GOOGL
$ANET: Arista looks 'excellent' indeedJust as the greek word, the chart here looks excellent...There's both a daily and a monthly uptrend signal active, which gives this stock tremendous reward to risk potential long term. I am not a huge fan of the valuation, so I was skeptical to get involved but perhaps I am missing something regarding fundamental catalysts for the stock going forward, perhaps related to the boost to demand for their products from the AI large language model war. Companies might scramble to get the required infrastructure to run their algorithms on?
Chart wise, the setup is perfect and predicts a steady trend if price stays above $119 where the monthly trend would be invalidated. The daily predicts immediate upside within the next 10 business days.
Best of luck!
Cheers,
Ivan Labrie.
Part 2 of QQQ SPY FORECAST | 7 Mega cap TechWelcome to the daily stock market Mega Cap 7 Tech stock, Nvidia Microsoft Google Apple Amazon Meta Tesla Stock, Technical Analysis Show where I break down the price action and let you guys know what the most likely scenario I think will be going forward.
- Support & resistance Guide
- Stock Market QQQ & SPY confirmed daily uptrends
- Stock market Bears first step is an hourly downtrend
Part 1 of QQQ SPY FORECAST | 7 Mega cap TechWelcome to the daily stock market Mega Cap 7 Tech stock, Nvidia Microsoft Google Apple Amazon Meta Tesla Stock, Technical Analysis Show where I break down the price action and let you guys know what the most likely scenario I think will be going forward.
- Support & resistance Guide
- Stock Market QQQ & SPY confirmed daily uptrends
- Stock market Bears first step is an hourly downtrend
GOOGL with a strong upward breakthrough this weekGOOGL with a strong upward breakthrough this week
This chart shows the weekly candle chart of Google stock over the past year. The graph overlays the bottom to top golden section at the end of 2022. As shown in the figure, Google stock tested the bottom of the chart against the 2.618 position of the golden section three times in July and last week, with a strong upward breakthrough this week! The recent pressure level of Google stock is the 3.000 level at the bottom of the graph above the golden section, which is likely to suppress the market's rise! Google stock is likely to significantly retreat in the future, at least testing the 2.000 position of the golden section in the chart!
Google -> Trading The Major Swings...Hello Traders and Investors ,
my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Google 💪
Just a couple of months ago Google stock perfectly retested a major monthly bullish trendline and in confluence with a retest of the 0.618 fibonacci level we already had a major rally of more than 50% towards the upside.
If you are looking at the weekly timeframe you can also see that Google stock just broke above and retested the strong psychological $125 level and everything is looking massively bullish.
Finally I am now just waiting for another retest of the daily $132 level and after some bullish rejection everything is pointing towards more bullish upside.
Keep in mind: Don't get caught up in short term moves and always look at the long term picture; building wealth is a marathon and not a quick sprint📈
Thank you for watching and I will see you tomorrow!
My previous analysis of this asset:
AAPL - Rising Trend Channel [MID-TERM]🔹Breakdown support of rising trend channel in the medium long term.
🔹Target price of 193 was achieved after a breakout the Inverse Head and Shoulders formation.
🔹Support at 174 may indicate a POSITIVE reaction, while a break below this level indicates a NEGATIVE signal.
🔹 Technically slightly POSITIVE for the medium long term.
Chart Pattern:
🔹DT - Double Top | BEARISH | 🔴
🔹DB - Double Bottom | BULLISH | 🟢
🔹HNS - Head & Shoulder | BEARISH | 🔴
🔹REC - Rectangle | 🔵
🔹iHNS - inverse head & Shoulder | BULLISH | 🟢
Verify it first and believe later.
WavePoint ❤️