GOOGL
Googl Short IdeaEarlier we have seen a very good uptrend from the bullish rectangle forming a rising wedge pattern.
Stay long as long as price stays inside the channel.
Short on breakdown from channel for the given targets.
Also target areas can act as support and be possible reversal zones. Follow future price action.
Target = Blue horizontal ray
Green arrow = Long idea
Red arrow = Short Idea.
Kindly do your own research and enter. Also if we see consolidation in the next few days below the channel then we have to update the pattern.
TESLA above support, price to rise TESLA
price is above support, if price continues to hold above the support I expect the price to move higher towards next resistance.
Push LIKE & SUPPORT the Idea...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Alphabet Overbought on Hourly AHead of QuarterliesGoogle is in the bullish area on the daily chart on the left. The hourly EMAs and stochastic are in bullish mode and potentially align short-term traders with the daily. The stochastic is above 80 level and maintenance here (blue arrow) increases the chance of a successful trade. However, the RSI is overbought (blue shaded area) and a pullback may give a better risk-adjusted entry, as the oscillator normalises. Trend following indicators may be useful in this case as a potential exit tool. Stop under hourly support in conjunction with risk management techniques. Revenue is expected to be $55.95bn ($38.3 bn) and EPS is forecast at $19.19 ($10.13).
Google Inc.Monday, 26 July 2021
18:44 PM (WIB)
KEY INFORMATION:
Name: Alphabet Inc.
Ticker: GOOG.L
Exchange: Nasdaq's
Founded: 1998
Industry: Interactive Media and Services
Sector: Media
Market Cap: US$1.814t
Below Fair Value: GOOG.L ($2660.3) is trading below our estimate of fair value ($4023.38)
BUSINESS PROFILE:
Alphabet Inc. provides online advertising services in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. The company offers performance and brand advertising services. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, such as ads, Android, Chrome, hardware, Google Maps, Google Play, Search, and YouTube, as well as technical infrastructure; and digital content. The Google Cloud segment offers infrastructure and data analytics platforms, collaboration tools, and other services for enterprise customers. The Other Bets segment sells internet and TV services, as well as licensing and research and development services. The company was founded in 1998 and is headquartered in Mountain View, California.
TOP SHAREHOLDERS:
6.61% | The Vanguard Group, Inc.
5.97% | BlackRock, Inc.
5.94% | Lawrence Page
5.69% | Sergey Brim
3.26% | State Street Global Advisors, Inc.
3.08% | T. Rowe Price Group, Inc.
3.01% | FMR LLC
2.67% | Capital Research and Management Company
1.41% | Geode Capital Management, LLC
1.13% | Northern Trust Global Investments
1.06% | Wellington Management Group LLP