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GOOGL

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.
CAPITALCOM:GOOGLong
by DaveBrascoFX
1
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 ".
NASDAQ:GOOGLLong
by financialfreedomgoals101
2
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!
AMEX:SPYLong
by bryandowningqln
Recent high point of Google stock at 2.382 on the Golden Divide!Recent high point of Google stock at 2.382 on the Golden Divide! This chart shows the weekly candle chart of Google stock over the past year. The graph overlays the low point at the end of 2022 against the golden section. As shown in the figure, the recent high point of Google stock happens to be at 2.382 on the Golden Divide! In the past six weeks, Google stock has been vying for long and short positions around the 2.000 position on the golden section in the chart, but has not effectively touched the strong support below, which is the 1.618 position on the golden section! In the future, Google's stock is likely to strengthen again after hitting the 1.618 or 1.382 positions in the golden section of the chart!
NASDAQ:GOOGL
by Think_More
GOOGL Alphabet Options Ahead of Earnings ! Sell-Off Thesis !If you haven`t sold GOOGL here: or reentered here: Then analyzing the options chain and chart patterns of GOOGL Alphabet Inc prior to the earnings report this week, I would consider purchasing the 115usd strike price Puts with an expiration date of 2024-1-19, for a premium of approximately $6.15. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. While Google currently holds a dominant position in the search engine market, the landscape is dynamic and subject to change. If Microsoft successfully leverages its partnership with OpenAI to enhance Bing's capabilities, coupled with strategic marketing initiatives, it could potentially chip away at Google's market share over time. You can read my full GOOGL Sell-Off thesis here: Looking forward to read your opinion about it.
NASDAQ:GOOGLShort
by TopgOptions
2
Daily Market Analysis - THURSDAY JULY 13, 2023Key News: UK - GDP (MoM) (May) USA - Initial Jobless Claims USA - PPI (MoM) (Jun) Despite relinquishing some of its gains, the Dow Jones Industrial Average concluded Wednesday's trading session on a higher note. This positive finish was primarily attributed to a decline in Treasury yields and a surge in the tech sector, fueled by data indicating the slowest inflation increase in more than two years. The market sentiment has been uplifted by optimism that the forthcoming rate hike, scheduled for later this month, could potentially mark the conclusion of the tightening cycle. The Dow Jones Industrial Average experienced a 0.25% climb, translating to a gain of 86 points. Meanwhile, the Nasdaq witnessed a robust increase of 1.2%, and the S&P 500 displayed a notable rise of 0.74%. DJI indices daily chart Nasdaq indices daily chart S&P500 indices daily chart In June, the consumer price index (CPI) registered a modest uptick, rising by 0.2% following a 0.1% increase in May. Additionally, the annual inflation rate eased from 4% to 3%, reaching its lowest point since March 2021. These figures suggest a reduced level of price pressures in the economy. While there remains an expectation that the Federal Reserve will proceed with a rate hike later this month, the outlook for additional rate increases beyond July becomes less certain. The uncertainty stems from the possibility of upcoming economic data revealing a continued deceleration in inflation. US Consumer Price Index (CPI) Jefferies, in a recent note, highlighted the importance of upcoming economic indicators in determining the trajectory of rate hikes. If indicators such as the Employment Cost Index on July 28, along with employment and inflation data released in August, continue to exhibit a slowdown similar to the recent Consumer Price Index data, it suggests that the rate hike scheduled for July could potentially mark the conclusion of the current cycle. In line with this sentiment, major technology companies, including Google (NASDAQ: GOOGL), Microsoft (NASDAQ: MSFT), and Meta Platforms Inc (NASDAQ: META), experienced a rebound following a recent downturn. This recovery was fueled by a significant decline in Treasury yields, driven by the expectation that the Federal Reserve's rate hikes are nearing their conclusion. GOOGL stocks daily chart MSFT stocks daily chart META stocks daily chart Microsoft's shares surged by over 1% as the tech behemoth made significant strides in the completion of its $69 billion acquisition of Activision Blizzard Inc (NASDAQ: ATVI), the renowned game developer responsible for the popular Call of Duty franchise. The acquisition received a boost as a Federal judge dismissed the Federal Trade Commission's request to delay the deal, citing insufficient evidence to support claims of potential competition harm. This favorable development played a crucial role in driving Microsoft's strong performance in the market. US Dollar Currency Index daily chart The sell-off of the US dollar gained momentum after the release of the CPI data, leading to a rapid approach towards the 100 level on the dollar index. This consistent and significant movement has positive implications for global inflation dynamics. A weaker US dollar tends to drive down energy and raw material prices, which are often denominated in US dollars. Consequently, lower prices for these commodities can help alleviate inflationary pressures on a global scale. In contrast, a strengthening US dollar contributes to inflationary pressures worldwide. Therefore, the depreciation of the US dollar can provide relief in the face of such pressures. EUR/USD daily chart In the currency markets, notable movements were observed. The EUR/USD pair experienced a surge, reaching the 1.1150 level, indicating a strengthening of the Euro against the US dollar. Similarly, the GBP/USD pair surpassed the significant 1.30 level, signaling a rise in the British pound against the US dollar. Conversely, the USD/JPY pair extended its decline, falling below the psychological level of 140, implying a weakening of the US dollar against the Japanese yen. These fluctuations highlight the dynamic nature of the currency markets and the interplay between different currency pairs. USD/JPY daily chart The anticipated release of the Producer Price Index (PPI) figures for June today is expected to provide further insight into the global economy's disinflationary trend. Forecasts suggest a significant deceleration in the headline PPI, dropping from 1.1% in May to 0.4% in June. The core PPI is also projected to experience a more modest slowdown, declining from 2.8% to 2.6%. The weakening figures from the PPI may have implications for future Consumer Price Index (CPI) data, indicating a continued disinflationary environment. This reinforces the notion that the forthcoming rate hike in the United States will likely be the final one in the current cycle. In summary, the June PPI numbers are expected to confirm the prevailing disinflationary trend in the global economy. The projected slowdown in PPI figures suggests potential effects on future CPI data and supports the belief that the upcoming rate hike will be the last one.
by FOREXN1
11