Google (Alphabet)
GOOG/AAPL spread reached all time lows! Correction expected!After AAPL reported strong earning; and announced the 4:1 split, incoming volume has drove share prices to all time highs. Its possible money is flowing out of certain tech(Goog,Nflx,ZM) and into this beast. This move does however look exaggerated. Looking for the spread to test $5 again, at the very least, $4.
TSLA volatility income!This equity has had plenty of time to consolidate at near the physiological support of $1,500. Descending wedge pattern and negative RSI divergence insinuates that a correction to the $1,300 could be seen this week. However, with price action supporting the current level very strong the last 2 weeks; a test to $1,650 is well within the range of possibilities. Regardless, volatility is to be expected. Straddles look objectively cheap with the current IV. Food for thought!
BTC consolidating in minor channel. Looking for retest $12,000!After a slightly less volatile week, BTC has pulled back from testing the $12000 price level. Analysis of Trend lines, RSI and general supply/demand suggest the retest to $12,000 is more likely then not! Looking for price action following this retest for double top formation and possible short entry. Fail
$GOOGL - Head & ShouldersAs I'm publishing this, $GOOGL bulls and bears are currently fighting it out as the bulls try to retest and regain the trendline support and H&S's base.
Volume and CMF behaved as expected with a H&S. OBV still abiding by trendline support.
Green channels are where I would consider taking bits of profit based on multiple fib levels (regular and trend-based), a fixed volume profile of the most recent range below, and the H&S objective of 1384.84 (purple line).
GOOG now short but still long?Hey everyone,
Google made it's way to ATH but now the party is over, at least for a short time. As you can see there is a SHS formation and the reaction was bad. But the stock will face a few support zones, as the yellow lines and the green box, as well as the Fibo Retracement, shows. The DEMA and SMA also show a short signal since friday. BUT chances are good google turns back long after hitting the green box.
Entry: 1441$
Stop: 1400$
Goal: 1622$
Much fun with that trade!
Leave a follow, my goal is 200 :)
TECH BUBBLE 2.0The tech Crash in 2000 took 3 years to bottom out... and longs lost 80% in that time.
The 2008 financial crash took 2 years to bottom out, and longs lost 57% in that time.
The 2020 crash... oh, I think it hasn't even started yet... I would stick to short positions or day/swing trading... and I wouldn't even consider going long on anything until the Lower Bollinger band is hit on the monthly chart... currently at 5991
I think we all know what's coming... It'll be a fun ride if you're prepared in either direction.
GL.
GOOGLE INVESTING LONG TERM , TARGET $1900 (HOLDING) GOOGLE has passed the peak of the era and there are " SHS " variants, even though it is not, but I still consider this a good model with the
characteristics of "SHS". This is based on my experience over 7 years of delivery. Translate, everything is right
vs GOOG now, good time to buy investment.
GOOG buy : $1550 +-5
GOOG target : $1900
Stop loss : 10% .
Good investment in Google!