GOOGL ON SUPPORT: 23% BOUNCE IMMINENTNASDAQ:GOOGL GOOGL has consolidated significantly over the last few weeks and, like the NASDAQ, has also taken a beating. Due to the now attractive valuation, the continued stable growth and earnings growth, GOOGL is still a good investment.
Technically, we have reached a trend line and a weaker horizontal support with a further support area at around USD 150. We are already seeing the first RSI divergence. The Bollinger Bands (not shown in the chart, otherwise it would be confusing) are also far overstretched and make a bounce likely. There is also an open gap at $192 - $203.
I would open about 50% of the actual trading position now and the rest when the price falls into the green box, which I still consider to be a possible consolidation area. If the price turns immediately, we are still in with half.
Target Zones:
$192.00
$205.00
Support Zones:
$165.00
$150.00
Alphabet
Alphabet Stock (GOOGL): Bounce Incoming?There is growing potential that a major price top has formed, particularly after the break below the November low, which has increased the probability of this scenario. The move down from the February high appears to be a three-wave structure, and I am watching for a bounce from the current region. However, this could simply be a B-wave in the yellow scenario, setting up for much lower prices.
At this stage, it's too early to confirm a major top with certainty. The structure of the next rally will provide crucial insights. The current downward move is not yet a clear five-wave decline, leaving the door open for higher prices in the white scenario. However, even that becomes increasingly unlikely with a break below $157.50.
For now, the working thesis is that a major top has formed, but confirmation of new highs would only come with a break above $196.69. In the short term, the price should ideally react to the current region, but we need to see a break above $173 (closing the last gap) to indicate a local low is in place. If that happens, we could be in a B-wave, which would likely target the $183 to $196 zone before the next major decision point.
The only tech stock I’d consider buying right nowThis analysis is provided by Eden Bradfeld at BlackBull Research.
We’ve seen the S&P, NASDAQ and every other American index get slammed in the last couple of days. Some people are panicking. A lot of people are panicking. If you go on Twitter (sorry — X dot com) you will find a lot of people who listened to a recommendation from a guy on YouTube about a trash stock like say, IonQ or HIMS, and are now fairly upset said YouTube guy (or Twitch guy, or whatever) got it wrong.
Frankly, a correction is a healthy thing because it allows investors to purchase good companies at more reasonable multiples.
I have no idea where the market goes from here. I can’t see the future. I admit this sell-off has me adding tech stocks (and other American stocks) to my watch-list, and I’ll continue to monitor them.
A lot of tech stocks — the bulk of what has fallen as of late — still aren’t in that zone for me yet. Amazon still trades at a current multiple of 35x earnings and a fwd multiple of 28x — I can’t find much value in that, especially when I consider that Google, a company with +$83 billion in net profit and a 32% operating margin, can be acquired for 16x fwd earnings (I had to check those numbers too just to be sure — when you’ve still got things like Palantir trading “to the moon” (and back), 16x⁴ seems like a reasonable price for the dominant advertising platform in the world).
Here’s Buffett, in his 2008 essay — Buy American, I am:
A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful. And most certainly, fear is now widespread, gripping even seasoned investors. To be sure, investors are right to be wary of highly leveraged entities or businesses in weak competitive positions. But fears regarding the long-term prosperity of the nation’s many sound companies make no sense. These businesses will indeed suffer earnings hiccups, as they always have. But most major companies will be setting new profit records 5, 10 and 20 years from now.
Buffett was right, of course. If you purchased stocks in 2008 and held them you would’ve done pretty well (as long as you didn’t buy Lehman Brothers!). The GFC saw stocks fall 48% from their peak — if we are indeed heading towards that territory there is more room to fall. I have no idea — examining the basket of tech stocks I look at, the only one that presents any value is Google. It’s reasonable at 16x fwd earnings. If it traded at 12x earnings, it would be a bargain - in my opinion. How low can you go?
Googles next Move where to Long next + Wickless Candles Hi in this video I highlight what to look for in the chart to take shorts and where to fill Longs next . In addition to that I provide a small educational idea of looking out for Wickless candles and how they can add value to your analysis . Please like follow share and ask any questions that you have and thankyou for your support
Google Update - Trade this range and new ATH Identified Update video on the google Long that has been planned since early FEB. The level has now been hit and we got a nice reaction off that level . In this video I look into where I think we go next and how price plays out .
In the video I use the following tools TR Pocket FIB , 0.618 FIB , Pivots , Parallel Channel and the Fixed range Vol Profile.
If we stay range bound inside the channel then we have the potential to see a new high on google at the top of the channel in confluence with 1-1 ext + tr pocket expansion .
Watch the video and mark the levels on your chart and ensure to set your alerts .
Dont forget to Boost the chart Please and i welcome any questions TY
Alphabet Inc. (GOOGL) – Bullish Reversal Opportunity📉 Google stock has corrected ~16.9% from its $207 high last month, now testing a strong trendline support.
With bullish RSI divergence and major AI investments ahead, this could be a prime buy-the-dip opportunity!
📊 Trade Setup:
🔹 Entry Price: $171.80 (Current Price)
✅ Take Profit 1: $190 (Short-term resistance)
✅ Take Profit 2: $207 (Previous high)
✅ Take Profit 3: $220+ (Analyst average price target)
🔹 Stop-Loss: $165 (Below trendline)
🔹 RSI: Bullish divergence – signaling potential upside momentum
📈 Why Google?
AI & Cloud Expansion – $59B AI revenue expected by 2028 (Morgan Stanley)
Waymo Growth – Autonomous vehicle expansion into Miami (2026)
YouTube & Digital Ads – Performance Max driving revenue gains
Strong Cloud Business – Competing with AWS & Microsoft Azure
🔹 Analyst Insights:
Average Price Target: $210.62, implying a 23.66% upside from the current price.
High Price Target: $250.00, suggesting significant growth potential.
Consensus Rating: Moderate Buy based on evaluations from 43 analysts.
🔹 Regulatory Caution: DOJ lawsuits are a concern, but long-term AI & cloud growth remain strong.
📌 Key Levels to Watch:
Holding support at $165? This could trigger a major upside move.
Break above $190? Momentum could accelerate toward $207+
📢 Google is not just a search company—it’s an AI, cloud, and automation powerhouse. With strong support, favorable analyst forecasts, & major catalysts ahead, this could be a prime accumulation zone! 🚀
Google is going to its Google thing. Bullish 4hHistorical severely oversold area.
Welcome to the MAX PAIN (looking at the greed&Fear at 11 today)
At this max fear stage it’s hard for the herd to see wood for the trees and things also the perfect phase to pickup a contrarian play.
👇
🔹 **Trade Direction:** Long (Potential Reversal)
🔹 **Entry:** $170 - $173 (Current Zone)
🔹 **Stop Loss:** $165 (below recent support)
🔹 **Target 1:** $182 (key resistance level)
🔹 **Target 2:** $192.50 (prior swing high)
📊 **Probability & Justification:**
- **Momentum Shift:** Oversold conditions with multiple strong buy signals across timeframes.
- **Indicators:** Stochastic RSI deeply oversold, with RSI on daily at 27.16—historically near bounce zones.
- **Moving Averages:** Price trading below key moving averages but stabilizing.
- **Volume Profile:** Signs of potential accumulation; need confirmation.
⚠️ **Risk Considerations:**
- A breakdown below $165 invalidates the setup.
- Bearish sentiment still dominant; a confirmed higher low is needed.
- Strong resistance ahead at $182; partial profit-taking recommended.
📉 **Bias:** Cautiously bullish—confirmation required for trend shift.
Google Likely On SupportGOOGL is likely finding support on $174. It's following the panic trend right now as almost everything Computer/Tech has been sold deep into support bids. GOOGL finding support here along with AMZN at $214 leads to my theory IXIC is ready to break resistance.
If it fails to hold $174, then the major support at $148 should lift it back up towards it's final target (or next major support) of $252.
Good luck!
GOOGLE Long PlanSo here is our plan for entering a Google long position. And you know what the old saying is "plan your trade, and trade your plan".
We will be looking long and hard at the volume profile when we reach that area.
Our last Google trade that we posted it all the Take Profit points, and was great.
So mark this on your chart and set alerts.
Google - This Can Be A Major Opportunity!Google ( NASDAQ:GOOGL ) is rejecting the resistance:
Click chart above to see the detailed analysis👆🏻
Over the past couple of years, Google has actually always been rejecting the upper channel resistance trendline with the only exception being the 2021 breakout. Following this previous behaviour, another bearish rejection is probable although bulls remain overall in control.
Levels to watch: $200, $150
Keep your long term vision,
Philip (BasicTrading)
GOOGLE: Clear pattern of behavior begins to give warnings!!!On February 4th, Alphabet (Google) presented its results. The figures were positive, and show that the company's business continues to grow at a good pace (+13%). However, the slight disappointment of the cloud storage business caused the market to react with significant falls on the day of its publication (-7%) (February 4th). Since then it has not stopped falling, reaching a cumulative fall of almost -12% from its highs.
---> What does it look like technically?
If we look at the graph, there is a clear PATTERN of BEHAVIOR that has been repeated on the last 2 occasions in which Google experienced a correction phase.
---> What PATTERN are we talking about?
What is clearly observed in the graph is that the following 4 warnings occur (one after the other), before starting a new bullish impulse to attack highs:
1) Oscillator warns of overselling (blue diamond that can be seen in the oscillator at the bottom. I have painted a vertical blue line).
2) Once the oversold signal appears, the price is supported by its bullish trend line, which also always coincides with a Fibonacci retracement of between 50% and 61.8%.
3) The bullish (Bull) signal of MOMENTUM appears.
4) The FORCE also turns bullish (Bull) (the candles turn blue).
--> What happened today?
The oversold signal has appeared again in the oscillator (point 1), and it has also been supported by its bullish trend line which coincides with a Fibonacci retracement of almost 61.8% (point 2).
---> What do we need now to be sure that it will go for new highs?
That both the MOMENTUM and the STRENGTH turn bullish (Bull). At the moment they are still bearish and therefore we have to wait.
--- What strategy can we follow?
1) Aggressive profile: Enter long when the MOMENTUM turns bullish (Bull). (at point 3).
2) Conservative profile: Enter long when the MOMENTUM and the STRENGTH turn bullish (Bull). (enter long when point 4 occurs).
If everything goes as normal, tomorrow it is VERY LIKELY that we will see the bullish (Bull) MOMENTUM signal and therefore, we will be able to think about whether or not to go long depending on our investor profile.
Greetings and good trading!
Alphabet (GOOGL) Stock Drops 10% – What's Behind the Decline?Alphabet (GOOGL) Stock Drops 10% – What's Behind the Decline?
As the stock chart for Alphabet (GOOGL) shows, on 4 February, the share price reached a historic high above $205. However, despite surpassing analysts’ expectations, GOOGL shares dropped sharply after the earnings report was released:
→ Earnings per share: actual = $2.15, forecast = $2.12
→ Gross revenue: actual = $187.8 billion, forecast = $187.3 billion
As a result, GOOGL's current price is approximately 10% below its all-time high. Market sentiment may have turned negative due to several factors:
→ Cloud revenue fell short of expectations, raising concerns about Alphabet’s ability to compete in the rapidly evolving AI sector.
→ Weaker-than-expected advertising revenue from Google, Alphabet’s core business. While advertising revenue grew by 10.6% to $72.46 billion in Q4 2024, analysts had anticipated a 12% increase.
→ Alphabet announced plans to significantly increase capital expenditures next year to around $75 billion, prompting questions about the impact on depreciation and profitability.
Additionally, news that China has launched an antitrust investigation into Alphabet—potentially in response to tariffs imposed on Chinese goods by the Trump administration—may have weighed on the stock price.
Technical Analysis of Alphabet (GOOGL)
GOOGL remains within an upward trend channel (marked in blue on the chart), with the price having pulled back to key support levels, including:
→ The lower boundary of this trend channel
→ The $180.90 level, marking the top of the bullish gap from 10 December
→ The psychological level of $180, which acted as resistance in late 2024 (indicated by arrows)
This suggests that the downward momentum caused by the earnings report could slow down or even reverse, meaning the current price action may be a pullback within the prevailing uptrend.
Should You Buy GOOGL Stock Now?
According to a report from The Smart Investor via Yahoo, investors should not be overly concerned, as:
→ Alphabet's strong cash flow will allow it to fund its planned $75 billion in capital investments without issue.
→ The company’s leadership stated that demand for its AI-driven products currently exceeds supply.
Meanwhile, analysts surveyed by TipRanks believe Alphabet can overcome its challenges:
→ 27 out of 37 analysts recommend buying GOOGL, with none advising to sell.
→ The 12-month average price target for GOOGL is $215.85.
Overall, while short-term volatility remains, long-term prospects for Alphabet appear solid. Investors with a longer time horizon may see this dip as a buying opportunity.
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Name Your Stocks! I’ll Analyze the Most Voted Picks!Hello readers,
Let’s Do It Again! Name Your Top 3 Stocks for a Technical Breakdown!
A while back, I did this with crypto, and the response was insane – hundreds of comments and great discussions. Now, I’m bringing it to stocks! Will this get the same hype? Probably not… but prove me wrong! 😏
🔹 Drop three stocks you’re most interested in.
🔹 Boost the post to make sure your picks count.
🔹 I’ll analyze the most mentioned ones, highlighting key technical strengths, weaknesses, and possible scenarios.
If the chart offers clear insights, I’ll break them down. If it doesn’t, I’ll tell you why technical analysis isn’t reliable in that case – because knowing when NOT to rely on TA is just as important.
Let’s see what the TradingView community is watching – drop your picks below and let’s try this!
Cheers,
Vaido
Alphabet (Google) Stock Approaches Critical SupportIn recent sessions, Google's stock has recorded a decline of over 8% in just a couple of trading days, as market confidence weakens following the company's latest earnings report (February 4). Google Cloud services revenue grew by 30% , falling short of the expected 35% , signaling that competition in the cloud sector is becoming increasingly aggressive for Alphabet. This has dampened growth prospects for the company, leading to sustained selling pressure on the stock.
Uptrend at Risk
Google has maintained a solid uptrend since September 2024, with bullish momentum pushing the stock above the $200 per share level. However, the recent short-term bearish bias has cast doubts on the stock’s strength, as the price now approaches the trendline support level, where sellers must prove whether this movement is just a correction or a sign of a stronger bearish shift in the short term.
MACD Indicator
Currently, both the signal line and the MACD line have adopted a downward slope, while the histogram remains oscillating near the neutral 0 level. This indicates that the previous bullish dominance has faded, and if the histogram continues moving further away from the neutral zone, it could reinforce a stronger selling bias in the coming sessions.
Key Levels:
$200: The most important resistance level, aligning with previous highs in Google’s stock. A rebound to this level could revive the long-term uptrend.
$187: A critical new support zone, aligning with previous lows and the uptrend line support. Sustained movements below this level could reinforce the current bearish bias and threaten the long-term uptrend.
$173: A major support level, corresponding to previous neutral price zones. A breakdown to this level could signal the beginning of a much more extended downtrend.
By Julian Pineda, CFA - Market Analyst
GOOGLE: Historic profits!! What is the reason for the fall?GOOGLE has been falling on the stock market since late yesterday, after presenting its results with the market already closed. Google's parent company achieved a historic profit of more than 100 billion dollars and revenues for the entire year of 350 billion. However, its shares are dyed red in the pre-opening.
--> What is the reason for the fall?
One possible cause would be that the fourth quarter revenues did not reach what was expected, which see in these numbers a sign that Google's parent company was being affected by the increase in competition in the digital advertising market and the slowdown of its cloud computing business.
A second reason is that Google surpassed historic highs days ago and it could be a MANIPULATION and PROFIT-TAKING movement by some FUNDS taking advantage of the volatility of the value to present results. In any case, the results ARE GOOD and the TECHNICAL ASPECT is good, so if nothing strange happens, the trend in Google will continue to be bullish.
--> What technical aspect does it have now after the -7% fall?
If we look at the graph, the technical aspect is still clearly bullish (Bull). In addition, it did not lose any of its main supports, so we will continue to think about long positions.
--> When could we enter?
The table shown in the graph indicates that the MOMENTUM in H1, H4 and DAILY time frames is bearish (Bear) and also the STRENGTH in H1 is bearish (Bear). Therefore, to ensure that the pullback has ended, we have to wait for at least in H4 the MOMENTUM to turn bullish (Bull) again. And when could this happen? When the price exceeds the 198 zone, it is very likely that the IVO indicator will already show us bullish MOMENTUM ( Bull ).
(If it happens before, I will update the analysis to anticipate the entry).
--> What important support does Google have?
The 184 zone is a very important support zone that, if not respected, we could see a much deeper retracement phase.
-------------------------------------
Strategy to follow:
ENTRY: We will open 2 long positions if the H4 candle closes above 198.
POSITION 1 ( TP1 ): We close the first position in the 208 zone ( +4.8%)
--> Stop Loss at 188.9 ( -4.8%).
--> Ratio 1:1
POSITION 2 ( TP2 ): We open a Trailing Stop type position.
--> Initial dynamic Stop Loss at (-4.8%) (coinciding with the 188.9 of position 1).
---We modify the dynamic Stop Loss to (-1%) when the price reaches TP1 (208).
-------------------------------------------
SET UP EXPLANATIONS
*** How do we know which 2 long positions to open? Let's take an example: If we want to invest 2,000 euros in the stock, what we do is divide that amount by 2, and instead of opening 1 position of 2,000, we will open 2 positions of 1,000 each.
*** What is a Trailing Stop? A Trailing Stop allows a trade to continue gaining value when the market price moves in a favorable direction, but automatically closes the trade if the market price suddenly moves in an unfavorable direction by a certain distance. That certain distance is the dynamic Stop Loss.
-->Example: If the dynamic Stop Loss is at -1%, it means that if the price drops by -1%, the position will be closed. If the price rises, the Stop Loss also rises to maintain that -1% in the rises, therefore, the risk is increasingly lower until the position becomes profitable. In this way, very solid and stable price trends can be taken advantage of, maximizing profits.
GOOGLE Buy the earnings dip and Target $215.Alphabet Inc. (GOOG) has been trading within a Channel Up since the September 09 2024 Low. Just last Friday it formed a Bullish Cross on its 1D MACD and is rising, which inside this Channel Up pattern, has been a strong buy signal.
Given that the company's Earnings miss will force the stock to open near or at the 1D MA50 (blue trend-line), take this excellent dip opportunity to buy the technical pattern and target $215, which is the standard +15% Higher Lows rebound the Channel had on each Bullish Leg.
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$GOOGL Stocks Sink on Alphabet Earnings; Gold Hits AllTime High Stocks Sink on Alphabet Earnings; Gold Hits All-Time High 📉✨
1/9
Global stocks dipped after Alphabet ( NASDAQ:GOOGL ) missed earnings expectations, putting pressure on Wall Street futures. Investors are now questioning tech's growth outlook. 📉 Could this signal a broader tech revaluation?
2/9
Alphabet’s earnings disappointment impacted sentiment across markets, while some European stocks showed resilience. Novo Nordisk delivered positive earnings, highlighting sector-specific strength. 🏢📊
3/9
Currency Moves: The USD/JPY pair saw notable movement as the yen strengthened. Japan’s wage data came in higher than expected, fueling speculation of another rate hike. 💴 Could this be a turning point for the yen's momentum?
4/9
The dollar weakened against major currencies, driven by Japan’s wage growth data and broader market uncertainty. Currency traders, take note: further BOJ tightening may continue shifting capital flows. 📉
5/9
Gold Surge: The precious metal hit a record high today. A weaker dollar and heightened geopolitical risks are driving investors toward safe-haven assets like gold. 🚀 Will this trend hold if market volatility persists?
6/9
Political surprise: President Trump made unexpected remarks about potential U.S. involvement in Gaza for economic development. Despite the shock value, markets largely shrugged off the news. 🗞️ Investors kept their eyes on the numbers instead.
7/9
Market Insights:
Alphabet ( NASDAQ:GOOGL ): Missed earnings shook tech stocks.
USD/JPY: Yen gains signal a potential shift in forex markets.
Gold: Safe-haven demand pushes prices to new highs.
8/9
Investors may need to reassess their tech positions in light of Alphabet’s performance. Meanwhile, forex traders could find opportunities in USD/JPY movements, and gold investors are riding a bullish wave. 🧭
9/9
What's your market outlook after today's moves? Vote now! 🗳️
Tech will rebound soon 📈
Volatility will dominate 🔄
Gold remains king of 2025 ✨
Google: Room to Head HigherFor the past two months, GOOGL has been stuck in a sluggish sideways phase, with even its latest breakout attempt quickly sold off. During the magenta wave , we still expect a new high, though a direct transition into the subsequent wave remains technically possible. In our 33% likely alternative scenario, we would have to reckon with a significantly delayed continuation of the overarching upward cycle. In this case, GOOGL would still be working through the (intermediate) correction of the green wave alt. , which would bottom below the support at $147.22.
GOOGL Alphabet Options Ahead of EarningsIf you haven`t bought the dip on GOOGL:
Now analyzing the options chain and the chart patterns of GOOGL Alphabet prior to the earnings report this week,
I would consider purchasing the 200usd strike price Calls with
an expiration date of 2025-2-7,
for a premium of approximately $7.20.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
The Magnificent Seven Stocks: A Stellar 2024 and Uncertain 2025The Magnificent Seven Stocks: A Stellar 2024 and an Uncertain 2025
The Magnificent Seven is a term used to describe the seven largest technology companies that dominate the global economy through their scale, innovation, and high market capitalisation.
These companies are often key drivers of the US stock market, and in 2024 (as in 2023), they confirmed their leadership, with most outperforming the broader market indices. Below are approximate performance estimates for the end of 2024:
→ S&P 500 (US SPX 500 mini on FXOpen): +26%
→ Apple (AAPL): +38%
→ Microsoft (MSFT): +18%
→ Amazon (AMZN): +52%
→ Alphabet (GOOGL): +42%
→ Meta Platforms (META): +43%
→ Tesla (TSLA): +87%
→ Nvidia (NVDA): +189%
What does 2025 hold for the Magnificent Seven?
Motley Fool offers a cautious outlook for the coming year, suggesting that some of these leaders may run out of steam due to inflated stock prices relative to their intrinsic value and profit forecasts.
Zacks analysts have examined the fundamentals and identified three stocks from the Magnificent 7 that are worth considering for value investors:
1. Alphabet (GOOGL)
Alphabet has the lowest price-to-earnings (P/E) ratio among the Magnificent 7, standing at 23.9. While this doesn’t say it is a value stock (value stocks typically have a P/E below 15), it is relatively cheap compared to its peers. Moreover, Alphabet now pays dividends.
2. Meta Platforms (META)
Meta Platforms remains attractively valued with a forward P/E of just 25.8. It also boasts a relatively low price/earnings-to-growth (PEG) ratio of 1.3 (a PEG below 1.0 indicates a reasonable price relative to expected profit growth). The 1.3 PEG is appealing, and like Alphabet, Meta has started paying dividends.
3. Amazon.com (AMZN)
Once aiming to be the "store for everything," Amazon has expanded far beyond this with its AWS division, Whole Foods, sports and entertainment programming on Prime, and even chip manufacturing. Amazon has the lowest price-to-sales (P/S) ratio among the Magnificent Seven, at 3.8. Although a P/S below 1.0 is typically considered attractive, Amazon remains appealing to investors. For comparison, Microsoft’s P/S ratio is 13.1, while Nvidia’s is 29.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice
Google - Catch The 2025 Bullrun Now!Google ( NASDAQ:GOOGL ) is preparing for a strong year 2025:
Click chart above to see the detailed analysis👆🏻
So many confluences on Google are pointing to a strong year of 2025. First of all we have the resistance trendline breakout which we saw a couple of months ago and bears were also not able to significantly push price lower after we saw the retest of resistance. This is soo bullish.
Levels to watch: $220
Keep your long term vision,
Philip (BasicTrading)
#ALPHA/USDT Ready to go higher
#ALPHA
The price is moving in a descending channel on the 1-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 0.1048
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.1080
First target 0.1110
Second target 0.1182
Third target 0.1248
Google: There We Go!Since late October, the Alphabet stock has been rejected twice at the $181.61 resistance. This Monday, though, it achieved an impulsive rally above this critical level. This advance aligns perfectly with our primary scenario by propelling the magenta wave further upward, and we expect additional gains as this movement progresses. However, the development of the ongoing upward impulse would be significantly delayed in our 33% likely alternative scenario. In this case, Alphabet’s stock would still be working on the corrective green wave alt. and sell off below the support at $147.22.