Google (Alphabet)
#GOOGLE,GOOG (Alphabet Inc.) Analysis+SignalAs we can see in the graph, we have returned to the buying trend for several days already! We recommend entering a Buy position for several reasons with a very specific target:
1. The price crossed the moving average 200 (Buy Signal) In the daily graph
2. The price crossed the Kijun Sen In the weekly graph
3. The price will seek to reach a psychological goal to test the power of buyers found in 1180 see the graph above
Buy Google
Entry Price:1123
Take Profit: 1180
GOOG Bounced Off Support, Potential Rise!GOOG bounced nicely off its support at 977.71 (100% Fibonacci extension, 76.4% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 1125.29 (horizontal swing high resistance).
Stochastic (55, 5, 3) is bounced off near its support at 8.2% where a corresponding rise could occur.
YNDX potential growth startYNDX market cap. 10.4B vs GOOG market cap. 756B
YNDX has potential to grow compared to tech giant GOOG
Long term idea without predefined stop loss and target profit.
Disclaimer: I do not provide investment advice and I am not a qualified licensed investment advisor.
SPX Crucial support at 28.62If this doesn't hold, say bye bye to a positive EOY. In my opinion, with the exponential gains of the #FANGS, GE downfall, trade frustrations, etc etc, it is a great time to short this right here. Pick your poison. GE short has done well for me so far, but don't fall in love with one chart and not see greater potential. AMZN and NFLX primed for disaster, among others. Mid caps fall faster than large caps in a downturn, generally. Keep that in mind. Happy shorting.
FB AMZN NFLX GOOG
GOOG: Watch the $990 neckline Technical analysis 101 wrapped up in one chart for Mr GOOG:-
#1 $990, a previously key resistance is now a key support level
#2 how crucial is the $990 neckline? It is the base of an expanding triangle formation more commonly known as the Megaphone pattern which is bearish in nature
#3 Where's all the volume gone???
I know there are some HODLRs out there for Mr GOOG but the writing is on the wall. Sell when you can, not when you have to.
AMZN - Have we reached the top?Labeled some key levels of significance and used a fib retracement chart to estimate landing zones.
Prior mini-tops retraced to about the .5 fib level. The larger cycle correction could also obey this level but may drag lower to the .618 range, which is why I gave a range for where the price could land.
~1600 is a key level of significance, if it breaks we will be going much lower.
The real question is, can amazon reach ATH? Watch the volume carefully when we have the bounce back up. Should be good indicator for remaining bull strength.