GOOGL
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 ❤️
#GOOGL next month Straddle/Trade planNew research brings to us the new significant Straddle with expiration day 15-Sep.
Based on our team's research of the options market, we expect buy activity at the support level or sell activity at the resistance.
We primarily consider levels to be activity zones, but not to be a super-fine level for establishing a limit order. Use them in com
Alphabet long Erning weeks 52 Weeks High hitNew 52-week highs this week, powered by the Dow which, on Friday, extended its streak of positive days to ten — something the blue chip index has not done in almost six years.
Trend setup
Weekly bullish 52w high hit
Daily Bullish
4H Bllish
I have explained 2 scenarios to enter the bullish trend
also on lower tf compatble
A break below88 is bearish, and the end of bllish trend.
A break above 220 will catapult the up trend much more stronger.
In this case we can decie to take partial profits
or
we we ride the trend.
My decision:I ride the trend,if this happens. Why should I give more possible profits, and limit them?
Instead I focus on limiting the risk,but upside unlimited chances.
GOOGL: Closing The Gap Soon?Hello Fellow Stock Traders, Here's a Technical Analysis of GOOGL!
Alphabet Inc. (GOOGL) has exhibited a notable price development by surpassing its Exponential Moving Average 50 (EMA50) and subsequently rebounding off the dynamic support level. This particular price action suggests a bullish trend in the stock. Moreover, there has been an identifiable formation of a descending broadening wedge, followed by a breakout of the upper trendline, accompanied by a bullish marubozu candlestick pattern. This breakout signifies the potential for an upward movement in the stock price.
Furthermore, the bullish outlook is reinforced by the emergence of a golden cross on the Stochastic indicator within the Neutral Area. The occurrence of a golden cross within this context typically indicates a higher probability of an upward movement toward the target area.
Taking these technical factors into consideration, the current price action and indicators point towards a positive outlook for GOOGL, suggesting the likelihood of an upward trajectory in the near term.
It is important to note that the roadmap will no longer be valid once the target/support area is reached.
Feel free to support the channel by clicking the rocket button and sharing your opinions in the comments below!
"Disclaimer: This analysis is intended solely for educational purposes and does not constitute a recommendation to take a long or short position on NASDAQ:GOOGL ".
Discover the Hottest USA Stock Market Sectors - Get Ready for anI couldn't wait to share the hottest USA stock market sectors set to sizzle this August. Brace yourself for an action-packed month with potential profits and exciting investment opportunities!
1. Technology Titans: The tech sector continues to dominate the market, with innovative companies leading the charge. From cutting-edge software solutions to breakthrough hardware advancements, this sector promises immense growth potential. Stay ahead by closely monitoring tech giants like Apple, Amazon, and Google.
2. Renewable Energy Revolution: The renewable energy sector is rising as the world shifts towards sustainable practices. Solar, wind, and hydroelectric power companies are experiencing a surge in demand, presenting a remarkable chance to invest in a greener future. Keep an eye on industry leaders such as Tesla, First Solar, and NextEra Energy.
3. Biotech Breakthroughs: The biotech sector is witnessing a wave of groundbreaking advancements in healthcare and pharmaceuticals. Companies focused on developing innovative treatments, vaccines, and therapies are gaining substantial attention. Keep a close watch on biotech giants like Moderna, Pfizer, and Johnson & Johnson.
4. E-commerce Explosion: The pandemic has accelerated the growth of the e-commerce sector, and it shows no signs of slowing down. Online retail giants are experiencing exponential growth as consumers embrace the convenience of digital shopping. Keep an eye on industry heavyweights like Amazon, Shopify, and eBay.
Now, here comes the exciting part! To ensure you don't miss any action this August, I encourage you to subscribe to our exclusive newsletter or follow our social media channels. By doing so, you'll receive regular updates, expert insights, timely tips on these hot sectors, and more.
Don't let this opportunity pass you by! Stay ahead of the curve and make informed investment decisions by subscribing or following.
Remember, August is shaping up to be a thrilling month in the stock market, and you don't want to miss out on the potential gains these sectors offer. Subscribe/follow now and get ready for an exhilarating ride!