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
Google (Alphabet)
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.
Zuckerberg is Bottle-Necking The Entire Collective ConsciousnessI post all these well researched and unique articles all over Facebook groups, but all of them get blocked...
This Fascistic Orwellian censorship is bottle-necking the entire human collective consciousness, and the damage Zuckerberg and his Big Tech Cartel Cohorts are doing to the human collective consciousness is incalculable, and they should be tried in the Hague for crimes against humanity.
Zuckerberg has given the Poynter Institute access to their algorithms so they can decide what is real and what is fake, yet they have shown time and time again that they are just as biased as every other media organization -- maybe even more, and this was displayed clearly for all the world to see when they refused to cover Bloomberg's recent decision not publish investigative reports about Democrats. According to the Poynter Institutes "Fake News Codex", which I am about to show you in the list below, this would warrant labeling Bloomberg as a highly biased news organization, which should result in up to 80% reduced sharability
We should be terrified by the world these Tech Companies are trying to create; a world where the average man and woman will be completely powerless to the ruling elites hypocrisy, fraud, and lies. For awhile, the internet was a tool that enabled unprecedented hyper inter-connectivity, giving the masses a tool to fight back against corruption, but now those days are over. Today, anything that contradicts the mainstream narrative will be deboosted, or even outright blocked, and your account will be banned. Today, if the government says it's true, it is just true, and we will have no way to counter their lies.
The Poynter Institutes "Fake News Codex"
bias: OpenSources: "Extreme Bias: Sources that come from a particular point of view and may rely on propaganda, decontextualized information, and opinions distorted as facts."
conspiracy: OpenSources: "Conspiracy Theory: Sources that are well-known promoters of kooky conspiracy theories."
clickbait: OpenSources: "Clickbait: Sources that provide generally credible content, but use exaggerated, misleading, or questionable headlines, social media descriptions, and/or images."
fake: Fake News Codex: "Sites that are fake,… A site doesn't need to exclusively publish fake content to qualify. In fact, many publish a great deal of authentic material, though it’s typically presented in a biased and tawdry fashion. This 'real' content serves as cover for the fake."
OpenSources: "Fake News: Sources that entirely fabricate information, disseminate deceptive content, or grossly distort actual news reports."
Politifact: "Fake news sites: There's little consistency of content or style among fake news sites — the common thread appears to be that they distribute fabricated content, but the reasons aren’t always apparent."
Politifact: "News imposter sites: Adding to the fog of fake news online, several websites appear to try to confuse readers into thinking they are the online outlets of traditional or mainstream media sources."
Snopes: "Fake News Sites and hoax purveyors… spreading fake news and outlandish rumors" and "false, disruptive claims" that "regularly fabricate salacious and attention-grabbing tales."
satire: Fake News Codex: "Sites that are not necessarily intended to mislead (such as The Onion and its legion of imitators), but that can be misunderstood by naive readers." OpenSources: "Satire: Sources that use humor, irony, exaggeration, ridicule, and false information to comment on current events."
Politifact: "Parody or joke sites: Many of the deliberately false or fake news stories we see in social media feeds begin on websites that attempt to parody real news — imagine the humor website The Onion, but without the name recognition (or often the comedic writing talent)."
unreliable: FactCheck.org: "Websites that have posted deceptive content." Fake News Codex: Sites that are "extremely misleading… We do not include sites that merely have a clear political or ideological bias."
OpenSources: "Hate News: Sources that actively promote racism, misogyny, homophobia, and other forms of discrimination."
OpenSources: "Junk Science: Sources that promote pseudoscience, metaphysics, naturalistic fallacies, and other scientifically dubious claims."
OpenSources: "Rumor Mill: Sources that traffic in rumors, gossip, innuendo, and unverified claims."
OpenSources: "State News: Sources in repressive states operating under government sanction."
OpenSources: "Unreliable/Proceed With Caution: Sources that may be reliable but whose contents require further verification."
Politifact: "Sites that contain some fake news: Finally, some websites appear to get duped like the rest of us."
GOOGL - Almost ready to shortGOOGL (or GOOG) are setup to fail.
RSI is overbought.
Pattern is clearly visible and reaching failure point.
Pattern failure imminent is confirmed by RSI, MACD ready to flip, and price overbought.
Gaps to fill below.
Everything is pointing down on this chart. January 2020 looks like the end of the road up for GOOGL.
I will be re-evaluating this chart at end of December for entry, if not before.
Options are NOT cheap. But payout is outstanding if timed correctly.
Thank you for liking, commenting, throwing up a chart, following, or viewing.
I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts.
Disclosure - I am long MARA, GBTC, BTCUSD, GDX, VIXY
Short SPY and AAPL
Google pullback coming soon ? $GOOG TD Sequential showing a Green 9 and Stoch RSI are turning bearish for Google.
Selling volume is starting to build momentum while buying volume are slowing down.
Which tells me the bears are getting the upper hand over the bulls.
We have gone up for a few days now, maybe a short term pullback is due tomorrow or this week.
FIT FINALLY DID IT & RUMOR ACTUALLY PLAYED OUTFIT stock has been one they've followed since August. It's been a tough one to stomach because of the intermittent breakouts followed by long periods of sideways or consolidation trends. The rumors were initially exciting but then concerning because we didn't really know. But happy to see they actually played out.
QUOTE:
Fitbit stock has been one of the most popular penny stocks on Robinhood since we began including it as a monthly feature.
Fitbit (FIT): Most Popular Penny Stocks On Robinhood
The Top 10 Penny Stocks On Robinhood To Watch For August
Top 10 Penny Stocks On Robinhood To Watch For September
Top 10 Penny Stocks On Robinhood To Watch For October 2019
It has also been covered in countless articles over the last few months as well. Even up until yesterday we were still asking if Fitbit is a penny stock to buy or sell . Regardless, the big news today focuses on the monster deal that Google inked with the active technology company.
ABOUT FITBIT
Fitbit Inc is a provider of health and fitness devices. The company's platform combines connected health and fitness devices with software and services. Its platform includes a family of wearable devices which include health and fitness trackers and smartwatches, enable the users to view data about their daily activity, exercise and sleep in real-time. The company software and services which include an online dashboard and mobile app, provide users with data analytics, motivational and social tools, and virtual coaching through customized fitness plans and interactive workouts.
QUOTE SOURCE: Penny Stocks To Watch: Fitbit (FIT); Readers Win Big
Analysis of GOOGLE 29.10.2019The price above 200 MA, indicating a growing trend.
The MACD histogram is above the zero lines.
The oscillator Force Index is above the zero lines.
If the level of resistance is broken, you should follow the recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 1300.00
• Take Profit Level: 1315.00 (1500 pips)
If the price rebound from resistance level, you should follow the recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 1268.00
• Take Profit Level: 1260.00 (800 pips)
USDJPY
A possible long position at the breakout of the level 109.05
GOLD
A possible short position in the breakdown of the level 1489.00
USDCHF
A possible long position at the breakout of the level 0.9970
EURUSD
A possible short position in the breakdown of the level 1.1070
Nasdaq - Trying to Make Another Run?As the "Trade Deal - Phase One" between the US and China comes into fruition, this piece of news could not have come at a better time for the Nasdaq ($IXIC).
With the Nasdaq brushing up against it's Monthly Resistance Level of 7879.50 (Blue Line), in the midst of an uptrend, the news of a Trade Deal between two economic giants may act as a much needed tailwind to push the index higher.
Furthermore, as we enter earnings season this week, this could be a seen as a "Wild Card", as many firms will begin to be reporting 2019 Q3 results. This will be a much watched earnings season by investors, which comes after a months of volatility stemming from the US-China trade conflict dealing a blow to the global economic environment, and investor sentiment.
The key here is that if earnings surprise to the upside (or are at least not as bad as expected), especially for key tech giants such as $AAPL and $FB, the Nasdaq would get yet another tailwind to push it higher. If not, the index could be weighed down by investors loosing faith at this level and sending the index lower.
Nonetheless, the next few days and weeks are going to be a very important test for the Nasdaq.