GOOGL expected correction and buying areaEven after its earning call Alphabet seems to be having a hard time it pumping. I expect it might have one more push above todays price then it might correct and will be a buying opportunity once it reaches the red box.Shortby heshamahliPublished 113
GOOGLE : Signal of the dayToday I share this signal on Google in which, as summarized in the image, it satisfies several criteria for a Long entry. With the use of LuBot, we see: 1. A last Swing Long signal dating back to March 16 which indicates the direction of the subsequent entries to be made. 2. SBS (start bullish structure) signal indicating the start of the short-term bullish structure 3. The TrendCloud is positive and the moving averages are also in a bullish configuration, the price has made a retracement in the last few days, moving right onto the TrendCloud which supports the new start. 4. Breaking of the trendline of the decreasing highs of the last few days 5. The predictum is in the Long phase 6. LuTrender returns positive on the Daily timeframe, it was already positive on the Weekly 7. The EVE (volatility indicator) indicates a likely increase in volatility, but it hasn't passed the excess level, so we are still in a good buy zone. On the other hand we have a resistance area between 127-128 as can be seen from the two red levels on the graph + the Predictum which, despite being in the long phase of the bottom, shows a signal of attention, so it wants to tell us that its vision is positive but could still go down before starting up. The analysis is based on the Daily timeframe, but to have better timing, I will go down to the 4H timeframe in order to wait for a decline and enter on a confirmation trigger. Considering that the PROS are greater than the CONS, I will take a short term trade with moderate risk. The stop loss could be inserted under the last lows and a take profit on 138 to be managed during the next movements. 👍 What do you think? If you also agree with my view leave a like 😁 💖 Remember to follow me so you don't miss my future analyses. 📊 Get access 🔑 for free to all my indicators for a week, write me to find out how to get free access for life 💥 TAGS: VANTAGE:SP500 , SKILLING:NASDAQ , TVC:DJI Longby LuTrader_LBUpdated 3
Google Bull Run StartsBought NASDAQ:GOOG at 106 $ and my targets are as shown on the chart The reason for me is because the price has already breakout the price channel and retest it Please let me Know what do you thinkLongby MhAlbeloshiUpdated 15
Following the herdBig tech keeps pushing up, not sure why but is doing it. Google seems to catch up very quickly. Looks like is forming a bullish flag prior to break out the 160 resistance and test 140 level. I'm not sure how long is going to take so I just opened a long position (no calls this time) and wait.Longby ArturoLUpdated 117
Tech Giants' Q2 Earnings Preview: Alphabet (GOOGL:NASDAQ) Leads Introduction The Q2 earnings season is on the horizon, and investors are eagerly awaiting reports from major tech giants, including Alphabet, Microsoft, Meta Platforms (formerly Facebook), Amazon, and Apple. Among these companies, Alphabet stands out as the most undervalued, presenting potential opportunities for investors. Let's delve into some key metrics and factors that make Alphabet an intriguing prospect for this earnings season. 1. Liquidity and Financial Strength Collectively, these tech giants boast an impressive, combined liquidity of over $500 billion. This significant financial strength provides a solid foundation for their operations and growth initiatives. Investors often look favourably upon companies with substantial liquidity, as it signifies the ability to weather economic challenges and capitalize on strategic opportunities. 2. Alphabet's Attractive Valuation When considering valuation metrics, Alphabet stands out with compelling indicators of being undervalued. Specifically, Alphabet is currently trading at a price-to-free cash flow (P/FCF) ratio of 24.68x, which is lower than its peers. This suggests that the market may not fully reflect the company's true value, presenting a potential opportunity for investors looking to capitalize on undervalued stocks. 3. Focus on Alphabet For investors closely monitoring Alphabet's performance this earnings season, several key areas will likely command attention: a. Advances in Google Cloud and AI Efforts Alphabet's Google Cloud and Artificial Intelligence (AI) endeavours have been significant drivers of growth and innovation. As businesses increasingly embrace cloud-based solutions and AI technologies, investors will be keen to assess any notable advancements in these areas during the earnings call. Strong performances in Google Cloud and AI segments may boost investor confidence in Alphabet's future prospects. b. Authorized Buyback of $70 Billion The recent approval of a $70 billion share buyback program by Alphabet exemplifies the company's strong belief in its financial standing and promising growth prospects. Investors will be eager to learn more about the company's buyback plans and how it may positively impact shareholders in the coming quarters. Conclusion As the tech giants prepare to release their Q2 earnings, Alphabet emerges as a particularly intriguing player, being considered the most undervalued among its peers. Its lower-than-average P/FCF ratio signals potential undervaluation, making it a stock worth watching for savvy investors. During Alphabet's Q2 earnings call, close attention will be paid to developments in Google Cloud and AI initiatives, as well as the details surrounding the authorised $70 billion buyback. As always, investors are encouraged to conduct thorough research and stay informed about these companies' financial health and strategic plans before making investment decisions. This content is provided for general information purposes only and is not to be taken as investment advice nor as a recommendation for any security, investment strategy or investment account.Longby CapitalMarketsEliteGroupPublished 2
Recent high point of Google stock at 2.382 on the Golden Divide!Recent high point of Google stock at 2.382 on the Golden Divide! This chart shows the weekly candle chart of Google stock over the past year. The graph overlays the low point at the end of 2022 against the golden section. As shown in the figure, the recent high point of Google stock happens to be at 2.382 on the Golden Divide! In the past six weeks, Google stock has been vying for long and short positions around the 2.000 position on the golden section in the chart, but has not effectively touched the strong support below, which is the 1.618 position on the golden section! In the future, Google's stock is likely to strengthen again after hitting the 1.618 or 1.382 positions in the golden section of the chart!by Think_MorePublished 2
GOOG Post earning Analysis|25th July 23I am pretty confident about price hitting $136 and then $138. Make sure to understand price action in depth.03:54by THECHAARTISTPublished 442
GOOGLE 4th wave triangle wave5 up after hours 131The chart is that of google on the hourly . It seems that we had a abcde 4th wave triangle that ended today and in after hours we are rallying in what looks to be a 5 wave . I sold my net long just alittle to early but still gained 1.6 % best of trades wavetimer by wavetimerPublished 3
Modest down on GOOGL earningsDowsing says to look at the price $118 and also a 5% move down, which atm = $116.27 My spidey sense felt better about the downside and numbers I got were 6 and 9. 6% maybe? The 9, well, maybe my mind playing tricks lol! We'll see!by JenRzUpdated 111
$GOOGL EARNINGS Analysis, Key Levels & Targets NASDAQ:GOOGL EARNINGS Analysis, Key Levels & Targets Implied move for earnings today is between 115-128 (5.24%% move) Fun fact: Typically 8 out of 10 Gaps fill No position here as all of my open positions right now are in SPX and SPY, but that doesn’t mean I won’t take one after earnings…. Maybe sell some puts after a selloff… 🤭 Definitely looking down from here... Shortby SPYder_QQQueen_TradingPublished 113
$GOOGl Technical AnalysisNASDAQ:GOOGL has several bullish patterns forming. There is a Bull Flag consolidating, there is inverse head & shoulders pattern, and NASDAQ:GOOGL is above the 150 day moving average showing an uptrend. Longby AlgoTradeAlertPublished 1
GOOGLE How is it looking before the earnings?It has been very long since we last looked into Google (GOOG) but last time we did (November 07 2022) we gave a massive buy signal (see chart below) at the market's absolute bottom: The stock price rose +49% since then, giving us one of the most successful low risk trades of the year. With the company reporting its Earnings today though, we shift back to the 1D time-frame where the stock has been trading within a clear Channel Up throughout this recovery phase. Based on the 1D MACD Bearish into Bullish Cross sequence, we may be at a Higher Low leg as on March 13. As long as the price is trading within the Channel Up and the (dotted) Channel Down, we remain bullish, aiming at a +21% rise (standard inside the Channel Up) and a price target of $140.00. If the price breaks below the Channels' bottoms, we will sell, targeting the 1D MA200 (orange trend-line) at $106.50. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Longby TradingShotPublished 2220
Bearish sentiment for $GOOGThis is from the 3-8 strategy. Price action movement forms the 3/8 crossover for bearish movement. Price target is around $109 in short term. Not a financial advice.Shortby Jay_Mata_LaxmiPublished 1
Googl may rise to 125.00 - 126.25Our pivot point is at 120. The upside prevails as long as 120 is support. Alternative scenario Below 120, expect 118 and 117. Comment The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Alphabet is trading above both its 20 and 50 period moving average (respectively at 121.02 and 120.91). Supports and resistances 127.25 ** 126.25 * 125 ** 124 121.425 last 120.75 120 ** 118 * 117 **by RabieLaaouadPublished 0
Alphabet Inc (‘GOOGL’), DailyShares in Alphabet Inc (symbol ‘GOOGL’) have made some significant gains in the second quarter of the year of around 38% and have somewhat continued their bullish run in the first half of July. The company is expected to report earnings for the quarter ending June 2023, on Tuesday 25th of July after market close. The consensus EPS is $1,32 compared to $1,21 in the same quarter last year. Antreas Themistokleous at Exness: “ The company is very well positioned financially with the total assets outweighing total liabilities at a ratio of more than 3 : 1. This in combination with the very strong current ratio of 235% shows that the company seems to be more than able to withstand any short term economic turmoil. Investors and traders might find the current status of the company more than appealing, making it a good addition to their portfolios.” On the technical analysis side the 50 day simple moving average is trading well above the slower 100 day simple moving average validating the overall bullish momentum in the market for the share of the tech giant. The Stochastic oscillator is recording overbought levels indicating that a correction to the downside might be a possible scenario in the near short term. If this is confirmed then the first point of strong technical support could be laying around the $120 price area which consists of the area between the 23.6% and 38.2% of the daily Fibonacci retracement levels, the level where the 20 and 50 moving averages meet as well as the psychological support of the round number. by Exness_OfficialPublished 0
GOOG looking prime heading into earningsGOOG trading back inside this channel. It has been respecting the 4H 50MA really well so I expect it to continue with a bounce around this $122-123 range. I see it rallying up to $125 before its earnings report on Tuesday 7/25 AH. Longby rextradezzUpdated 1
(GOOGL) - 30min, Harmonic Pattern + Median Line Bullish SetupBullish complex harmonic pattern + median line test/re-test long entry. Target = center line or T1 & T2 Aggressive stop-loss used to obtain a better than 4:1 risk vs. reward DYODDLongby moleman340Published 2
Alphabet(Google) Long BullishTechnical Bullish HHHL above 99 Trendomat BuySell pressure Bullish Weekly average price above Monthly average price 145.32 is critical as Volume value is weak. Incase volume would increase and abreak above 151 Alphabet will potentially walk to above 210 A break below 86 is bearish. Return vs Industry: GOOGL underperformed the US Interactive Media and Services industry which returned 22.5% over the past year. Return vs Market: GOOGL underperformed the US Market which returned 14.5% over the past year. Stable Share Price: GOOGL is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week. Volatility Over Time: GOOGL's weekly volatility (4%) has been stable over the past year. Price-To-Earnings vs Peers: GOOGL is good value based on its Price-To-Earnings Ratio (26.7x) compared to the peer average (51x). Price-To-Earnings vs Industry: GOOGL is expensive based on its Price-To-Earnings Ratio (26.7x) compared to the US Interactive Media and Services industry average (19.9x) What is the Fair Price of GOOGL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model. Below Fair Value: GOOGL ($123.1) is trading below our estimate of fair value ($160.36) Significantly Below Fair Value: GOOGL is trading below fair value by more than 20%. Alphabet is forecasted to grow earnings and revenue by 13.1% and 9% per annum respectively. EPS is expected to grow by 14.6%. Return on equity is forecast to be 22.3% in 3 years. Analyst Future Growth Forecasts Earnings vs Savings Rate: GOOGL's forecast earnings growth (13.1% per year) is above the savings rate (2.1%). Earnings vs Market: GOOGL's earnings (13.1% per year) are forecast to grow slower than the US market (15.7% per year). High Growth Earnings: GOOGL's earnings are forecast to grow, but not significantly. Revenue vs Market: GOOGL's revenue (9% per year) is forecast to grow faster than the US market (7.5% per year). High Growth Revenue: GOOGL's revenue (9% per year) is forecast to grow slower than 20% per year. Future ROE: GOOGL's Return on Equity is forecast to be high in 3 years time (22.3%) Earnings and Revenue History Quality Earnings: GOOGL has high quality earnings. Growing Profit Margin: GOOGL's current net profit margins (20.6%) are lower than last year (27.6%). Earnings Trend: GOOGL's earnings have grown significantly by 25.9% per year over the past 5 years. Accelerating Growth: GOOGL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average. Earnings vs Industry: GOOGL had negative earnings growth (-21.4%) over the past year, making it difficult to compare to the Interactive Media and Services industry average (-16.9%). High ROE: GOOGL's Return on Equity (22.5%) is considered high. Financial Position Analysis Short Term Liabilities: GOOGL's short term assets ($162.0B) exceed its short term liabilities ($68.9B). Long Term Liabilities: GOOGL's short term assets ($162.0B) exceed its long term liabilities ($39.7B). Debt to Equity History and Analysis Debt Level: GOOGL has more cash than its total debt. Reducing Debt: GOOGL's debt to equity ratio has increased from 3.3% to 4.5% over the past 5 years. Debt Coverage: GOOGL's debt is well covered by operating cash flow (757.9%). Interest Coverage: GOOGL earns more interest than it pays, so coverage of interest payments is not a concern. CEO Compensation Analysis Compensation vs Market: Sundar's total compensation ($USD225.99M) is above average for companies of similar size in the US market ($USD12.23M). Compensation vs Earnings: Sundar's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year. Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months. Longby DaveBrascoFXUpdated 2
Alphabet Ready For a Collapse?My 06/25/23 post noted that Alphabet (GOOG) could rally above the peak at 129.55 and top somewhere in the low 130 area. GOOG rallied but has since had a sharp reversal. MACD has a bearish lines cross and RSI has crossed below its moving average line. A break below 115.83 could open the door for a move down to the 90 area. Shortby markrivestPublished 447
GOOGL Alphabet Options Ahead of Earnings ! Sell-Off Thesis !If you haven`t sold GOOGL here: or reentered here: Then analyzing the options chain and chart patterns of GOOGL Alphabet Inc prior to the earnings report this week, I would consider purchasing the 115usd strike price Puts with an expiration date of 2024-1-19, for a premium of approximately $6.15. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. While Google currently holds a dominant position in the search engine market, the landscape is dynamic and subject to change. If Microsoft successfully leverages its partnership with OpenAI to enhance Bing's capabilities, coupled with strategic marketing initiatives, it could potentially chip away at Google's market share over time. You can read my full GOOGL Sell-Off thesis here: Looking forward to read your opinion about it. Shortby TopgOptionsPublished 225
GOOGL DailyLooking like it may break down to fill that gap, grab that liquidity pool, then turn back up.by Westcobra22Published 1
Earnings 7-25Descending triangle that did not totally break to the upside. Top line slopes down and bottom line virtually flat. Price is sitting on the former resistance line of the triangle which is now support. On monthly timeframe there is a large Doji/indecision No recommendation/Throwback as this turned back down shortly after breakout. Throwbacks can hurt performance.by lauraleaUpdated 6
GOOGL Short before longAs i am learning to swing trades a bit more, my take on NASDAQ:GOOGL is that we come back down to $116.68 range to finish the pattern out. I know Youtube just released news on subscription increases, which in my opinion is bullish overall. Never the less I am still looking for NASDAQ:GOOGL to give us a slight retracement back to that $116.68 range. Please feel free to comment and give your over view on it as i am trying to learn as much as possible Shortby jeremywhitehousePublished 3