GOOG- now at ATH completing A Cup and Handle LONGGOOG as shown on the daily chart has completed a cup and handle and has the momentum
of moving up to its previous ATH set 2/1/24 and November '21. This could forecast bullish
continuation to add $50-70 onto current price as so 30% onto the market cap. GOOG has
been relatively stable in the current general market environment. Earnings are coming in
three weeks. Google is dependent on ad revenues primarily and so its income stream is
relatively narrow focused no matter the variety of its services. I will take a long trade
here expecting good price movement heading into earnings with a trim of the position
just before earnings and stop loss adjustments at increments to diminish.
Googlong
GOOGLE (GOOG) Trade UpdatesRecap on my position on Google, Apple and Facebook, the 3 bit techs I have in my portfolio.
Google spectacular entry and obviously also lucky. ($85.94)
There is still a long way to go, for a share that from the highs of February 22, at the time of my entry had lost about 45%.
I remain in position with a generous 20% profit, there is a lot of volume structure to recover, and it is not yet the time to bring home part of the profits.
As always, I give some indications purely for personal purposes:
Short-term target: $115
Medium-term target: $125
Long-term target (mine): Historical highs
So I find myself holding the stock indefinitely, I’ll take home something for $125 to cover operating costs but I don’t want to do anything else.
If the price retraces I have other entry levels that I mentioned in previous posts.
I also leave my update on Apple (up 23%) and Meta (+18%).
All in all, a good month.
Keep moving forward!
Happy trading
Lazy Bull
LONG Term GOOG DCARe-entered the market after several months on the sideline waiting for longer term indicators to look positive.
I believe this is a suitable spot to start DCA again into high conviction companies and stocks.
High conviction in the company for the long term✅
Money flow on the monthly in the red ✅
RSI Oversold on the monthly ✅
Trading around significant support (@0.5 AT Fib)✅
Market Cipher on the monthly around the 'buy-zone' ❓*
*Market Cipher not yet indicating buy, however, weekly green indicator with the above indicates the monthly buy-signal is near - hence comfortable to DCA as within my personal risk tolerances)
** NOT TRADING OR FINANCIAL ADVICE **
Google 103!Google 103!
Don't google 103! What I mean is, I like Google NASDAQ:GOOG above 103.
Why is 103 significant to GOOG? Level 103 is significant because it’s above today's close, today's HOD and the 20 MA (SMA + EMA). We also have x3 touches at 102.72! Therefore, I expect a break above 103 (with volume) to break the upper trend line of the falling wedge pattern (see screenshot posted below). Last but least, we closed above VWAP on the daily time frame. If we break and hold above 103 (with volume), then GOOG has strong potential to see more upside.
Good night or morning,
MrALtrades00
GOOG - STOCKS - 18. OCT. 2021Welcome to our Weekly V2-Trade Setup ( GOOG ) !
-
4 HOUR
Great technical structure..
DAILY
Expecting more bullish price action.
WEEKLY
Market still underpriced!
-
STOCK SETUP
BUY GOOG
ENTRY LEVEL @ 2840.56
SL @ 2724.25
TP @ Open
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
3 ATHs in 1 Week - $GOOGL, $TSLA, $AMD $GOOGL, $TSLA, & $AMD all reached ATHs in 1 Week
$GOOGL - Alphabet
Reported Q3 FY21' earnings yesterday & hit an ATH of $2,925.08/share on 10/27/21
Alphabet is up 66.85% YTD
Returns since IPO in Aug 2004 - 1,670%
Decades of dominance by $GOOGL - along with their record-breaking recent Q3 FY21' earnings & updated Q4 FY21' estimates...
I continue to have a long position on $GOOGL in the long-term
$TSLA - Tesla
Reported Q3 FY21' earnings earlier this week with EPS of $1.86/share beating estimates & Revenue of $13.8B missing estimates
Reported an ATH of $1055.58/share on 10/27/21
Tesla up 47.07% TYD
Returns since IPO in June 2010 up 21,621% (yes thats correct - in 10s of thousands)
Reported 241,300 vehicle deliveries up 73.2% YoY
Plans to achieve 50% vehicle annual growth in vehicle deliveries over a multi-year horizon
Not sure my thoughts on $TLSA even as an owner of shares - with the current state of the supply chain, energy & it's rising costs, ESR movement, & clean energy it's hard for me to say "I absolutely LOVE $TSLA" or "Buy it Now!" - However, I do believe EVs are the future and am very long $TSLA for a long-term investment
$AMD - Advanced Micro Devices
Hit an ATH of $128.30/share on 10/25/21
Reported Q3 FY21' earnings earlier this week with EPS of $0.73/share beating estimates & Revenue of $4.31B beating estimates
Revenue of $4.31B +54% YoY
Advanced Micro Devices up +33.33% YTD
Returns since IPO in Oct 1979 - +3,689%
Q4 revenue estimates raised to $4.6B
Very positive outlook overall - including large raises in Q4 earnings estimates, but also a very volatile stock - given its sector, volume in number of shares traded, % almost "meme" stock status, I am long $TSLA for a long-term investment
🤔 Opportunity On Google? (GOOG)💰 LET'S GET INTO SOME GOOGLE ANALYSIS!💰
1️⃣ First off SMASH that LIKE BUTTON & Give us a FOLLOW for DAILY ANALYSIS! ❤❤❤
(Overall Market Sentiment) 🐻 Bearish
- My main worry is that the longterm upward support has been broken and had a retest but looks like it could be rejecting off of it for a new Resistance and a lower low / lower high.
- I have a red engulfing crossover on the 12 hour with compression on the daily. The Crossover strategy is showing a Crossover all indicators to the downside.
- All 3 ema dots ont he bottom are red and have been red consecutively.
- I will be taking a short with a 1.5% stoploss.
Share your charts and comments down below! Would love to hear your thoughts! ❤❤❤❤
Thanks for checking out our analysis! ✌😁✌
🥇MLT | MAJOR LEAGUE TRADER
Long GOOGL @ 15min @ 2nd bullish Dec. GAP > after bearish (Nov.)Take care
& analyzed it again
- it`s always your decission ...
(for a bigger picture zoom the chart)
This is only a trading capability - no recommendation !!!
Buying/Selling or even only watching is always your own responsibility ...
Best regards
Aaron
GOOGL @ Dec`16 upside trend broked fiday tradingGOOGL closed froday trading day in a last GAP of last week before
From this point of view, we could see an highly volatile week, while next 5 trading days!?
How ever, maybe i am reading too much in the chart?!
Currently, is essentiel, at least in my opinion, not only this GAP. Much more the 2nd one and 3rd one is huge (`cause the GAP manifest the start of the last doownside trend and following trend -reversal which even broked friday.
811.97 & 807.88 GAP of last week before (2nd half of week)
794.93 & 798.06 GAP of last week before (1nd half of week)
782.37 & 793.18 MAIN GAP after trump election (wednesday opening)
Tech shares are under pressure since president election. Specially the F-A-N-G`s :) While NFLX is lokking pretty bullish technicly, it seems like that FB also can etablishing it`s upside trend (dec`16). GOOGL should be under pressure this week, while AMZN already slighty bearish lokks like (for this week). That`s also the reason why i closed my BABA long position manually, last week! And awaiting lower prices in AAPL to get long again :)
As it may be comes until christmas,
huge important is the MAINLY GAP (between 782.37 & 793.18) & the monthly BB (802.89 & 784.17). Both technical facts should servce as something like support areas. Inclusive the 50% (61,80% & 38,20%) fib retracement, which is more or lesse around 789 (797 & 781) ...
All in all i am still (added: a little bit scary) slightly optimistic - even bullish - by prices above 800. Prices under 800 could have an psychological effect and maybe create much more pressure even until around 790 or 780. But at least at this area and all other techs (more or kless) should rise or even get back in green performance profit price areas, like before trump election :)
Take care
& analyzed it again
- it`s always your decission ...
(for a bigger picture zoom the chart)
This is only a analysis (for swing traders) - no recommendation !!!
Buying/Selling or even only watching is always your own responsibility ...
Best regards
Aaron