GOOGLThe pressure against money markets has been declined since the actual inf. data is approximating the expected inf. data. Avg cost is 89 usd.
Not an investment reccomendation.
GOOGL trade ideas
Pull Back FishingM pattern noted.
The 4th leg seems to have paused at the .886.
Peak 2 is higher than peak 1.
Sharks are also known to dive to the 1.113 on occasion.
This market is tough to trade right now and seems to be in "wait" mode today.
No recommendation.
“The stock market is a device to transfer money from the impatient to the patient.”
Warren Buffett
GOOG is below the .618 of the trend up from the Covid low, and above the .786.
Falling Wedge- BullishAfter holding a long downtrend since the beginning of 2022, GOOG is finally looking ready to breakout here as Google is approaching the end of a nice falling wedge, testing the 20-day EMA while also hovering at a weekly low, heading into earnings.
Bollinger bands are squeezing (Not Pictured), a bullish shark harmonic pattern, and a MACD golden cross have formed on the daily timeframe. This is accompanied by a massive falling wedge on the weekly timeframe (See Attached Chart Below), along with some bullish hidden divergence on the RSI. Bullish and will be looking for a breakout from this wedge (Broader Market Conditions Permitting)- Just some support and resistance levels to watch along with some RSI-based supply and demand zones to keep an eye on in the meantime - (See Attached PT's &Charts Below)
PT1- $91.86
PT2- $92.54
PT3- $96.23
PT4- $96.23+
--Weekly Timeframe--
GOOGL almost thereIts running in the obvious down channel, and now at the lower end of it. I expect a quick bounce to 94-95 level. It will line up perfectly with the weekly SMA 200.
After that continue to the downside. For me, Google at 70 level is really attractive based on technical and fundamental
Google Analysis 22.01.2023Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
Thank you for watching and I will see you tomorrow!
Tough Days for Google StockGoogle stock have 2 scenario for daily time frame
1. If goes above $100 and reach $103~$105, after some consolidation reach above levels.
2. If it is not able to cross $102 zone, $95~$93.6 will be the first support zone.
[Watch it] Sub 100$ GOOG looks interesting for some DCAWhile was originally looking for some long term buy opportunity at 90$ and below, given the overall picture i started DCAing right from here close to the 95$ mark.
Reasons:
1) Pretty extended and unprecedented RED TD count on M
2) CMF sub-zero, unprecedented as well
3) Close to 0.5 FIB
4) ongoing bullish divergence on RSI
5) Price close to lower BB
Will accumulate down into the blue box, having the opportunity.
That said it may bounce off the 0.5 FIB, eventually.
Mind the risk.
DYOR, highly speculative trade.
Prettified chart:
Price channel in $GOOG downtrend$GOOGL has been trading within a price channel in its current downtrend. With trends, we don't fight them. When the structure is broken, we will reanalyze the stock to see if new characteristics has been made. Until then, we will see if the top of the channel provides further resistance. If so, puts would be in order.
Analysis of Google before earnings Google stock has faced plenty of setbacks. With ChatGPT, a lack of new products and services, Ad revenue declines and a slowing economy all create hardships for investors. Competition against google has increased with $MSFT investing $10 Billion in the AI system, creating threats to Google. With this all in thought, my prediction is that ad revenue again is going to be weak. Google's stock will drop at least 6%
Buy idea: Bullish ChannelAs you see on chart we will have a big probability of buying because we have a spring effect on the support line. So after the breakout with force the resistance line by a big green candle with a large green volume it's mean that we will have an uptrend. We must be vigilant because in other hand if we have the breakout with force the vwap indicator and the support line we will have a downtrend continuity..Thanks..!
Technical Analysis of Google (NASDAQ:GOOG)Hello guys,
I am sharing with you my analysis of Google.
I think the stock looks pretty cheap at the moment and it is forming a beautiful Double Bottom.
This is further supported by a MACD Bullish cross and upward trending RSI, which is above the 50 line.
Overall I think it has an appealing risk-to-reward opportunity.
What do you think?
GOOG entry Google has earnings growth that make it attractive at this point in time. I like $106 for a short term price target.
GOOG decreasing of sellerGOOG decreasing momentum of seller. Let see the stock will make bull move or continue make new LowerLOW
GOOGL Potential for Bearish Continuation| 13th January 2023Looking at the H4 chart, my overall bias for GOOGL is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. Looking for a sell entry at 91.61, where the 38.2% Fibonacci line is. Stop loss will be at 99.53, where the minor high and 78.6% Fibonacci line is.
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Google WXY Pattern Targeting A $74 TestIn this update we review the recent price action in Google and identify the next high probability trading opportunities and price objectives to target
Alphabet Inc (GOOG)Graphically we still have two very important supports which are concentrated in the $76 area and subsequently at $64. The stock's drop was significant and cleaned up many of the excesses of QE. Digital advertising market has been struck by a slowdown in spending in the past few quarters, let see in the next earning season.
GOOGLE 20% Potential Bounce1. WT_LB is below oversold line
2. CM Williams Vix Fix is in oversold area
3. SQZMOM weekly divergence
GOOGLE Either OrI can see in the chart some key numbers that appear to be coinciding with support and resistance levels, I will be looking to go long just above 85 and short just below the 100.
$GOOGL Falling Wedge BreakoutStock broke out of a bullish falling wedge, supported by large institutional buys visible on the 1 hour chart at the beginning and end of recent days. Friday the trendline was retested and today the upward movement continued. Can see this carry up towards 93-94 on a break of 90 with momentum. SPX has a gap to fill around 3950, this can get carried up along with it.
$GOOG CONSOLIDATIONThere’s a few possibilities for GOOG here:
1. Forming a consolidating Pennant/Flag
or
2. Forming a Double bottom
Google Stock is DecliningGoogle is on a Downtrend since the beginning of 2022.
Now it's a good opportunity to jump on the trend at the level of 209 MA.
There is a huge R/R of 1/4.
the potential Targets could be 78.6% Fibonacci level and as second Target 100% Fibonacci level.
