The Price of GOOGL find a strong support from Kijun-sen and stoped exactly on it last week. The MACD is turning up closer to give a bullish sign and the RSI is >50 on bullish. The Stock is over the EMA200, over the KUMO Cloud but the Tenkan-sen is under the Kijun-sen (I think for a little as I...
The GOOGLE Inc (GOOGL) weekly chart shows the following signs: The Price of GOOGL made a try last week and overcome the Kijun-sen. The MACD is turning up but is still on bearish sign and the RSI on bullish. The Stock is over the EMA200, over the KUMO Cloud but the Tenkan-sen is under the Kijun-sen (I think for a little). I expect that the stock will continue...