GooGusd are you rdy for buy 🧨👌❤The big company Google has been using the downward trend of gold for days and for now it will have an upward trend for its shareholders.
Dear Americans who are Google shareholders, do not hold your shares until the price of $152.10.
The downward trend of Google will start from the price of $152.10, and for a long time, Google will sink into financial stagnation, and the expected decline for Bill Gates is $69.
These days, Bill Gates will sell Google shares as much as he can and will start buying when Google shares fall.
Google (Alphabet)
Is GOOG ready for bullish continuation?GOOG has had a good month thus far rising about 9% and relatively strong compared with
QQQ ( black line on chart) as shown on this one-hour chart. The past couple of days it has
rested in consolidation at the upper volume shelf on the profile. The stochastic RSI has the
lines low below the oversold /undervalued line of 25 and "curling up" suggesting they are about
to cross. The 24 hour running average volume indicator shows stable volume at a level higher
than April. No matter it may be overextended, GOOG has consolidated to base the next leg
up. Its high liquidity and low spreads make for a long entry of stock or call options.
GOOG - Breakout Falling Trend Channel- GOOG has broken through the ceiling of a falling trend channel in the medium long term.
- This indicates a slower falling rate initially, or the start of a more horizontal development.
- GOOG has support at 106 and resistance at 123.
- Positive volume balance strengthens the stock in the short term.
- Overall assessed as technically neutral for the medium long term.
*EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price
*Chart Pattern:
DT - Double Top | BEARISH | RED
DB - Double Bottom | BULLISH | GREEN
HNS - Head & Shoulder | BEARISH | RED
REC - Rectangle | BLUE
iHNS - inverse head & Shoulder | BULLISH | GREEN
Verify it first and believe later.
WavePoint ❤️
QQQ & Nvidia Stock Rising Wedge Resistance | CPI | GOOGL Event - NASDAQ:QQQ rising wedge pattern hitting resistance top this morning,
- NASDAQ:GOOGL 's AI event helped market bounced off todays intra-day low
- GOOGL talked about NVDA a little in its event making NVDA pop a little bit
- NASDAQ:NVDA also close to its top of the rising wedge
- CPI came in 4.9% estimate was 5% so came in slightly cooler
- PPI and jobs data tomorrow 8:30am EST
Google-> BreakoutHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Google stock is finally breaking above a major previous weekly support/resistance level exactly at the $105 area.
You can also see that weekly market structure and moving averages are bullish, the next major resistance is sitting at the $120 level and it overall seems like the bottom is in for Google so I just do expect more continuation towards the upside.
On the daily timeframe you can see that with today's candle Google stock is up almost 5%, creating a massively bullish breakout and breaking all resistance towards the upside so I am now just waiting for a retest of the $105 level and then I do expect more continuation towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
GOOG Cup and Handle FormationGOOG price is after a consolidation in price which lasted since beginning of November 2022 starting to look bullish. It is currently testing it's 200 moving average which is sitting at $103 per share price range. If the pattern is formed properly and bulls take over, we could see a potential rise in price to the $125-130 level.
Things to watch and consider:
1. My personal buy point for the GOOG stock would be retest of the 200MA, price levels between $102.5-$104. This buy will be 30% of the planned acquiring of the GOOG stock.
2. Second buy point would be above last known resistance sitting at $108.4 - $108.8 price range, which is also considered as top of the Cup and Handle Formation.
3. If this scenario is set to be false, my stop loss for this position will be just under the 200MA, sitting at price range between $102.5 and $100 per share.
4. If the scenario according to technical analysis seems to be working, my profit target would be in range of $125 to $127 per share, with possibility of moving my take profit level even higher if price is starting to move higher.
Just for everyone's thoughts, this is not financial advice and I am not a financial advisor, please do your Due Diligence before investing your hard earned cash.
4/28 Watchlist + NotesShort Watchlist today. Will go into details from this week on sunday nights list for next week.
SPY - Wanted consolidation or light pull back today and got a massive green day instead. Overall was not expecting this, but to be fair with the amount of dropping we did back to back leading up to today, I think it was fair to see this kind of range. Anyone who played the 2D-2U daily reversal should have made solid profits today. Overall going into tomorrow I am hoping for an inside day to end the week, but with the 2-2 reversal we have now created, we must look at breaking today's high to send us even higher. We have crossed back over the BF midpoint, but the weekly remains a nice red candle so we may not get to see the top of the BF range again. Also worth noting we start a new monthly candle next week so volatility may be high as we finish the weekly and monthly candles
Watchlist:
U - 2-1 at the bottom of a broadening formation drawn a while back. Looking for upside
ARKK - 2-1 at the bottom of a daily trendline for it's 3rd touch. Looking for upside as well
Personally did not trade today and had a super busy day with finals (Done with school for the semester btw), but will be back at it tomorrow and all of next week.
Apologies again for the short list. I will be sure to include all details from this week on my watchlist for monday whenever I get around to posting that this weekend.
Good luck finishing out the week/month strong as always
GOOGL Alphabet Options Ahead of EarningsI you haven`t sold GOOGL here, to buy it cheaper later:
Then analyzing the options chain of GOOGL Alphabet prior to the earnings report this week,
I would consider purchasing the $106.5usd strike price Calls with
an expiration date of 2023-6-16
for a premium of approximately $2.17.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
I am interested to hear your thoughts on this strategy.
Google -> Finally The BottomHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Google stock just recently perfectly broke above and is now retesting a major previous weekly structure area which is now turned support at the HKEX:104 level.
You can also see that weekly market structure is now bullish, moving averages are also bullish and the recent price action on Alphabet stock just looks like a solid bottom formation so I simply do expect more continuation towards the upside from the current levels.
On the daily timeframe you can see that market structure is about to shift bearish so I am now just waiting for a clear bullish impulse and break above the daily HKEX:107 resistance before I then do expect more continuation towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
Google -> Ready For The RallyHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Google stock just recently broke above a quite obvious bearish trendline, breaking out of a multi-month downtrend.
You can also see that weekly market structure is bullish again, we already broke above the $100 resistance area and retested and rejected the area so everything seems very bullish on the weekly timeframe.
On the daily timeframe you can see that Google stock is retesting previous daily resistance at the FWB:108 area so I am now just waiting for a simple break and retest before I then do expect more continuation towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
4/10 Watchlist + Notes Initial Thoughts - Solid week last week, questionably bullish this coming week, lots of finance/bank stocks report ER this week, CPI this week.
SPY - On Wednesday I mentioned on my watchlist that I was cautiously bearish for a few reasons. Turned out my suspicions were valid because we pushed lower early on in the day Thursday before pumping the rest of the day to create a bullish engulfing daily candle. I was really hoping this wouldn't happen, but we play the cards that we are dealt. Going into next week, and specifically monday, I am looking for a move to the upside. I am still hoping we overall head lower on the week, but it seems like we could be due for a retest of that 412 level we touched on last week. I have upside targets loosely set at the 410 and 412 areas. I am still remaining cautious as we are still at a critical level on the longer time frames, CPI data comes out this week, and there are some heavy ER reports coming from the financial sector, which could all make this coming week very volatile. OVERALL BIAS: Skeptically Bullish. I think we test 410 for sure either in premarket or RTH. Once again, I am basing my bias on what is in front of us, and what makes the most sense for the next session. Expecting this week to be very volatile
Watchlist + Bias:
AAPL - 2-1 Daily: Neutral
PFE - 2-1 Daily: Neutral
BIDU - 2-1 Daily: Bearish
PEP - 2-1 Daily: Bullish
BABA - 2-1 Weekly: Bullish
CRM - 2-1 Weekly: Neutral (Sitting at FVG on weekly)
SQ - 3-1-1 Weekly: Bullish
Main Watch:
SQ - Was watching this one last Thursday and we didn't go anywhere. I have high hopes that we will break out to the upside this week. Entry around 70, stop below 66. Targets around the 80 and 83 area. Simple as that. More to be said about this one come end of day monday, but for now, we are going into monday off of a bullish engulfing candle on the daily.
Previous main watch:
SQ - not a winner or loser. Explanation above
Stats from last weeks watchlists:
4/4 on SPY predictions
3/4 on Main Watch Plays. (technically 4/5 but im not counting thursday)
Top winner: DOCU (400%+)
Personal Stats:
4/5 Win/Loss (80% Winrate)
Overall green week
Slow start but finished well
Good luck tomorrow. Watch SPY and VIX at all times throughout the week
GOOGLE (GOOG) Trade UpdatesRecap on my position on Google, Apple and Facebook, the 3 bit techs I have in my portfolio.
Google spectacular entry and obviously also lucky. ($85.94)
There is still a long way to go, for a share that from the highs of February 22, at the time of my entry had lost about 45%.
I remain in position with a generous 20% profit, there is a lot of volume structure to recover, and it is not yet the time to bring home part of the profits.
As always, I give some indications purely for personal purposes:
Short-term target: $115
Medium-term target: $125
Long-term target (mine): Historical highs
So I find myself holding the stock indefinitely, I’ll take home something for $125 to cover operating costs but I don’t want to do anything else.
If the price retraces I have other entry levels that I mentioned in previous posts.
I also leave my update on Apple (up 23%) and Meta (+18%).
All in all, a good month.
Keep moving forward!
Happy trading
Lazy Bull
3/30 Watchlist + Notes SPY - Interesting day on SPY. We said yesterday that the markets could realistically go either way, but we were watching more so to the downside due to the failed 2U formed on Monday that was followed by a 2D yesterday, and having that small bearish bias by simply playing what is in front of us vs using other reasons for bias. SPY ended up gapping up premarket and closing green on the day with little to no upside wick. Based on today's movement, I believe that we will see some continuation to the upside tomorrow. With that being said, we still have the gap created in premarket to fill. I think that we will test last weeks high at 402.49 either tomorrow or Friday, but I do think that it will happen at some point sooner rather than later. I am open to playing both sides tomorrow, but it will depend on whether we break today's high and test last weeks high, or if we break today's low and try to fill that gap to the downside. It is worth noting also that we are sitting on the weekly upper trendline Final thoughts: I am forced to have a bullish bias for tomorrow, which I believe to be about 75% valid. I still think there is a chance we fill that downside gap before pushing higher
Watchlist + Bias:
AMD - 2-1 Daily: Neutral
COST - 2-1 Daily: Neutral
PFE - 2-1 Daily: Slightly Bullish
GOOG - 2-1 Daily: Neutral
NFLX - 2-1 Daily: Bullish
JNJ - 2-1 Daily: Slightly Bullish
FDX - 3-1-2U Weekly: Bullish - Today we broke out of the 3-1 weekly setup to the upside. Looking to target 226.06
Main Watch:
JNJ and GOOG
JNJ - Weekly chart is indicating we have hit a low and are looking to reverse to the upside soon. Going into tomorrow, I am hoping to see us continue up to the 154.13 level before hopefully taking out 154.54
GOOG - GOOG has room to both sides. There is a large FVG on both sides as well that relate to my targets for each side. To the downside, we have a daily FVG at yesterdays low of 100.28. To the upside we have a FVG starting at yesterdays high of 103.00, and I also have a target at the 50% retrace of that upside FVG at 103.87. Both of these targets are easily attainable in my opinion for tomorrow depending on which side we break out to. I don't have a bias as to which side id rather play, but I think that it will more so depend on how the markets are moving as a whole tomorrow. Remember, with these 2-1 setups, we are looking to play WITH momentum and not fight it.
Yesterday's Main Watch:
MRNA: (Status:) Loser (Personally Trade?) No
MRNA broke yesterdays high within the first 5 minutes of market open, which is not what we were looking for. We were looking to play downside only, and because of this movement, we did not enter. It is worth noting that both times MRNA broke yesterdays high, it was almost immediately shot back down, which shows that we would have gotten smoked if we tried playing upside. This is a good example of why we look at longer time frames like the weekly and monthly to develop a bias, and then stick to that bias.
Watchlist Stats For The Week:
2/3 on SPY predictions
2/3 on Main Watch Plays
Top Winner: NVDA (75%+)
Personal Stats:
4/6 For The Week:
Overall Green/Red?: Green (Day and Week)
Google -> The Stock Is BackHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Google stock has been trading in a range for quite some time now, you can also see that the upper resistance of this trading range is exactly at $105.
You can also see that we are currently again retesting this resistance area, from a weekly perspective the market seems definitely ready for a breakout so I think that this time Google stock will actually break above this key resistance area.
On the daily timeframe I am now just waiting for a breakout above this resistance area and if we then get a retest and bullish confirmation, it is quite likely that from there we will then see more continuation towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
Alphabet Price Prediction 2023 (LONG)Alphabet Long price prediction for end of 2023 following Gann analysis and Fibonacci retracement, as usual.
LEVELS
Conservative: 98.30 USD (+ 9%)
Moderate: 103.40 USD (+ 13.7%)
Most realistic: 107.3 USD (+ 17.9%)
High Risk ( out of Fibonacci ): 113.3 USD (+ 24.46%)
Unrealistic ( still inside of Gann ): 130 USD (+ 42.75%)
𝗧𝗲𝘀𝗹𝗮 𝗨𝗽𝗱𝗮𝘁𝗲: $TSLA Daily. 180 Support Lost5 waves down all the way to ~100 to end 2022. Huge bounce all the way to 200dma and key resistance area that has rejected. 180 support failing ... looks like we'll move towards the gap fill at 145
Through the first 2 months of 2023, retail investors have bought ~$10B worth of Telsa, more than any other stock/ETF (compared to ~$4B of $SPY). What could go wrong? 🤓
$QQQ $NQ_F $NDX $AAPL $MSFT $GOOG $AMZN $SOX $ES_F $SPX $TLT $TNX $VIX #Stocks 📉
The GOOG ... RevisitedI had published an idea on GOOG in August suggesting one more decline to finish the correction. Here I am again suggesting the same.
It looks like a double zigzag correction has unfolded... There should be a move to the lower channel line ahead...a pretty significant move.
Position a short on a retracement at a little higher price? You could use a price over the white trendline as a stop point.
Here is a weekly using candle bars for an alternate view
Possible Adam/Eve double bottom The pattern appears to be an Adam/Eve double bottom with a breakout target to ~ 120. The price broke out of the Eve on strong volume. The price is currently retesting the price between Adam and Eve. If the price holds 94/95 then hopefully the price action will play out. I am not sure where a SL would be placed, but the risk/reward here is good with a tight SL.
Only negative will be the CPI print next week with its usual volatility.
Not financial advice.
Google what's next?If $GOOG does not implement, in its search engine, within the first week of March 2023, a competitor to ChatGPT, then IMO, their revenue will hurt in Q2 of 2023, and in my estimation, their Q1 2023 revenue will also be a disappointment. The stock price could be headed to $71.20 in the near future.
LONG Term GOOG DCARe-entered the market after several months on the sideline waiting for longer term indicators to look positive.
I believe this is a suitable spot to start DCA again into high conviction companies and stocks.
High conviction in the company for the long term✅
Money flow on the monthly in the red ✅
RSI Oversold on the monthly ✅
Trading around significant support (@0.5 AT Fib)✅
Market Cipher on the monthly around the 'buy-zone' ❓*
*Market Cipher not yet indicating buy, however, weekly green indicator with the above indicates the monthly buy-signal is near - hence comfortable to DCA as within my personal risk tolerances)
** NOT TRADING OR FINANCIAL ADVICE **