Google Continued Trend and Next Opportunity Expected! Welcome to Profitlio Trading!
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The continued trend is expected to show up a possible breakout on the key level sitting above. And will wait for the confirmation and entering in a perfect retest and reversal towards the market resistance on TOP! Sketch up your own trade setup and make sure you meet with the required confirmations first before you make your move!
Profitlio Trading ( Since 2014 in Financial Markets )
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Alphabet
ALPHABET ($GOOGL): Does ALPHABET Go All the Way?✨ New charts every day ✨
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Despite taking a hit on the ad side of the business, Google (GOOG / GOOGL) has had a textbook "V" shaped recovery (Or in this case, an upside down "A" recovery we could say). Can the bulls make the final push back to all time highs? One could argue the new stimulus package will have a positive effect on the markets and give this tech giant room to finish running. So let's map out a potential pathway for the bulls.
Resource: www.cnn.com + www.marketwatch.com
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1. Fractal Trend is showing an uptrend (Aqua bar color) on the 1 hour timeframe giving us a clear trend to look for a long setup within.
2. With this strategy, we are looking for long setups in an uptrend and as such want to enter long on retests of bullish order blocks plotted by Orderblock Mapping (Aqua) and/or bullish S/R levels plotted by Directional Bias (Aqua).
3. As you can see we had a great long setup entry at S1, sadly this was missed so we can only plan for what may happen now and not worry about the past.
4. The target for this move is up though the "COVID gap" and all the way to the range created by previous highs at R4. This is good news for anyone already long.
5. If we don't see bullish continuation off this move, then there is another potential long at S2 assuming Fractal Trend gives the green light.
6. If Fractal Trend signals a downtrend (Maroon bar color), then any long positions should exit as this is seen as indecision/weakness, otherwise the bet is on GOOGL continuing its recovery.
Google (Alphabet) Technical Analysis vs FundamentalGoogle Market long term Analysis shows that the Market is Bullish, let's invest in the trend direction and just wait for the right signal to buy
Yesterday's earning report was "positive" with an earning for shear $9.87 (Earning per shear of the previous quarter was $15.35 - so 36% less).
The stochastic and Volume can indicate that there might be an immediate reversal in the 30 minutes trend to uptrend.
In conclusion
Short term - Go long, just wait the right signal.
#GOOGLE ANALYSIS.. COLLAPSE WILL SURELY COME.. In my previous analysis, I mentioned that a strong sales wave could come to the markets again, in this context, I expect a structure as I mentioned in the chart.. Ascending broadening wedge pattern is may trying to tell us something..
Never say never.. Markets will be very interesting after 6 months, we will wait and see.. I firmly believe that big crash will come eventually and oil prices were the leading indicator of this..
Actually, I wrote that passage again and again in my previous analysis, please keep these in mind, greath depression is coming..
Disclaimer: Please do your own due diligence when it comes to trading.. Never put in money that you cannot afford to lose.. Invest at your own risk..
I wish you all the best..
FANG Index is back at AllTimeHighIt´s insane how powerfull and quick the well known FANG Index is back on track at it´s AllTimeHigh $FB $AMZN $NFLX $GOOGL.
All of them have strong revenues, growth, profits and a chart, which knows only one way --> UP
Let´s see what´s coming next.
>> And never fortget ! -- Plan your trade and trade your plan ! <<
GOOGLE (Alphabet Inc) Was It Fake Breakout?
after a bearish breakout of a major trendline, the market recovered.
it is back above it and buyers show their willingness to buy!
it looks like this breakout was fake, and yesterday's violation of a horizontal range on 4H confirms that!
now I believe that google may continue growing in value.
key levels:
1275
1380
good luck!
please, support the idea with like! thank you
GOOGLE: Buy opportunity within the Channel Up.Alphabet Inc wasn't excluded by today's Coronavirus led pull back on the stock markets and declined below the 1D MA50 (blue line). The 1D chart turned bearish (RSI = 38.867, ADX = 33.996, Highs/Lows = -57.8228) but the price remains well within the long term Channel Up that started in July 2019.
The 1D RSI just hit a 7 month Support and in fact the last time that happened (October 2nd 2019), the price also had just crossed below the 1D MA50. This was when it made a Higher Low on the Channel Up and gradually rebounded. We are expecting a similar bullish reversal. Our Target Zone is 1,500 - 1,530.
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Long googl to 1.5 T$ companyBased on fundamental analysis if TAC doesn't increase google advertising income would rise sharply in 2020. New businesses specially in AI fields and 5G could double the bullish strength. The only risk I can mention about Google is EU tech tax or digital tax. Bullish trend would continue until digital tax will be introduced by UK or France and then I can update my Idea. Based on numerical analysis, EPS in next 4 quarters would be 12.9, 14.1, 14.1 and 17 USD. P/E could rise to 35 and even 40 by developing new platforms in AI fields.
GOOGLE 2 DIFFERENT TRADE PLANSI have 2 differen trade plans for google, white and yellow
Green would play out if market is in a long-term fresh bullish momentum
White would play out if overall market is just getting out of gas
This is a great indicator for overall market cause almost all advertisement is on google (inc youtube)
trade safe
GOOGLE - ALPHABET INCThis #googl trade was my best trade in 2020. I bought 10 call contracts at 1290usd strike price in december, and my contracts expired at 17th of January. One of the greatest trades in my life.
I guess now we're started a correction (small bear market) and this is where i am watching and planning for the next bullish trades. I am not looking for puts because we're in a giant bull market, and the rule is "TREND IS YOUR FRIEND)
Levels ill be looking for calls:
-1320 usd
-1180 usd
My target: at least 1570 usd
Of course i am waiting for some kind of setup before taking action. Always do your own research before taking any trade
Good luck