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GOOGL

Likely Bullish next wave - Google (GOOG OR GOOGL) Likely!IMO GOOG started dropping and formed a bearish flag. Flag was broken downwards, but instead it started moving upwards. If bear flag pattern have truly applied, then it should have started dropping at this point towards 84 to 83 level. But it didn't. So IMO flag was already broken and it transition to Megaphone pattern. And this would make sense with strong down drop. Hence I am thinking there would be strong bullish move upwards. And later after small drop on wave 5, stock will break Megaphone and move upwards. Any thoughts? Or time will tell.
NASDAQ:GOOG
by coew
1
Alphabet heading to support? Alphabet Short Term We look to Buy at 106.02 (stop at 102.75) Preferred trade is to buy on dips. Trading within the Channel formation. Previous support located at 106.00. There is ample scope for a move higher from this important support. Our profit targets will be 113.59 and 118.25 Resistance: 119.00 / 125.00 / 142.00 Support: 108.00 / 106.00 / 100.00 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
NASDAQ:GOOGLLong
by Saxo
GOOGLE - 4 REJECTIONS OFF 120 -SHORT TO 105 BY SEPT 4 rejections off 120 Not Participating in Tech Rally = Weakness MACD Histogram negative – Divergence RSI Overbought IF = Google BREAKS - VWAP AT 117 Bear Put Spread - 117 / 105 - 40% PROBABILITY = 1 RISK FOR 3 REWARD Potential Sept 3 Exp THE BIGGER PICTURE FOR GLOBAL TECH IS OVERBOUGHT AND NEGATIVE CPI NEXT WEEK FED HIKE SEPT TIGHT JOB MARKET = HIGHER WAGES AND COSTS GOOGLE LAYOFFS EUROPE RECESSION CHINA SLOWING WAR AND TENSIONS
NASDAQ:GOOGShort
by CapeAfrican
****spy is at a very critical level make it or break it week ***Looking at the weekly chart on the spy it appears that it is a make it or break it week…notice how the candles on the weekly r very identical to the last rally, if spy can’t break out this week then this will be a double top pattern and the drop would be severe (lower lows), alternatively if the spy holds and breaks out to upside then the rally will continue and $430 will be the target…cpi data on Wednesday could be the deciding factor…best of luck to all.
AMEX:SPY
by Wastenotime
Alphabet | Fundamental Analysis | Long | MUST READ Alphabet stock is down about 16% over the past 12 months as investors worry about the macroeconomic problems of its core advertising business. Rising interest rates and a looming recession have also put pressure on the stock. But that short-term factor aside, Alphabet stock looks historically cheap at 21 times projected earnings. For the foreseeable future, the company will continue to dominate the markets for search, digital advertising, streaming video, Web browsing, and mobile operating systems. Although its cloud business is smaller than that of Amazon or Microsoft, it may also continue to grow. So selling Alphabet just because its advertising business is going through some tough quarters could be a mistake. Let's take a closer look at where the tech giant's stock could be headed a year from now. In the second quarter of 2022, Alphabet generated 81 percent of its revenue from Google's advertising business, which includes its main search engine, ad network, and YouTube site. "The Bears argue that this business will struggle in the face of rising inflation and slowing economic growth. Google's ad business growth has certainly declined over the past year, but it is still growing year over year (YOY). In this segment, YouTube initially grew faster than Google's search and advertising business. However, YouTube's growth slowed in the first half of 2022 as it struggled to match the post-pandemic recovery in ad sales a year earlier. When Google's ad business weakened at the start of the pandemic in the first half of 2020, the company relied heavily on Google Cloud growth, which was offset by lockdown trends and the growing use of cloud services. Google Cloud continues to grow at a faster rate than the advertising business, but it is also losing momentum and is not growing much faster than its larger peers. Amazon, which leads the cloud race with Amazon Web Services (AWS), increased its cloud revenue 33% from a year ago to $19.7 billion in the most recent quarter. Microsoft's total cloud computing revenue, including its Azure cloud platform, rose 28% to $25 billion in the latest quarter. This is troubling because Google Cloud is not yet a profitable company, and it may have to offer the lowest prices and aggressive promotions to keep up with Amazon and Microsoft. Simply put, it's not a solid crutch for Google to lean on if its advertising business ever stagnates - because an increased share of cloud revenue would likely result in lower overall operating margins. Alphabet expects its advertising business to continue to face difficult comparisons with the recovery from the lock-in through 2022. The company also expects the growth rate of its cloud business to slow in the near term as macroeconomic factors will cause some customers to either spend less money or put off purchases. Alphabet hasn't provided exact projections for the rest of the year, but during a recent conference call, CEO Sundar Pichai said the company will "slow down hiring and increase its focus." In other words, the company is preparing for a slowdown by cutting back on fat but expects total capital investment to increase in 2022. In 2021, Alphabet's revenues and earnings were up 41% and 91%, respectively, as the company recovered from the pandemic. But this year, analysts expect the company's revenue to grow 13% and profits to fall 8% from this difficult period. In 2023, they expect revenue and profits to grow 12% and 16%, respectively -- assuming the current risk factors subside. We should take these estimates with caution, but they indicate that Alphabet's slowdown is likely to be temporary, and its core businesses will continue to grow. Alphabet stock is unlikely to take off in the next 12 months - because at the moment it just seems reasonably valued, not undervalued - but it will definitely go up in the next few years.
NASDAQ:GOOGLLong
by FOREXN1
3
Google: Searching for lower pricesAlphabet Short Term We look to Sell at 118.12 (stop at 121.10) The medium term bias remains bearish. The sideways consolidation continued although the market managed to post a significant high at 120.00. Trading within a Bearish Channel formation. Further downside is expected and we prefer to set shorts in early trade. Our profit targets will be 104.19 and 101.01 Resistance: 119.00 / 125.00 / 142.00 Support: 110.00 / 104.00 / 100.00 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
NASDAQ:GOOGLShort
by Saxo
1