Get started

GOOGL

$GOOG approaching R1 reversal zone. Price reversion area.We're coming to a major reversal zone on $GOOG, we've had a great run but the overextended NASDAQ looks to be cooling off, and this is a great place for a short entry or exiting a long on $GOOG/$GOOGL. The R1 zone at $1209 pegs the October 2nd/3rd resistance level. There's likely to be strong selling pressure here (if we ever make it that far). A great entry point would be a sell order just below this level, if we get a small leg up it will quickly sell off and skilled traders will likely peg the top of this move. The move down has two price targets, first, at the start of this move at $1147, and second, just below P at $1085. We're likely to tag the first target and depending on the velocity of the move the second as well. Goog longs should understand that this is a significant resistance area, and likely to be met with a swift sell off. Cheers trading.
NASDAQ:GOOGShort
by vergun
Nasdaq short term analysis: possible rally after Apple-led slumpNews came out that the US and China are starting negotiation on trade dispute, and Asia markets are mostly up despite slump in US stock market overnight. With regards to China, the economy is rapidly deteriorating , with December PMI flashing below 50, the level that defines contraction and expansion. The US is the largest export country for China, so that the Chinese government is incentivized to make a deal with President Trump. The US, on the contrary, stock market is the pillar of capital market and personal wealth. The sever dropping in Nasdaq and SP500 will probably mount considerable measure to President Trump , as he considered the booming stock market as one of his great " achievements ". In light of recent turmoil and uncertainties, I'd say the US would also like to make a deal to prop up market sentiment. Technically, the recent recovery is just a short covering practice. I expect more selling taking place, once the economy indicator worsen or trade talks run short of expectations.
CME_MINI:NQ1!Short
by Pento_Investment
Market looks constructive, but still a ways to go!!!Been a while since I've done a true VWAP analysis of the market here, but after today's rally, it seems like a great time. Basically, the market has been oversold for a while and everyone knew a bounce was coming. Taking a short position this week was quite insane just because a face-ripper of a rally was imminent and the R:R just wasn't worth it. Over the past month, we've had this major break down in price as the market consolidated towards the FOMC meeting and broke to the downside of the triangle after the event occured, leading to a major decline. Today, we saw a nice rally up into the VWAP from the FOMC meeting. This is quite constructive, letting us know the market is retesting some very key points here. The main supply level that people should be highly aware of is the 250-255 level, and if you don't feel that's quite important (even though that's where the orange VWAP is which acted as resistance before FOMC and where the resistance trendline of the triangle is) you should absolutely be aware of the 258-262 level, which basically supported the market since October until we broke below it. Anyway, it's tough to be short at the moment, at least in the near-term time frame just because of the levels of oversold the market has been. Rallies like this do happen in downtrending markets though, because of the heightened volatility, so still be protective of your capital!! If you were to take a long position (which is far from a poor idea), keep an eye on the red VWAP which is the average cost basis since the open today. It's important that people who are buying into this rally remain profitable, because if that fact changes, panic could easily restart here in the markets. In order for my overall neutral/bearish long term outlook to change, I would need to see the market get up to around 255-260 and bounce in that range for a little before breaking that green VWAP to the upside. First though, it must break this downtrending resistance line that's been quite textbook. Real quick, before I end this post, here is a picture of the SPY over the long term: Basically, trendlines are not SUPPOSED to (but can be) be perfect lines that price always bounces at. All you need to take from this is that the market is at a very very very long term Log trendline (and non-log trendline from 2008 if you prefer that), so this could possibly be the reversal point that was needed, but I would personally rather have the market not test support lines as I believe in theory that trend lines are weakened the more they're tested, contrary to the opinion that many think trendlines strengthen the more they're tested. Anway, that's it from me. In the tradition of me always ending my post on some sort of advice to take away from this whole thing, all I can say is protect your capital!! Cash is a position, and everyone forgets that but right now it's more important now than ever to realize that if your confidence in the market is subpar, get out of the market! Try to think clearly and don't panic, but I once heard this saying in a podcast (I believe it was the one hosted by J.C. Parets), a pilot who was on that podcast said "There is a saying as a pilot, that you would rather be on the ground wishing you were in the sky, than in the sky wishing you were on the ground" and that saying could not be more applied to the markets in my opinion. You should never have 100% confidence in any move you make, just because that means your risk management skills are lacking, but you absolutely should be weary of allocating capital if you don't feel you're in the right mindset. If you have any questions, feel free to leave them below. Thanks.
AMEX:SPY
by croganm
ALPHABET INC. (GOOGL) Crash Incoming (~20% Drop On Its Way)ALPHABET INC., Google's parent company, is no exception to what is coming to conventional markets. There are many very strong signals pointing towards a crash... and this crash is already on its way. GOOGL has already dropped by over 18% since hitting a All Time High on the July 2018... More red is on its way. Let's take a look at the signals for learning and entertainment purposes: Let's start with the MACD. On the left hand side, you can see a red dotted line with an "X" in the middle... This is back in 2008. When the MACD crossed below 0, the price crashed really hard. When you look at the right hand side of the indicator, you can notice that the same event is taking place now. This is a strong bearish signal. If you have been reading my analysis you should be pretty familiar now with the signal called "divergence"... This is going on here as well on both MACD and RSI (Bearish Divergence). GOOGL broke and closed below EMA50. It was quickly rejected when it tried to move back up. If GOOGL breaks and closes below EMA100 (blue line), we can aim straight for our "MAIN TARGET" on chart. RSI & MACD are bearish. These signals are very strong and clear... ALPHABET INC. (GOOGL) will continue to crash. Others are also crashing... Apple: Bank Of America: S&P500: Thanks a lot for reading... Hit LIKE for more analysis straight to your inbox... I appreciate your support. Namaste.
NASDAQ:GOOGLShort
by AlanSantana
4