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Alphabet (GOOGL) Shares Drop Over 7% in a Single DayAlphabet (GOOGL) Shares Drop Over 7% in a Single Day According to the Alphabet (GOOGL) stock chart, yesterday’s main trading session opened around $163.70 but then saw a sharp decline, hitting an intraday low of approximately $148 per share. By the close, bulls managed to recover only a small portion of the losses. As a result, Alphabet (GOOGL) shares fell by more than 7% during the session – marking the worst performance among the S&P 500 constituents (US SPX 500 mini on FXOpen). Why Did GOOGL Shares Fall? The drop followed remarks by Eddy Cue, Apple’s Senior Vice President of Internet Software and Services, who: → noted a decline in search traffic on Safari; → revealed plans to expand Safari’s search capabilities using artificial intelligence. These developments heightened concerns over Google’s dominance in search and its advertising revenue. According to media reports, analysts are warning of rising competition from AI-powered search platforms such as OpenAI, Grok, and Perplexity. Technical Analysis of Alphabet (GOOGL) Shares In our 23 April analysis, we identified a descending price channel and emphasised the psychological significance of the $150 level, which had served as a key support in 2024. Since then, bulls showed confidence by pushing the price above the red channel. In addition, the chart has begun to outline a potential ascending trend channel (marked in blue). However, yesterday’s statement from competitors shifts the outlook. The current GOOGL stock price is positioned at the lower boundary of the blue channel – which could act as support, reinforced by the psychological $150 level. On the other hand, a bearish breakout below this area may revive the downtrend that began in February, potentially paving the way for a test of this year’s lows. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
NASDAQ:GOOGL
by FXOpen
1
"Mastering Trend Confirmation: From Structure to RSI with ALGTP 📌 Custom RSI & Structure Sync with Quantum – How We Analyze with ALGTP Many traders use different versions of RSI—and that’s totally fine. But with the custom-built RSI in the ALGTP system, we’ve synchronized it with our Quantum Zones and Market Structure, allowing for: Clear identification of solid Support and Resistance zones—no more second-guessing when price is at a key level. Accurate detection of reaction zones (R1, R2)—so you won’t jump into trades blindly. 🎯 How It Works in Practice: ✅ 1. RSI Is More Than Just RSI The ALGTP RSI is integrated with Quantum Cloud and Price Structure. When RSI hits R1 or R2 without a valid breakout signal → stay out of the trade. If you're already in → always set a stop loss when you're within R1 or R2 zones. ✅ 2. Watch for "Open" on Quantum Structure If you see a label called "Open" on Quantum, that means the structure is resetting back to the origin (zero). At this stage, avoid making early bias calls—wait for AO and RSI to align before reacting. ✅ 3. Use AO & RSI Together to Define Zones If AO turns flat/sideways (purple bars), and RSI moves into the neutral zone, it signals no momentum—a potential breakout or breakdown zone. If a breakout happens, RSI will blast through R1, and the system will automatically establish new targets via Quantum. 🔁 4. Final Trend Check: Always Return to the 15-Minute Timeframe After scanning the higher timeframes (1H, 4H, etc.), come back to the 15-minute chart for confirmation: If price action is above the 15m Confirmation Trigger → the overall trend remains bullish. If price closes below Confirmation → the entire multi-timeframe structure flips to bearish. ⚠️ Key Takeaways: ⚡ Seeing R1/R2 without AO + RSI confirmation? → No entry. ⚡ Seeing “Open” on Quantum? → Structure is resetting—be patient. ⚡ Always finish with a 15m check to validate or reject higher timeframe bias.
NASDAQ:TSLA
by TWRTEAM
COINBASE – Strategic Setup Before Earnings TonightCOIN is showing a high-conviction technical bounce after a –56.7% drop from December to April. Since hitting the long-term trendline, it has already recovered +41%, and momentum is building fast. 📣 Just Announced: Coinbase is acquiring Deribit for $2.9B, entering the crypto derivatives market — one of the most profitable verticals in the entire industry. This massively strengthens their business model with: 🔹 High-margin futures/options trading 🔹 Diversified income beyond spot trading 🔹 Stronger appeal to institutional clients 💰 Meanwhile, Bitcoin just reclaimed $100K, adding fuel to Coinbase’s Q2 potential. 🔍 Technical Setup (3D chart): ✅ Bounce off long-term trendline ✅ MACD bullish crossover (historically reliable for COIN) ✅ Heikin Ashi candles flipping bullish ✅ Still ~70% below recent high — upside potential is real 🧠 Fundamental Picture: • Q1 earnings expected to be softer due to slower retail volumes • BUT revenue from staking, USDC interest, and custody remains strong • If they show signs of recovery in April/May — this could explode to the upside • ARK Invest is buying dips — institutions are interested here 🎯 Trade Plan: Entry: $204–208 ✔️TP1: $225 ✔️TP2: $252 ✔️TP3: $285 Stop-Loss Options: 🔸 $178 (short-term invalidation) 🔸 $145 (below trendline & April low — swing structure) ⚠️ This is a high-risk / high-reward setup ahead of earnings. Manage size carefully and avoid overexposure.
NASDAQ:COINLong
by ValchevFinance
$GRAB Long Term Trade IdeaTaxi and delivery service stocks all look bullish at the moment. Lyft and Grab are both a couple of my favorite longer term swing trade/investment plays just based off risk/reward and how beaten down both the stocks are. If shown patience this trade could work wonders. I like it a lot because it gets me a little exposure to assets outside the U.S. and from a chart perspective its hard not to love a setup like this. 1. The buy side volume shown here is the highest its ever been for the stock by a long shot. 2. Price has been in a descending wedge type formation for several months now and is attempting to make a breakout, though this month's candle still has a lot of time left. 3. That hammer candle, especially considering it being printed on the 1M timeframe, is incredibly bullish in my eyes. This chart reminds me a lot of NYSE:BABA but a bit earlier in its breakout stages. To me it is clear that accumulation has been taking place for over 2 years now and a big markup is upon us. I have 3 take profit areas marked based off a few different Fibonacci levels I like that also have confluence with supply/demand dynamics present on the chart. multiple daily/weekly candles below $4 could be a a good stop loss area as that would invalidate a lot of the bullish structure. Based off the current price this provides you with a minimum 2.75x RR trade and a maximum of 7x RR. My average price is $4.25. Any pullbacks below $4.50 I will be looking at as great buying opportunities. Will do my best to update this idea periodically over the next year or so.
NASDAQ:GRABLong
by ChazzyFreshh
Bank of America Wave Analysis – 8 May 2025 - Bank of America broke the resistance zone - Likely to rise to resistance level 44,00 Bank of America recently broke the resistance area between the resistance level 41.35 and the 61,8% Fibonacci correction of the downward impulse from February. The breakout of this resistance zone accelerated the active impulse wave 3 of the intermediate impulse wave (3) from the start of April. Bank of America can be expected to rise to the next resistance level 44,00 (top of the previous correction iv from March).
NYSE:BACLong
by FxProGlobal
CPA – Triangle + Ichimoku Breakout Targeting 124NYSE:CPA Copa Holdings (CPA) is breaking out of a long-term descending triangle and clearing the Ichimoku Cloud with strong volume. This double breakout signals a potential trend reversal and momentum surge. Trade Setup: Entry: $101.12 (current) Stop Loss: $95 Target: $124 Risk–Reward: ~1:3.8 Clean structure, volume confirmation, and Ichimoku alignment make this setup one to watch. Targeting $124 over the next few weeks if breakout holds. #CPA #Breakout #DescendingTriangle #IchimokuCloud #SwingTrade #TechnicalSetup
NYSE:CPALong
by kksaha87
An insurance for your investmentsWhat does SKWD do? NASDAQ:SKWD is an American insurance company, but not your typical one . They focus on “specialty insurance”, they cover unique or complex risks that big, traditional insurers often avoid. Think about things like renewable energy, media liability, or niche business programs. This lets them play in markets with less competition and better profit margins. How’s the business doing? Strong growth : Their revenues have been growing at around 27% per year, which is much faster than most insurance companies. Solid profits : In 2024, they made $118.8 million in net income, up 38% from the year before. Their return on equity (ROE)-a key measure of profitability was 16.3%, which is very healthy for this industry. Premiums keep rising : The amount of insurance they sold (gross written premiums) jumped 20.8% last year, and they keep launching new products in promising areas like life sciences and renewable energy. Efficient operations: Their “combined ratio” (which shows how well they manage claims and expenses) is around 91.6%. Anything under 100% means they’re making money on their core business, even after paying out claims. What’s special about their strategy? They’re all about owning their niche . Instead of trying to be everything to everyone, they pick markets where they can be experts and set the rules. They keep innovating, launching new specialty products and expanding into growing sectors. Management is experienced and focused on disciplined growth, not just chasing volume for the sake of it. What about risks? Like any insurer, big natural disasters (hurricanes, etc.) can hit their results in a given quarter, but their diversified approach helps cushion the blow. Their stock isn’t super cheap compared to peers, so they need to keep up the growth to justify the price. Future outlook Analysts expect SKWD to keep growing earnings and revenue by about 12–15% per year, which is strong for insurance. The company’s strategy and track record suggest they can keep grabbing market share in these specialty areas. Technically The chart has break a triangle, which is a great trend continuation pattern. Any buy near supports or the trendline would be an amazing opportunity in the mid or long run.
NASDAQ:SKWDLong
by TopChartPatterns