Google Alphabet 1W analysis 06/07/21Hello everyone , as we all know the market action discounts everything :) the stock doesnt seem to be falling off at all , no signs of a reversal yet and we are getting higher highs and higher lows, using the different tools of technical analysis we can see that the RSI is at an overbought state 77.78 and the STOCH is also at overbought state of the market , The price of the market is trending above the Moving average .
Fundamental analysis :
GOOGL's Return On Assets of 15.70% is amongst the best returns of the industry. GOOGL outperforms 88% of its industry peers. The industry average Return On Assets is -3.62%.
The Piotroski-F score of GOOGL is 5.00. This is a neutral score and indicates average health and profitability for GOOGL and GOOGL's Return On Equity of 22.33% is amongst the best of the industry. GOOGL does better than the industry average Return On Equity of 17.15%.
GOOGL shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 49.64%, which is quite impressive, plus GOOGL is expected to show quite a strong growth in Revenue. In the coming 5 years, the Revenue will grow by 19.11% yearly.
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GOOGL - Target $2500I've been following google for a while and have made decent trades with it. Right now, I'm leaning toward us finishing a move before a larger downside correction. The structure looks ok from an EWT standpoint with decent subdivision.
Wave 3 target is sitting about $2430 before we start to coil and see a last move up to $2500 (or more).
Google long seeking TP 🎯Just before New York session open I wanted to share a google trade idea.
Currently been in this trade since the 16th of June.
I am using our reversal strategy that is still in the early stages of development.
Using customised RSI values specific to the instrument is the main feature for identifying trades.
Only just started using this strategy for stocks.
Entry details are shown on the chart.
Green line is take profit. Pink line is stop loss.
Trade history can be seen below this trade idea too for full transparency.
The back test for this stock is very solid in my opinion.
Any feed back from fellow stock traders hit the comment box below.
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The stats for this pair are shown below too.
Thank you.
Darren
$GOOGL ATH!All time highs today after that morning shake-out. Looked a little bit weak at first but came back strong and held the EMAs. A close above 2430 was the queue for a larger move towards 2450 as it cleared the 1.618 Fib level and confirms the continuation of the impulsive move upwards. The open tomorrow should tell us if this was just a test of the highs or if it will continue running. Early morning flows and market close flows are telling of the bullish bias that whales have on GOOGL. Those sweeps targeted the 2430 weeklies at open and the 2435 towards close.
Watch these patterns on GOOG! 👀Ok, GOOG has a head and shoulders in the 30min, and we see an advanced breakdown as well.
The RSI is not following the 4h chart as well. If GOOG triggers the head and shoulders in the 30 min, we’ll see a correction that could last for a few days. We were above the BB today too, indicating that any bearish sign trigger the pullback we are talking about.
This is not a sell sign yet, but we could see one soon! Oh, and no, I don’t believe GOOG will fail, please, but I think a correction will be very good for the stock. 😉
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See you soon,
Melissa.
GOOGLE Signals showing further growth.Pattern: Channel Up on 1D.
Signal: Buy as the price is: 1) Still on the middle of the Channel, 2) The RSI not yet on its 10 month Resistance Zone, 3) The MACD is on a Bullish Cross.
Target: 2670 medium-term (the 2.0 Fibonacci extension, which has been met on all three previous Higher High waves of the Channel Up).
Useful facts: The 1D MA50 (blue trend-line) has been supporting since January 19, 2021. The last time none of the 1D MA50/ MA100 or MA200 were above the price was in April 21, 2020!
Most recent GOOGLE signal:
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Google - Broke through Symmetrical!-As one of the “four horsemen” of big U.S. tech stocks valued at more than $1 trillion in market capitalization, Alphabet GOOG, +2.74% GOOGL, +2.78% is among the largest companies in the world.
-Alphabet does lots of other things — from its Google Cloud web infrastructure efforts to its innovative R&D projects, such as Waymo self-driving cars
-Alphabet just wrapped up its fiscal first quarter and posted earnings at the end of April. As usual, the growth was significant as the dominance of its advertising platform continued without a hitch.
-Sales growth: Google Services - 34%, Google Cloud - %45.7, Other Bets - %46.7. Total Revenue: 34.4%.
-Google Services Total: 34%.
-Alphabet reports its sales in three segments: Google Services, which includes YouTube video ads as well as its ad network sales and its search-related ads, then the lesser segments of Google Cloud and a catch-all that’s simply called “Other Bets.”
-Sales comparison by category proves that the only thing GOOG investors really need to worry about right now is the advertising money it makes. And with an impressive 34% growth rate for the core business line, that’s not entirely a bad thing.
-It’s worth noting that Alphabet has decided to give investors a deeper understanding of its broad Google operations by breaking them out into four discrete subsegments. Those include search-related advertising served to people who visit the eponymous search engine, YouTube video ads and the Google Network, which plugs the company’s technology into third-party websites to present ads (and take a small cut of the revenue). These all roll together to create a collective Google Advertising group.
Discovery DISC.A - Mega Media Content King - HBO etc.The tech giants lack what Discovery has. CONTENT. Game of Thrones & Super Hero fans know what I'm talking about.
It's a new world. The #metaverse & #marijuanamovement. EPIC times.
#gnln
#thegem
Discovery & AT&T - Mega Media Merger - Streaming Wars Rising RSI and the recent MASSIVE SELLOFF to a NEW SUPPORT looks C/W. HBO fans rejoice. #watchthis
GOOD POSITION!INCREASE IN SALE ACCOMPANIED BY A GOOD TECHNICAL POSITION
MORE THAN 100 PERCENT IN NEXT WEEKS IS EXPECTED ;)
US Stock In Play: $GOOGL (Alphabet Inc)$GOOGL successfully attained its projected $2,350 target that was previously highlighted early this month, closing at $2,415 post market hours. This equates to an accumulated return of +14.44% in 19 trading days, since the breakout of its consolidated triangle chart pattern.
With existing implied volatility of $GOOGL remains below the $70/day ATR prior to the triangle formation, it is plausible for further momentous price volatility in the stock as we enter into the month of May.
$GOOGL provides online advertising services in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. The company offers performance and brand advertising services. It operates through Google Services, Google Cloud, and Other Bets segments.
GOOGLEI've been away, that just means I've been making more moves. Forex has changed my life tremendously and i will forever be grateful for actually trusting the process. For trusting myself, and my higher power.
This is not only for me but also for my family and future children and generations.
Please always remember your why. Keep going until you build a consistent positive skill. You got this.
Now lets make this money. Flag Pattern. Buy or Sell opportunity?
Look out lol
NNDM acquires Deep LearningNNDM an old stock I traded last year has acquired Deep Learning. This in return will help NNDM grow in the long the term by adding this AI too their machines for more precise pcb boards and other electronics. Competition with Deep Learning is none to my knowledge of in the 3D printing field. There are two other AI companies that could get acquired by another company that I know of which are Google's AlphaZero and DeepMind. Again in the 3D world there isn't much competition, which NNDM might rise to over $40 a share by eoy if the stock market picks up.
TA: in the short term
-RSI broke out which is bullish for a reversal/untrend
-MACD is bullish
-Downtrend as been broken, but now guessing there is a second. As an investor or speculator on the sidelines you may want to wait for a breakout above the resistance lines unless you feeling frisky.
-Resistance is at $7.58, $7.33, $7.79, and $8.16
-Support is at $7.14, $6.73, and $6.59
-We are close to the 50ema and hope for a breakout tomorrow. If not then NNDM will suffer on the fate of the whole market and not the news.
Final toughts
Seeing them get into AI they could have massive swings like VERI, which is another out AI stock that was a pennystock in price at the start of the pandemic. I will continue to watch this stock, but its risky jumping into an acquation trading with a bearish market. Most tech and growth stocks are down, so its very possible tomorrow this pump would be short lived. I give it a long, but I would remain neutral and could pickup a few shares. A guy on YT does the 33% trading style which is buy a $100 on day 1 wait buy another $100 on the dip and wait and spend your last $100.
GDSII think bottoms in here and if we are lucky bids at .025-.03c will catch a fast wick during this correction B4 a much larger anticipated move higher.
I believe this company was involved in a law suit with Google and they actually won.
And the were awarded $192 million. So the Market cap is currently at 26m thats like 5-10x move incoming whenever the market wakes up here. ;)