GOOGL Alphabet Inc Long position confirmationI am long on GOOGLE as it has put a lower highs confirming continuation of the upward trend. GOOGL has put a 78% FIB retracement of the last move towards 1040 and continued to break above 200ema which confirm the bulls still in play.
The targets for this is the recent highs (Also an unfilled gap at 1290)
Stops below the swing lows and a round number at 1000
Good luck trading
GOOGL
GOOGL- TOP - HTF AnalysisGoogle beginning to break down out of a rising wedge with diminishing Volume from its high point in 2005...
We see a Diamond Top taking shape going back to late 2017...
Also an M-Top or Double Top...
The Weekly has been sideways along the 60-Day (blue) and 175-Day (orange) Hull Moving Averages...
Same for the 14-Day Chart...
Support levels to be aware of...
Very interested to see where the next Weekly and current 14-Day candle closes. Right before Friday's close (7/26/19) a push to close at the top of the range was made but fell short of the high...
...creating a massive gap on the Daily which was rejected before closing as a Shooting Star. Most glaring on the chart are the only 2 unfilled gaps on Google's Daily chart @$850 and @$450. A continued breakdown from here and reversal confirmation with breaking down from the Diamond and the gap at @$850 would be my first target.
Daily GOOGL forecast timing analysis by Supply-Demand strengthStock investing strategies NASDAQ:GOOGL
View a Chart with Supply-Demand(S&D) strength forecast: www.pretiming.com
Investing position about Supply-Demand(S&D) strength: In Falling section of high risk & low profit
S&D strength Trend Analysis: About to begin a rebounding trend as a downward trend gradually gives way to slowdown in falling and rises fluctuations
Today's S&D strength Flow: Supply-Demand strength has changed to a strengthening buying flow when stock market opening.
D+1 Candlestick Color forecast: RED Candlestick
%D+1 Range forecast: 0.9% (HIGH) ~ -0.3% (LOW), 0.2% (CLOSE)
%AVG in case of rising: 1.4% (HIGH) ~ -0.4% (LOW), 0.9% (CLOSE)
%AVG in case of falling: 0.3% (HIGH) ~ -1.7% (LOW), -1.4% (CLOSE)
Stock Price Forecast Timing Criteria: Stock price forecast timing is analyzed based on pretiming algorithm of Supply-Demand(S&D) strength.
GOOGL 3.54 RR ShortEvening traders,
Google has fallen out of its flag with solid volume confirmation, I'm currently in 3 shorts but will load more depending on AH action tomorrow at open.
Targeting 0.5 fib of last bullish structure
Daily & Weekly support further downwards movement.
FOMC was very hawkish, surprised we aren't tanking harder.
Google at Support LevelMany of times traders ask if what I learn in stocks can apply in Forex, my answer to that is YES, if you understand the mechanics and you have a tested strategy.
When the same question was asked for knowledge in Fx traded in Stocks? Guess what's my answer?
Yeap its the same and you have to look in your strategy.
This trade is long on support base off support level having indecision candle. opportunity to engaged.
Guess what I will do on Tuesday if the market continue to appreciate?
Google Now is Fall , But have a new Good Idea ¡possibly now google is not at its best, but let's not forget that google is mister google ¡, and very recently they made a great announcement to create a new way of playing gaming which will practically create a before and after in the gaming industry ¡. well simply if this comes to REal would be a raise for the company at well.
$GOOG Alphabet, new ATH incoming?$GOOG one of the largest companies in the world. \u2028I think we hold the grey zone, so we could see more upside target. You can see the Fib really did their thing. If we manage to break $1230 we could possible see a new ATH.
If manage to break lower, you could buy more around the trendline :)
Really depends on how GOOG reacts to the yellow zone once again.
Exciting :)
GOOGL - When you arrive late for the party, how to trade.This is one of the trading situations I hate most - when I get too late for optimal entry, and I find that the asset has been trending already for quite some time.
In this case, the optimal entry would be around at 1020, on the left chart you can see the area has been circled with a black line.
This asset is a reliable company that has been growing for years, and every time I see this kind of chart, I always have the feeling I lost all the best part and that I'm too late and I can't profit from this.
Which is not the case, if this asset is trending for years, why would it stop now? So if you're a long term holder, which is the profile that buys this kind of blue-chip stock like AMZN, MSFT, APPL or GOOGL, what difference would it make for you if you traded this accurately and not only buying and holding.
I don't want to get too deep because that's not the point, but there are MANY things going on with the economy now that show a dangerous road ahead of us, US debt ceiling, the renewal of many futures and bonds...and the recent SPY "short recession", the difference between 10/30 yr bonds and intermediary bidders and much more.
So the point of having this edge is to minimize risk. By being patient and applying easy techniques you can almost trade this risk-free - of course, don't expect high returns from such a liquid asset(more liquidity, less volatility).
I use three timeframes, one huge one to give me context, an intermediary one to provide me with insights of possible faster trades, and the fasted one for precision entry.
Since I used the 120 timeframes, I was able to buy some around at 1184 on the Spectro Fibo Level bounce, pointed by a small green arrow.
Now I'm waiting for a cross on 1195 level to increase my position and have an avg price of 1189.5
The three targets are the most important ones because that's where I'll adjust my stop-loss once it gets there with some slack.
If you're a smart guy, you will see that I said STOP-LOSS and not take profit because this is a trending asset, so it tends to keep going up and up and up, no reason to make profits.
As you can see the M candles shows a stable channel that has been holding the move for over six years! So why bet against that?
Yes, there are the dangers I mentioned previously and that's the reason to be so careful with your entry.
Because by doing this, even if something bad happens, you will be on profit even if you get stopped.
My stop-loss is at 1181, on the D chart you will see it's the next closest Auto Fibo Level, and there's a good possibility of reaching 1181.5, so I'd reinforce my position at that price if we see it and I'd keep my stop-loss at 1181 nevertheless.
So by using this technique, you'll ensure that you're always buying on the lowest part of the channel, where the odds are in your favor twice as much(trend + lower region).
The R:R factor from target 3 to 1181 stop-loss is around 4, which is amazing.
Short it to the ground!Disclaimer: This is a trade that is set to last at least 6 months. Only for people invested in to consider selling, and those that do long term trades. Personally won't be shorting it. I lose my mind and start ripping my hair out if something takes more than 2 weeks.
End of the road for google. Their search engine is deteriorating. The markets globally are moving so irrationally. Dumb money for sure. Youtube is going crazy, discriminating people at random, killing videos, channels, they don't care about their creators because there is not much competition. Yet. But it is starting.
Not going to start a long explanation anyone can go check for themselves. Short version: Google products bad, bubble bad.
Remember what happened last year when the video game industry started abusing micro transactions and also getting "woke" and attacking their clients?
Right now it's even struggling to dead cat bounce, it actually looks like it's going to end up down 75% or more from ath.
Google 2008 linear chart:
Googl compared to video game companies:
What is the risk? The risk imo is the stock market, moving irrationally due to dumb money, has been going up for 6 months on trade war hopes, pulls a 1929 on us.
But even if that were to happen, doesn't mean google would go to 2000$. A stop loss at 1600$ would give much higher odds of winning, but not a great risk to reward. A stop loss at the previous high is a great risk to reward, but lower odds. So ye depends on every one strategy. I personally prefer RR 1 to 2. Lower than 1 you get really high winrates but it doesn't feel optimal and losers set you back alot doesn't matter in the long run but still, doesn't feel the best. And really high risk rewards are for idiots plain and simple.
For the next two decades whether it is wise to invest in googl or in their competitors (Yahoo/Verizon Vimeo/IAC etc) will depend on how googl adapts.
If they mess up and their leading position goes to their head and they refuse to adapt, then good night. Who cares about myspace or friendster now? What has their n°1 spot 20 years ago done for them? RIP.
It will also depend on their competitors. The whole company. Just 1 of their service growing is cute but the rest has to go along.
Also will depend on the charts, if supports are holding, if we see buying interest... Unless you're a pure value investor and don't care lol.
I still think it's interesting to look at the chart. What's the point of buying something of value cheap if no one is going to buy after you?
Maybe a whole new competitor emerges and tears google apart?
* Wait I'm seeing a pattern here. Every silenced/discriminated youtuber is a white man. Non profit channels to help handicapped children - that happen to be run by a white man - are getting hit (yes really... they got that dirty) handicapped children... are you serious... they literally could not be more evil... They're silencing channels about animals and stuff. Non political stuff, non edgy, non weird, non adult themed, just little children and animals.
Really? And what they all have in common is the youtuber has white skin and looks like a man. I didn't notice anything with the girls - except the non PC ones ofc - channels. And "trending" is full of black men and girls. OH MY this is it. This truly is what is going on. Wtf is wrong with these idiots? Discriminating a whole group because "we don't like it there is too many of them".
Isn't that how Hitler got started with the jews? Closing their stores with the SA in 1933?