Google triangle, up or downLooks like a very clear triangle, like every triangle it can always break out both ways. When looking at the bigger picture i would say we will break upwards to retest that red resistance zone, which would form a bigger bear flag if the gets rejected there. I will wait for a clear breakout before taking a position on this one.
Alphabet
Be careful shorting before the topIn my chart analysis I indicated my future expectations for market movement.
I know that my perspective is that of the minority, but it's always worth looking at the market from a different perspective, as it may just save you from a massive loss.
As always this is simply for educational purposes and not financial advice*
Good luck trading,
Zerotozeros12
Expect google to reveal positive earnings!October 25th google will post their earnings; I expect that they will be positive (along with many other leading tech sector companies). This will lead to one last rally in the market.
I indicated on the chart where I see Google reaching out to, prior to a massive throw over following shortly after. One second the whole market will be elated by new highs and the next second bear selling will completely devastate any that are holding longs. I will likely close my position slightly ahead of target and begin opening shorts around 1450 and double down as we get closer to target. I know my perspective is that of a minority, but I believe that it is worth considering before fully committing to a bearish mindset.
*As always this is not financial advice and is intended for educational purposes only.
Let me know what your thoughts are on the market and where you see us heading!
Good luck trading,
Zerotozeros12
Alphabet Inc., Daily Chart Analysis 9/12Stock Analysis, Implications and Outlook
It's a proven fact that investors and traders have been swimming in a long bull stock market. Together with extreme caution to the wind, way too many investors and traders have learned to expect robust double-digit results from their trades.
However, this isn't how the stock market operates. The marketplace advances it also contract as well. With lots of investors and traders discovering that they've been a tad too quick to ignore the painful lessons of the 2008 financial meltdown. Throughout the severe financial and economic crash, there seemed to be only one question which often market players were considering to know: what is the balance sheet really like?
Having said this all, Alphabet unveiled its Q2 2018 earnings on 23 of July. The participants, in the beginning, welcomed its good results with much excitement and its stock rallied post-earnings solidly by completing the inner Stock Rally of $1273 .
Then, ever since, its stock price has deflated and given back plenty of its gains, and at the same time significantly underperformed its NASDAQ benchmark within the previous month.
By validating the negative sentiment, the stock has completed decline to its outer Stock Dip $1160 . This signalizes a slower rising rate, but may also be an early warning about a possible up-trend shift and rapid rise to Mean Resistance of $1207 price level ( Scenario 1 ), while Key Resistance $1250 is looming above.
Due to completion of the Stock Dip, and performing small dead-cat-bounce act there could be additional decline to test Mean Support $1139 ( Scenario 2 ). A reaction to this level may hold a great opportunity to go long.
GOOGLE ($GOOGL) - Divs, divs and more divs. Which side will win?A quick glance at the Google chart shows clear, long term bear divs on both the weekly and daily time frames. This "correction" was long due, and is resulting in clear hidden bullish divergence (yet to be confirmed) on both the weekly and daily charts. Price touched a major demand zone, making this ripe for a bounce if the market behaves, and tech stocks do not continue their dip.
GOOG: AlphaBet A Defining Day Ahead AlphaBet GOOG Defining Day Ahead
This turned a little tricky on Friday. A mean/invisible gap on the 15 minute chart and not even there on the 60 minute completely arrested the decline fully 8 bucks above the 1180.85 target line.
The stop was then lowered to 1201 to protect what was left of the profit from any shorts from the 1206.28 line - the original gap line.
The mofo then rallied right back up to kiss the gap line again and left a little spike at the line before falling back again.
Looking at the chart in isolation this still looks bearish and it should fall away to make a proper test of the 1180.85 line.
But it's going to move on news and right now in very near term hopes of a peace deal with China on trade could help GOOG gap up on the open and to jump the 1206.28 line in one bound.
If so it has to hold up from there on any retest.
Only then will Goog (and markets too) be out of clear and present danger.
That looks best case scenario from here...
As the chart currently stands Goog will remain vulnerable whilst trapped below the 1206.28 gap line.
Whilst unable to break and hold above here then markets should also find difficulty in advancing further from this point.
It's still weak whilst trapped inside the channel shown on the chart.
Maybe it will open just around the gap line and maybe twitch either side for a little while - which way it breaks from there will be most likely decide the direction of major markets too.
But on an overall view, this ended last weak looking weak still. Its only way out from here is to gap up and hold above that key gap line on retests.
Right now GOOG looks like it will continue to be the bellweather for markets in general, the canary in the mine.
Hopefully it will help to determine direction for Nasdaq and SandP and other majors and be as helpful as a confirming signal as it has tended to be in the past.
For fastest updates on stocks and major markets please see link at top-left of main page.
Trading Strategy for Parabolic Markets [Part 2]In Part 1 I outlined an approach that I have been working on that's aimed towards trading parabolic markets. Now we look at some trades!
Amazon
Daily
Notes: Hyperwave Phase 4 if it supports throwback to prior ATH’ | 10 MA > 50 MA > 200 MA | Daily ADX recently crossed 25 | Weekly ADX = 37 and is currently crossing +DI | Daily RSI = 61.46 & Weekly RSI = 74.78 | Cluster of support at $1,720 from: prior horizontal resistance, 50 day MA, phase 4 hyperwave, the weekly and daily TDST levels, weekly Tenkan-Sen and the daily Ichimoku Cloud.
Q-2 Earnings Report: Expected earnings per share: $2.49 vs $5.07 actual earnings per share for a +103% surprise.
Time Analysis: Horizontal meets trend on 8/6/18
Possible Entries: Blind order at $1,720 | Buying consolidation at horizontal + trend + 50 MA + cloud support | Waiting for green 2 to trade above green 1 on the daily
Microsoft
Weekly
Notes: If it supports throwback to prior ATH’ then phase 3 is confirmed | 10 MA > 50 MA > 200 MA | ADX > 25 | Weekly RSI = 71.14 | Daily RSI = 59 | Cluster of support at $102 from: prior horizontal resistance, 50 day MA, phase 4 hyperwave, daily and weekly TDST levels, weekly Tenkan-Sen and the daily Ichimoku Cloud.
Q-2 Earnings Report: Expected earnings per share: $1.07 vs $1.13 actual for a +5.61% surprise.
Time Analysis: Trend meets horizontal support on 8/10
Possible Entries: Blind order at $103 | Buying consolidation at horizontal + trend + 50 MA + cloud support | Waiting for green 2 to trade above green 1 on the daily.
Risk: 5.31%
Potential Return: +92.5%
Risk:Reward = 18.5:1
Alphabet
Notes: Tyler Jenks said that he is waiting for new ATH, throwback and new ATH to confirm phase 4 of the hyperwave (pink dotted) | 10 MA > 50 MA > 200 MA | Support cluster at $1,196 from: prior horizontal resistance, phase 4 of the hyperwave, daily and weekly TDST level, weekly Tenkan-Sen & Kijun-Sen and daily cloud.
Q-2 Earnings Report: Expected earnings per share: $9.45 vs $11.75 actual earnings per share for a +24.34% surprise. Better than expected earnings despite $5B fine. $32.66B in Q-2 revenue vs $26.01B during Q-2 of 2017. Expected: $6.7B income on $25.6B in revenue. $8.27B in revenue and $4.54 earnings per share.
Time Analysis: Horizontal support meets hyperwave on 9/17 | Green 3 > Green 2 on the weekly indicates 6 weeks left to the upside.
Possible Entries: Blind order at $1,198. Buy consolidation with reversal candles at support cluster. Wait for green 2 to trade above a green 1 on the daily.
Risk: 10.5%
Potential for return: +92.5%
Risk:Reward = 8.8:1
The Boeing Company
Notes: Hyperwave phase 4 | 10 MA > 50 MA > 200 MA | ADX < 20 while price consolidates inside triangle | Currently getting support from daily cloud and 50 day MA | Weekly RSI = 64 | Daily RSI = 55.61
Q-2 Earnings Call: Expected earnings per share: $3.45 vs $3.33 actual earnings per share for a -3.48% surprise. $4.7B of operating cash and repurchased $3.0B of Boeing stock. Paid $1B in dividends, reflecting a 20% increase from last year. Q-2 Revenue = $24.3B with a higher volume of commercial deliveries and a favorable mix of services and defense contracts.
Time Analysis: Triangle will be 66% completed on 10/30 and that is the most likely time for a breakout to occur.
Possible Entries: Breakout of $380 that is supported by volume | Throwback to $380 on decreasing volume | Green 2 > Green 1 after breaking out from $380
Risk: 9.16%
Potential Reward: If triangle is a bull flag and 9/5/16 to 2/12/18 is the pole then the target = $617 or +64.53%
Risk:reward = 9.16%:64.53%
Saved the best for last and ran out of room. Will have to make this a three part post.
Alphabet Inc Class A | MAXOUT your SHARES - WAVE IN ACTIONThe partnership between Google and HTC will have several HTC employees join Google's growing hardware division. Google also announced it acquired non-exclusive rights to some of HTC's intellectual property in a separate deal.
Upcoming products by Google will generate enough sale to boost revenue by 100% from Bottom by the end of this Fiscal year,
this October 4th, a new segment by Google will be released under the name of "Pixel 2" and "Pixel 2 XL" the main focus here is to
gather more information about the new upcoming products because they are expected to heal the previous wounds on Alphabet Inc
we'll be updating you with more information as they strikes in,
Let us know in the comment what you think!
Google, Bullish Fundamentals AnalysisAs you can see from the chart, at the moment, Tesla is bouncing between a support and a resistance level. The Bullish Trendline is also playing a key role. Last earnings release was stunning with a surprise of over 40% . Fundamentals are definitely bullish and price action just did a sideways correction.
Everything seems ready for a new strong uptrend that will be only confirmed by a strong break of the resistance area.
Sky is not the Limit
The informations and the strategies discussed are NOT recommendation to buy, sell or trade any securities. They are strictly for educational and illustrative purposes.
Google-Buy on dipsWe like FAANG Facebook , Amazon , Apple , Netflix, and Alphabet
Then we play long with them
Major resistance : All time high , 1200
Major support : 1000
Major trend : Uptrend
Status : ranges in 1000-1200 (It could be triangle form - waiting market to pick direction)
Chance to buy (buy on dips) in area 1000-below
with SL below area 900 TP All time high / higher
Use 1%rule with Google, Margin 100USD : 10000USD portfolio
Google - My #1 StockChart Analysed: Google ( Alphabet )
Time Frame: Daily
Predicted Direction: Long
Google ( Alphabet ) updates will be available in the comments section below.
The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.