GOOGL Bullish set-upGOOGL is trading in ascending broadening wedges. Potential entry right now close to the upsloping support. Take profit at around 190 and the final target at 237$.
Stop loss; 145$
GOOGL trade ideas
Alphabet (GOOG) - Wyckoff Reaccumulation BreakdownIn this idea, I’m analyzing a potential reaccumulation pattern on Alphabet (GOOG) using Wyckoff phases and the behavior of vector candles and volume. Price action, vector candles and volume give us clues about market participants' behavior at each phase.
Let’s break down the phases:
Preliminary Support (PS) occurs after an upward incline, showing the first signs of buyers stepping in to stabilize the price. Volume slightly increases, and bullish vector candles appear, signaling the beginning of accumulation.
Buying Climax (BCLMX) is the temporary high where buying pressure peaks. Volume spikes as large traders sell to retail buyers, and we see both bullish and bearish vector candles, indicating a tug-of-war.
Automatic Rally (AR) follows the BCLMX, marking the lower boundary of the trading range. Volume decreases as sellers lose strength, and bearish vector candles appear with less conviction.
Sign of Strength (SOS) is the breakout above the AR, confirming the dominance of buyers. Volume increases significantly, and large bullish vector candles signal strong demand.
Secondary Test (ST) is a pullback that retests support, with volume dropping off. Small, weak vector candles confirm the absence of aggressive selling, showing that buyers are still in control.
Spring is a shakeout that dips below support to trap sellers before reversing. Volume remains low, and any bearish vector candles lack follow-through, confirming it as a fake-out.
Test confirms the Spring with a low-volume retest of support. The lack of activity and small candles indicate the market is ready to resume its upward move.
Key Things to Look for in Reaccumulation:
-Declining sell volume on down moves, indicating weakening supply and a lack of aggressive sellers.
-Bullish vector candles with increasing volume during up moves, confirming demand and strength.
-Low-volume pullbacks (ST, Spring, and Test) with narrow candles, showing that sellers are being absorbed and buyers are in control.
-High-volume breakouts (like SOS) with wide bullish vector candles, signaling the potential for the markup phase.
-Sell volume spikes at resistance with no follow-through, indicating failed attempts to push the price lower, often followed by bullish moves and stronger uptrends.
GOOGL – Key Trading Points: SMA 150, Stop Loss, and Buy Opportun
This chart for Alphabet Inc. (GOOGL) displays key levels and indicators, including the 150-day Simple Moving Average (SMA), along with stop-loss checks and start-follow signals. Recent stop-loss alerts are triggered near the price of 160.8, with a buy option recommended at 164.88. The 150 SMA is currently at 163.25, signaling a potential price zone for trend following. Keep an eye on these levels to manage risk and identify possible entry points in line with the highlighted signals.
Google - Looking For Sell Triggers Around 171This video provides an overview of the things that I am watching for Google right now.
-We need to monitor the quarterly, monthly & weekly divergences that are currently setup, but not yet confirmed. These are not actionable right now, but they definitely need our attention. If confirmed, they imply some very significant moves in this market.
-We can see that the Monthly is still bullish, and we had a monthly MAC entry confirm on the Daily on September 13th. This trade still has not hit its targets, with the first being 169.69 (what a great number). The second target being 180. I would not be surprised to see Google trade up to 169.69 sometime soon.
-The Weekly chart is confirmed bearish for the MAC strategy. What this means is that any rallies into the weekly MAC high are opportunities to sell on the H6 chart. I'll be looking for sell triggers if price trades into the 171 level (Weekly MAC high).
-Threw in some cycles, for fun.
Have a great week.
$META $TSLA $PLTR $GOOGL $RCL - option watchlistOPTIONS WATCHLIST 9/22/24
NASDAQ:META - Stock is breaking out as expected after $545 level broke. Looking for more upside as long as $560 holds for a move towards $575 and $600. Stock is strong on indicator level
NASDAQ:TSLA - Stock still holding below trendline resistance and has a gap to fill to $246.18. Calls above $240 for a move towards gap fill and top of trendline. Puts if fails to hold $235. Stock is still strong on indicator level.
NYSE:PLTR - Stock seeing decent call flow coming in. Stock is in steady uptrend with that big volume candle on friday. Next resistance at $40. Looking for calls above $37.35.
NASDAQ:GOOGL - Stock breaking out of trend channel and has a small gap to fill to the upside from $168.60 to $170. Looking for calls as long as the stock holds $163.50. Stock is strong on indicator level.
NYSE:RCL - stock is breaking another all time highs on friday. Company recently Commenced Private Offering Of SEED_TVCODER77_ETHBTCDATA:1B Of Senior Unsecured Notes Due 2031. Calls above $175 for price target of $180 an $185
GOOGLE THis is what i call SOLID DESICION !! Finally, Google breaks the bearish channel! And we are still at an excellent buying price!
If you're in for the long term with Google:
This is what we call a SOLID DECISION! Despite the recent bad news Google has faced, like lawsuits and other security issues, fundamentally, Google has always shown strength: 0 debt, solid sales and earnings, and, best of all, it’s an innovative company. With an intrinsic value of $180 per share, it’s definitely a long-term buy.
My advice always: forget the news; the numbers speak for themselves! One of the most solid financial statements in the market at a great price.
Now, let's move on to the technical analysis of Google:
Finally, Google breaks the bearish channel with great strength, after respecting our inflection zone (blue zone). As you can see, the price has respected this zone significantly. I’ve been analyzing Google and its rebounds in this zone for months, and we've been forecasting each movement based on the buyer pressure volume when touching this critical area.
In this case, I’ve drawn a vertical line, indicating we're getting closer to Google’s next earnings report. In my opinion, the price will pull back around the $187-$168 range before continuing its bullish trend.
Remember, as Google’s earnings report approaches, we’ll likely see a significant price increase.
Key point: This earnings report will be crucial for Google to move closer to $191, obviously if the report is favorable, but let’s not get ahead of ourselves. First, we want it to pass the point of interest around $168.
Let’s see what Google has in store for us this week...
Thank you very much for supporting my analysis!
GOOG - 1W - Start of Bullish MomentumAlthough Alphabet (GOOG) has underperformed the S&P 500 this year, momentum may be shifting.
The stock recently broke out from a substantial rounding bottom and has now formed a falling wedge near its 50-week EMA support.
Additionally, it has bounced precisely off support around the $150 level. With hidden bullish divergence emerging, the technical indicators suggest that a move higher could be imminent.
Goog at the 200 MA on the daily w/.618 retracement Goog is at the 200 MA on the daily w/.618 retracement.
Market cycles says the best time to take long term positions is September so let's goooooooo
Target is 175
Seasonality and Earnings in 30 Days or Less.Depending on earnings being rescheduled or changed from its estimated date. The movement from July 1st till earnings in late July should be watched closely.
My three scenario's are the following I drew but in my opinion we need to see a healthy draw down to my zone in pink for a rally. Worst case scenario is a blow off top this summer, if you want a long term bull run, its time for big cap tech to chill out for a little lol.
Weekly Chart Analysis of Google - 22/09/2024Google gives a strong bullish signal on the weekly chart. I believe the pullback in the uptrend has ended, and prices will continue to skyrocket.
We are seeing a strong area of confluence. Prices have touched the Fibonacci 0.618 golden ratio, which aligns with the 50 EMA and SMA. Additionally, there is a strong demand level and the bullish momentum is confirmed by a candle close. This is an excellent time to ride the wave.
GOOGL LONGGOOGL - Fed reducing rates, money flowing out of FIA into equities, should see a boost from this breakout to areas above.
Long GoogleA long signal was given by my indicator combination on Sept. 11th. Additionally, you can see the potential inverse h&s pattern supporting the signal. The pink ascending tl is also still holding for support. Target would be around $220 or once my signal flashes red whichever comes first.
Bulls FlagsThe has found support at the SR Flip zone. It's currently trading inside a bullish flag, a breakout of the flag will be enough confirmation for us to buy.
Google Long trade ideaIm planning to long the Google
Entry: 139.01 Stop Loss: 128.98 Take Profit: 158.89
Main Focus List Review 9-17-24Going over our Main Focus list looking for clues as to what the market is telling us and how we can position going forward. we're not going to predict we are going to wait patiently and react. NO A+ Setup NO TRADE. FOMC tomorrow. We've rolled to DEC contracts Futures
GOOGLE looking strong ! we identified a important area. Google needs to break the bearish sequence channel.
We have discovered several inflection points that create a very important zone, which is fully respected. When the price falls into this zone, it simply bounces because historically, these inflection points (green circles) have shown a liquidity and trend action.
If you can see on the 3rd circle, there is a high-volume candle that, upon rejecting the downtrend, creates a zone that could become a support zone if the price were to fall, and that’s exactly what happened in our 4th circle.
GOOGL is undoubtedly showing a lot of strength; however, this coming week, Google needs to show the same strength it has demonstrated over the last two days. In other words, we need enough volume for the price to break the sequential channel and see Google back above 168 or more.
We will see how it goes this week.
Thank you for supporting my analysis.
Best regards.
GOOG Stock: Bullish Momentum Building### GOOG Stock: Bullish Momentum Building
📈 **Alphabet Inc. (GOOG) - Continuing the Upward Trend**
Since early November 2022, GOOG has been on a solid upward trajectory, establishing a bullish channel that suggests further potential for growth.
🔍 **Key Observations:**
1. **RSI Channel Formation:** The Relative Strength Index (RSI) is currently at 44.79, indicating that there is still room for upward movement within the bullish channel without entering overbought territory.
2. **MACD Indicator:** The MACD shows signs of a potential reversal, which could indicate a shift in momentum. Traders should watch for confirmation of this change, which may signal a strengthening bullish trend.
3. **Moving Averages:** GOOG is on the verge of breaking a significant technical level above the 200-period Moving Average. A successful breakout could allow the stock to target the 20-period and 50-period Moving Averages, which could act as additional support levels in the near term.
4. **ADX Indicator:** The Average Directional Index (ADX) is currently at 37.53, indicating a strong trend and momentum. This level suggests that the bullish trend has the potential to continue, providing a favourable environment for upward price movement.
💡 **Conclusion:**
With the RSI indicating the potential for further gains, the MACD showing signs of reversal, and the ADX confirming strong momentum, GOOG appears well-positioned for continued upward movement. Traders should monitor the price action closely, especially around the key moving averages, to make informed trading decisions.
Multi-Confluenced Buy Area (GOOGL)GOOGLE’s weekly chart is STACKED with confluences. I’ll live with any loss after such a signal. For starters there’s a Jeanius Buy on the weekly. This is signal is being printed a key area with many confluence factors (listed below).
- Multi-Demand Area test that has been tested about 15 times.
- Break and Retest of a supply area
- Longterm uptrend that has been tested 4 times.
- A weekly fair value gap that has been 14.29% filled.
- Weekly break of structure and retest
- Long term and short term trend alignment
- Price has reclaimed the 50MA after previously closing below
- Weekly Larkuidity Sweep (sweeping 2 untested lows with a volume of 374.107M) … volume bar exceeded average
- Sitting within the golden zone of a weekly fib retracement
- Bounce from oversold area of RSI
- A weakness in sellers are displayed
GOOGLE.... Go Long!After the bullish BOS, sweeping all of the external liquidity, price returned to the breakout level to find support at the +FVG.
Also worth mentioning, price retraced to the OTE fib level of .705, as well.
The reaction is a good one, as last week's candle had a strong, bullish close.
The outlook is bullish. Longs only.
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
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I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
GOOGLE: The 3rd major bullish wave begins.Google is just turning from bearish to neutral today on the 1D time-frame (RSI = 44.178, MACD = -4.950, ADX = 38.408), same situation also on its 1W outlook, as the stock recovers from the 1W MA50 breach last week. The green weekly close today is positive as it restored the price back inside the 2year Channel Up. A second straight green candle next week, will validate the start of Google's new 250day bullish wave, with the two before it rising by approximately +60% each.
If you are a long term investor, wait for next week's candle close and if green, buy (TP = 230.00).
See how our prior idea has worked out:
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Google in prime buy area Prime time buy area for alphabet.
Came back to test previous 2022 high.
Came back to .618 fib level (premium buy area)
200 DMA at 159.
Looks safe for a swing trade 149$ stop loss
A push above 200dma and close could mean a real reversal for Google.
