Google, 1 OCT - Elliott waves | Gann | Astrology $GOOGAlphabet approaches Gann level 2651 and we can count 5 waves to the downside (green count).
The 20 week MA (red) is located below at 2630.
An idea would be to reduce short exposure on Gann level and further observe if buyers step in.
Ascendent conjuncts natal Mercury today, however it stands in trine to natal North Node. Mars squares natal Venus on 2 OCT. Overall rather mixes signals.
Alphabet’s Waymo received a license to offer self-driving rides in California, an important development for the company. Until 8 OCT the Irish govt. is to decide on joining OECD corporate tax proposals, which may impact Alphabet’s margins so that we need to be careful with long positions.
______________
www.constellations.trade
In my analyses I combine Elliott waves, Gann theory, and planetary aspects to identify turning points in the markets & derive high-probability trading ideas. The strategy is to build leveraged exposure when markets are likely to expand, and to use options premium decay for consistent income when markets may contract and range.
Open an account here if you'd like to support my work:
TastyTrade
America's best Options, Futures and Crypto broker
start.tastyworks.com
Deribit
The world's most liquid Bitcoin options platform
www.deribit.com
Binance
10% off trading fees with this link:
accounts.binance.me
These abbreviations in the chart describe ideas that are provided as educational information and do not constitute financial advice:
STO = sell to open
BTC = buy to close
BTO = buy to open
STC = sell to close
TD = Theta Decay (for example a strangle or iron condor)
Disclaimer:
The views and ideas expressed in this analysis are that of the maker. They are provided as educational information and do not constitute financial or trading advice.
Google, 29 SEP - Elliott waves | Gann | Astrology $GOOGAlphabet hit resistance at Gann level 2861 and began to lead the market in yesterday’s selloff. As expected from the Nasdaq analysis we can recognise an unfolding wave (c), which is reflected in GOOG as well.
If the green count is accurate, GOOG may have completed wave iii, so that we can look for a potential wave iv with a retrace to the .382 Fib level (blue box).
Waves 4 are hard to trade but due to their choppiness we may profit from a brief contraction of implied volatility when selling premium.
If wave C continues to unfold we may look at the next levels for potential supports:
- 2699, wave (a)=(c) equality
- 2651 Gann level
- 2549 and 2559, Gann level & 1.618 Fib level
On 29 SEP three minor Mars/Moon constellations occur.
Correlations: DXY continues its exceptional strength as yield spiked, but Gold and Bitcoin has started to rise again, which could potentially be an early indicator that USD may begin to slow. EURUSD is at support level as well. A declining USD would help the yield-sensitive tech sector.
______________
www.constellations.trade
In my analyses I combine Elliott waves, Gann theory, and planetary aspects to identify turning points in the markets & derive high-probability trading ideas. The strategy is to build leveraged exposure when markets are likely to expand, and to use options premium decay for consistent income when markets may contract and range.
Open an account here if you'd like to support my work:
TastyTrade
America's best Options, Futures and Crypto broker
start.tastyworks.com
Deribit
The world's most liquid Bitcoin options platform
www.deribit.com
Binance
10% off trading fees with this link:
accounts.binance.me
These abbreviations in the chart describe ideas that are provided as educational information and do not constitute financial advice:
STO = sell to open
BTC = buy to close
BTO = buy to open
STC = sell to close
TD = Theta Decay (for example a strangle or iron condor)
Disclaimer:
The views and ideas expressed in this analysis are that of the maker. They are provided as educational information and do not constitute financial or trading advice.
FLOWWhat is Flow?
Flow is a fast, decentralized, and developer-friendly blockchain, designed as the foundation for a new generation of games, apps, and the digital assets that power them. Flow is the only layer-one blockchain originally created by a team that has consistently delivered great consumer blockchain experiences: CryptoKitties, Dapper Wallet, NBA Top Shot.
Good Project. Last news was a Partnership with Google :
cointelegraph.com
-------------------------------------------------------------------------
Trading Parts :
-------------------------------------------------------------------------
Buy : Now
Rebuy : 20$
TP1 : 39$
TP2 : 59$
Stop Loss : 17.5$
-------------------------------------------------------------------------
Like always follow TheKing for safety.
Happy Tr4Ding !
ALPHABET Inc. ( Google ) - Fundamental Analysis - Next target Investors are probably already familiar with FAANG stock, having seen how these five companies - Facebook, Amazon, Apple, Netflix, and Alphabet - led the Nasdaq Index to all-time highs over the past decade. The importance of these five tech companies cannot be exaggerated, and even through the pandemic, the FAANG five contributed to the tech index reaching new all-time highs.
But if there is one among these five companies whose stock is worth thinking about buying today, it is Alphabet. Originally known as Google, or the "G" in the FAANG acronym, the company altered its name six years ago to show it was far from a conventional business. Even though Google is still a major part of Alphabet, the company is made up of many diverse businesses that explore various technologies and industries.
All of the above, as well as the fact that Alphabet's performance is excellent, is a good reason not to hesitate to buy shares in this Internet giant.
Alphabet's financial results are impressive, which illustrates why the company's stock has nearly doubled in the last year alone. Revenue was $90.3 billion in 2016 and more than doubled to $182.5 billion by 2020, while net income rose from $19.5 billion to $40.3 billion in the same period. What's more, capital spending has remained fairly constant even as operating cash flow has increased, resulting in the company's free cash flow growth over the past few years.
The company has shown that it can still grow quickly, with revenues in the second quarter of fiscal 2021 up 62% year over year. Increased technology adoption and digitalization have been important contributing factors to this growth, but Alphabet was already on a consecutive growth path before the pandemic began. Net income for the quarter more than doubled from the previous year to $18.5 billion, and the company's semiannual net income of $36.5 billion already exceeded net income for all of 2019.
The great thing about Alphabet is not just its financial performance, but how the company is committed to improving everyone's lives in so many ways. The pandemic showed just how innovative the company has been, as Google teams launched more than 200 new products and features. Google Maps added a COVID-19 layer displaying case information to help people plan their routes, and Google Meet, the company's video conferencing software, became free to anyone with a Gmail account.
CEO Sundar Pichai suggested a look at new products and systems during the company's latest earnings conference call. A new artificial intelligence system called Lambda with natural communication features will help make communication and computing more accessible to everyone. The upcoming 12th version of Android is designed to improve speed and energy efficiency as well as personalize devices. YouTube Shorts, a short video format similar to the popular TikTok, has been introduced in more than 100 countries and has garnered more than 15 billion daily views.
Alphabet is also investing $10 billion over the next five years to strengthen cybersecurity, as it is now a critical area for many companies and governments. Don't forget that the tech giant also has a division called Other Bets, which is making ambitious investments in new technologies such as self-driving cars and data analytics in healthcare.
This is just a snapshot of the loudest headlines in recent weeks about Alphabet's activities. It would take an entire book to cover everything.
Alphabet's culture is based on "moonshots" that help the company develop related or new technologies and turn them into mature, thriving businesses. In fact, the company is not interested in making only incremental changes to its products and services, but rather in seeking revolutionary changes that can take technology to the next level.
Thus, the company does not shy away from risky projects and encourages a culture of innovation that can lead to the discovery of disruptive technologies that can secure the future. That is what makes the future so exciting for the investor in Alphabet.
The great news is that the company still has a long growth streak in store. Digital ad spending, which last year accounted for nearly 29 percent of the U.S. market share of Google, is up 12.2 percent year over year in 2020 and shows signs of continuing growth.
Alphabet continues to invest in new technology and is steadily enhancing its cloud services, search engine, and other features. Given that the pandemic is a tailwind for technology adoption, investors should be confident that the company can continue to deliver results. The company's stock is relatively inexpensive, it trades at 26 times forward earnings, and the company will likely be able to deliver solid revenue and net income growth for years to come.
GOOGLE First buy signal within the Channel Up.Pattern: Channel Up on 1D.
Signal: Buy (1/2 position) as the price hit and rebounded on the 4H MA50 (red trend-line). Second buy on the 1D MA50 (blue trend-line). This buy pattern has been holding for the majority of 2021.
Target: 3000 (just over the 1.5 Fibonacci extension, which is the extension target on all MA50 bounces).
Most recent Google signal:
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
!! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> Vergnes
--------------------------------------------------------------------------------------------------------
Google Shares Can Fall From Parabolic MoveTraders,
Google (Alphabet) had one the best runs since covid-19 crash last year. The move has just been nothing short of the best parabolic one in any stock in recent times. However it may be about to change. For the first time, Google price action has started to show sign of a correction.
And we know that when a parabolic moves corrects it usually is a quick one too. 😃
Both charts and algos are telling the same story. So this is something I will be watching next week as it may start a new domino effect and lead us into a great profitable short opportunities.
Rules:
1. Never trade too much
2. Never trade without a confirmation
3. Never rely on signals, do your own analysis and research too
✅ If you found this idea useful, hit the like button, subscribe and share it in other trading forums.
✅ Follow me for future ideas, trade set ups and the updates of this analysis
✅ Don't hesitate to share your ideas, comments, opinions and questions.
Take care and trade well
-Vik
____________________________________________________
📌 DISCLAIMER
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
____________________________________________________
Google Short Positions big time frame (Daily + Monthly)Hi all
Google on a very high price and 10 different indicators that I use tell me it will go down from here
I use big stop loss so I can hold a sneak attack and take that big down move to the take profit.
I also see how sooner than later we will hear the Fed reduce his support or some other news that will help this and all markets to make some big down movement and let the market "back to normal" after.
Googl Short IdeaEarlier we have seen a very good uptrend from the bullish rectangle forming a rising wedge pattern.
Stay long as long as price stays inside the channel.
Short on breakdown from channel for the given targets.
Also target areas can act as support and be possible reversal zones. Follow future price action.
Target = Blue horizontal ray
Green arrow = Long idea
Red arrow = Short Idea.
Kindly do your own research and enter. Also if we see consolidation in the next few days below the channel then we have to update the pattern.
Netlist (NLST) - A Harmonic, a Schiff and an Earnings Report . .. . Walk into a bar . . :)
All kidding aside and this is by no means investment advice but we've got two possibilities here. One could easily apply a Schiff pitchfork to the upside and be correct BUT, given that they missed earnings estimates with a -24% downside surprise and given the history of Netlist filling gaps, I'm gonna err towards the logic applied when we saw those big red douchy candles on the 23rd of July and then post earnings August 9th dump. I think we may see those gaps fill down below and I'd personally love to snap it up again cheap (bought at $0.65, took a few scalps between $2 and $3 before it got away from me to run up 20x . . sigh . . )
Some of you know that I take scalps so I'll be looking to trade this inside the pipe with the hope of longing into a $50 target position next year for some more good gains.
.
Anyway, Good luck friends!