(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
DYODD
GOOG trade ideas
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.
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.
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.
GOOGL DailyLooking like it may break down to fill that gap, grab that liquidity pool, then turn back up.
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.
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
GOOG - BO over DTLRGOOG broke over descending trendline resistance yesterday with +20% volume; not super-impressive but SPY vol was -10% and XLK vol was -25% so clearly GOOG was getting good rotation. TRS now ascending with bullish alignment.
Need to get FT today. This area was good support back in Jul '21 and retested multiple times Jan-Mar '22 before caving in Apr. We got a retest somewhat in Aug and we're coming off yet another. So I want to see GOOG take out the last SH at $126.70, 52WH at $129.55 then possible resistance around $131.
Earnings Jul 25
Google seems to be falling along with other Fintech and giants as we can see google is consolidating at its ATH so there are good chances that, this ticker falls down and retraces down to its preview supports
as we know there are some fundamental news also going on about some anti-republican activity and censorship on YouTube and other domains in this company so we can have some fall speculation on this company for a while.
please comment your opinions
GOOGLE LONG IDEA TO TAKE BUYSIDE LIQUIDITY Look for google to break above the inversion sib then use it as support to push the buy side liquidity.
GOOG inverse cup and handleDaily timeframe inverse cup and handle. Has 2 gap fills in both directions. It will fill either one tomorrow depending on how CPI data is. Leaning more to the bullish upside due to the market sentiment that CPI data will show a cooldown from the 4% May data.
LONG GOOGLEPrice reached double bottom on 15 min chart and price came down in a bearish wedge on 1 min we will target top of the wedge.
1 Min Chart Below.
GooglWeekly right shoulder is setting up for a very large move higher.
Fib levels are from 2020 low and ATH.. As you can see 127 is very tough. I'd only go long with a close over 128.
A couple of patterns are playing out here.
The bigger picture is the Inverted H&S
The second pattern is the bullflag on the weekly. Flag took 6 weeks to form
My targets are the gaps 133 then 140. So if you're a swing trader , you would go long over 128 and take profit at 133 gap close.. le5 things cool down then go back long for 140.
Long over 128.. 126.00 stop loss
$GOOG, Weekly TFIf Google fail to break the weekly resistance the price might retest the daily support 118$
Buy trade on GoogleGuys i'm bullish on google on the daily timeframe, after price broke the upper trendline of the falling wedge.
#trading #forex #stocks #google
GOOG - Rising Trend Channel [MID -TERM]🔹Breakout rising trend channel.
🔹Breakout resistance at 123, signals further rise.
🔹Technically POSITIVE for medium-term long-term.
Chart Pattern;
🔹DT - Double Top | BEARISH | 🔴
🔹DB - Double Bottom | BULLISH | 🟢
🔹HNS - Head & Shoulder | BEARISH | 🔴
🔹REC - Rectangle | 🔵
🔹iHNS - inverse head & Shoulder | BULLISH | 🟢
Verify it first and believe later.
WavePoint ❤️
GOOG steps into short areaGOOG reaches again the $127 - $130 area, many will expect a similar reaction like before. The area is not very accepted.
Entry around $129
Target $127
July Trades (GOOGL, account up 2.99%)3rd day trade in July is NASDAQ:GOOGL .
Account is up 2.99%.
Total return in July is 5.03%.
GOOGLE - BULLISH SCENARIOAlphabet Inc is situated in the lower range of a robust and upward short-term trend, suggesting a potentially favorable buying opportunity. It is worth noting that if the lower trend floor at $117.50 is breached, it could indicate a slower pace of growth and potentially serve as an early warning for a shift in the trend. Based on the present short-term trend, the stock is projected to experience a 16.42% increase over the next three months. With a 90% probability, it is anticipated that the price will range between $136.79 and $157.66 at the conclusion of this three-month period.
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Put credit spread GOOGLmacro: snp500 QQQ uptrend
News: inflation flattening
TA : Break of counter trend line
STOP: rolling till worthless options
risk: earnings on 25th july
GOOG - Bullish PushHowdy Traders!
I would like to inform you guys on another bullish trade for this and next week. NASDAQ:GOOG has been creating a strong parallel wedge, and it was just today where it broke-out of it. Although this may be a late post, the price target for NASDAQ:GOOG is sitting at $128.35. However, the take profit zone would probably be around $128, just to be sure.
Bona Fortuna!
Cursed Google chart$GOOG has created a massive hype cycle (wall street market cycle) that looks like it's due for a crash. Enjoy the short!
