Google (Alphabet)
"Google: after the Resistance Zone, ATH" by ThinkingAntsOk4H Chart Explanation:
- Price bounced on the bottom of the Ascending Channel and broke the Descending Trendline.
- Now, it is against the Resistance Zone.
- If it breaks it, potential to move up towards the ATH Zone.
Weekly Vision:
Daily Vision:
Updates coming soon!
GOOGLE long trade - (do not) rush into itHello traders,
another good opportunity in the stock market - and that is GOOGLE. ( NASDAQ:GOOG , NASDAQ:GOOGL )
We see strong patterns and support levels there. But do not rush into it! Why?
Because we have to w8 for the confirmation! The market spent too much time below the VERY strong trend-line, which means we don't know if it is valid Support or not.
Have good trading.
FINEIGHT team
Short Ideas: $COST $ARES $GOOG $FBDuring my last stock market analysis yesterday, I had identified some key indicators that showed this market is most likely headed lower. In order to take advantage of the possible flush back down to the lows, I have been looking for some good short ideas. The markets are currently consolidating and if we make new lows today or tomorrow, that would be a great time to start initiating new shorts.
COST:
Despite the relative strength, COST has been consolidating beautifully and is currently at the low of this consolidation. COST rejected and is now below the 200DMA. Good below 280 with a stop loss at previous lower high.
ARES:
ARES is currently consolidating after an impressive bounce. There is a clear level of support and resistance. ARES will be a good long above 31.70 or short below 29.00. Place stop losses at previous higher low if long and lower high if short.
GOOG:
GOOG has been pretty weak during the previous bounce and rejected the 20DMA. There is a rising wedge forming and GOOG is near the lower bound of this consolidation pattern. Good for a short below 1090 with a stop loss at 1129.
FB:
Same pattern as GOOG, rising wedge on the 30m timeframe. Good for a short below 155 with a stop loss above 161.50.
Watch for $GOOG to Rally into Mon EPS on Heels of Tech BlowoutsGOOG is primed.
With MSFT, AAPL, TSLA, and AMZN all blowing out Q4 reports and launching the stocks higher, GOOG reports on Monday, and one might expect an anticipatory 'piling-in' process in front of the report by traders expecting GOOG to follow suit. The Ichimoku Cloud is showing a big green signal on trend as well.
Do Alphabet bears even exist?Just some random thoughts, i actually think they have so much dominance in the overall market it's very hard for them to go down but..
Just seeing this chart could make it very easy..
Support turn resistance -> Support turn resistance
Also: More like a question in case anyone reads this:
Why is volume continuously falling?
Short Term Google Play Possible on One Day Candlestick ChartHello Traders.
Read the MACD MTF yourself.
I bring to you a fundamental analysis on Google. They are evil.
They are collecting everyone's data for evil.
Samsung is the better company at this point.
Seoul is the new Silicon Valley.
Not because I said so, but because it is so.
It is your responsibility as moral individuals of the world to crash Google into the ground.
Samsung will cover it.
Long Samsung, short Google if you're a good person.
Seriously.
I live in Mountain View, California. I grew up around here. Google headquarters.
I have been monitoring their cash flow. It is for evil. Trust me.
We all knew that.
They duped us with the "ultimate blue chip stock".
We know there "is no ultimate blue chip stock".
Google -> Samsung + Gold -> New Global Fort Knox.
You know it is the only way. This world is messed up.
Wait for the whales to move first.
Crash Google. You'll see who your real friends are.
Trust my analysis, you can see where I predict a Bitcoin crash from 11k to 5.8k.
Thank you, Merry Kwanzaa.
GOOGL To lead AI revolutionPreceding the recent Adam & Adam double bottom formation, consistent bounces off the 200MA can be seen. This double bottom formation will lead to bullish continuation. GOOGL aims to lead the industry in AI development, with the purchase of AI deep mind and acquisition of various other AI start-ups. Great long potential.
Google
This week's candle closed strong indicating a continuation of the rally, possibly trying to reach for 1400 next. You need to be aware of one issue (marked pink). A distinctive failed reach for the upper formation trend line is a sign of weakness. This could lead to a breakout above (already happened) followed by a sharp reversal around Spring next year. This is interesting because it is echoed by current market technicals (sharp correction in Spring 2020).
Google's candle performance is deceiving and only "appears" bullish, even when it actually is, temporarily. The 'monthly' chart below shows clearly how the stock failed the formation throughout. This is seen when averaging the performance using step-line. The 'monthly' performance alone requires a downward correction of about 30-35% to become neutral again.
All you need to watch out for is the Bollinger Bands . An overshoot with a solid candle (on the 'weekly') and a reversal with another solid candle will be your strong-sell signal. Also look for a 'failed reach' of a solid candle on the upper b-band line.
The stock is bullish as long as it trades above 'a'. Close your long position if it closes below. Strong-Sell if it closes below 'b'.
I never liked this stock's technicals. But it's been requested by a few, so I will revisit this post continuously with updates if there's anything new & mentionable.