Since the 102 levels for Google has been tested twice it is not holding up, Google's support levels are around 92. Google's next level of resistance is around 110. My Plan: Sold a 93 Put for October 14th Expiry pocketing $110. I'm fine if I google for 93.
GOOGL is in a nice channel and not that volatile. Weekly RSI is high and Day is starting to decline. Stochastic slightly positive. The channel top is $ 3,082 and bottom $ 2,600. Strategy SELL $ 3,025 or better and take profit at 2,650.
The Google stock will start in a downtrend from the area shown on the chart first target 2394 second target 2122
📉 NASDAQ:GOOGL SHORT H4 🛒SELL BELOW = 1716.47 🎯Target1 = 1653.93 🎯Target2 = 1615.27 🛑Trailing Stop loss = 1817.66 ❌Cancel trade and open reverse trade = 1817.66 🙈Recommended risk = 1-2% #GOOGL #GOOGLSHORT #GOOGLSELL
📉 NASDAQ:GOOGL SHORT H4 🛒SELL BELOW = 1446.35 🎯Target1 = 1415.95 🎯Target2 = 1397.15 🎯Target3 = 1366.75 🛑Stop loss or cancel trade = 1495.60 🙈Recommended risk = (1%-2%)
The last time GOOGL missed on earnings was 18Q2, and the price action into that is very similar to that from December 2018. In both cases there is - a rise before earnings of just over 30% in a clear parallel channel to around 1290 - a drop into a lower pitchfork channel, losing 10% to around 1155 - a 50% fib deadcat bounce to around 1220 - then a return to the...
Google has been in uptrend since April but now price is coming strong supply zone. I will be bearish on this stock for next week with the target of 1140,but will wait to short at 1170-1180 levels.
Our preference: sales position below 1010.00 with targets at 991.00 & 981.00 in extension. Alternative scenario: in excess of 1010.00, aim for a continuation of the rise with 1020.00 & 1030.00 in line of sight. Comment: The RSI calls for a continuation of the decline.
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) Best regards Aaron
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 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...
If GOOGL will be traded above 816.04 again, the way into new all-time highs is only a quest of time :) Take care & analyzed it again - it`s always your decission ... (for a bigger picture zoom the chart) Best regards Aaron