GOOGL / 1H / TECHNICAL ANALYSISBearish ABCD pattern and divergence have formed. The first target is at 140, and the second target is at the 135 level. I have indicated the support and resistance levels on the chart. Please do not forget to like and followShortby TraderTilki4
GOOGL setup is nowTechnical a standard price action pattern: trend A - sideways adjustment structure with more than 2 test- trend B is forming the trend at higher timeframe is still bullish with meters being green Fundamental Numerator Side Not quite promising but still positive. The expected growth on earnings and revenue are slightly lower than average of its industry. Won't be a boost but in fact no accident is the best thing to expect for FAANG stocks Denominator Side With the discount rate decreased by 75 to 100 bp, the valuation will be cheaper compared to the overvalued price now. More importantly, don't forget about the mid and micro companies that can finance with lower WACCs are the base revenue contributors for Alphabet.Longby jtwongresearch1
Google's $1 Billion Investment in UK Data Centre Alphabet-owned Giant Expands Infrastructure to Meet Growing Demand for Internet Services In a strategic move to bolster its presence in the United Kingdom, Google ( NASDAQ:GOOG ) has announced a monumental $1 billion investment in the construction of a cutting-edge data centre just outside of London. The technology giant's commitment to building this facility, located on a 33-acre site in Waltham Cross, emphasizes its dedication to meeting the escalating demand for internet services in the region. This substantial investment is part of Google's broader strategy to enhance its infrastructure capabilities, aligning with the growing trends in technology and artificial intelligence. The data centre is expected to play a pivotal role in supporting the expansion of Google's AI and cloud services while contributing to the creation of construction and technical jobs within the UK. The move has received significant acclaim from the British government, which views Google's investment as a "huge vote of confidence" in the nation's technological prowess. Prime Minister Rishi Sunak remarked, "Google's $1 billion investment is testament to the fact that the UK is a center of excellence in technology and has huge potential for growth." This recent development follows Google's previous $1 billion purchase of a central London office building in 2022, situated close to Covent Garden, and another site in King's Cross, where the company is constructing a new office, housing its AI subsidiary, DeepMind. The investment also comes hot on the heels of Microsoft's commitment to inject £2.5 billion ($3.2 billion) into Britain over the next three years, focusing on expanding its data centre capacity to support future AI services. These concurrent moves by tech giants highlight the increasing importance of the UK in the global technology landscape. Ruth Porat, Alphabet's Chief Financial Officer, emphasized the significance of the new data centre, stating, "This new data centre will help meet growing demand for our AI and cloud services and bring crucial compute capacity to businesses across the UK while creating construction and technical jobs." Beyond the economic impact, Google has also underscored its commitment to sustainable practices. The company revealed that the waste heat generated from the data centre will be harnessed for energy conservation, benefiting the local community and aligning with broader environmental goals. From a technical standpoint, Alphabet's stock, particularly Alphabet C, has demonstrated a rising trend channel . The absence of resistance in the price chart suggests a positive development, with further upward momentum indicated. However, caution is advised, as a high RSI could signal the stock's overbought status, potentially leading to a corrective reaction. Conclusion As Google ( NASDAQ:GOOG ) reinforces its foothold in the UK with this substantial investment, the company positions itself at the forefront of the dynamic technology landscape, contributing to the nation's growth in the fields of AI and cloud services. Investors will undoubtedly be watching closely as Google's strategic moves unfold in the coming months, impacting both the company's trajectory and the broader UK tech industry.Longby DEXWireNews3
Alphabet - Watch The All Time HighHello Traders, welcome to today's analysis of Alphabet. -------- Explanation of my video analysis: In 2011 Alphabet stock broke out of a beautiful triangle continuation pattern and created a rally of more than +800%. This pump was followed by a retracement all the way back to the support trendline of 2011. Alphabet is currently creating a triangle formation and if we see a pullback to the uptrendline which I mentioned in the video analysis, I am looking for potential long setups. -------- I will only take a trade if all the rules of my strategy are satisfied. Let me know in the comment section below if you have any questions. Keep your long term vision.03:28by basictradingtv131325
abcdefghiJK...Before I begin I'm going to explain the meaning of each line on this chart... All you need to do to follow this and trade it for profit is focus on the solid plack path/arrow - that is the forecast for expected price action in the coming weeks (the thicker black path is general direction, the other black path is the expected subwaves). So when you load new bars in the coming weeks you'll see price trades along this forecast. In summary, expect a 4-6% drop going into earnings, followed by a 10-14% rally after earnings Pullback (pre-earnings 2/1): Don't enter long until around 1/26/'24 - 1/30/'24, wait to buy the upcoming dip. - Point Downside target = 133 by 1/26/2024 - range for pullback = 132-137 ~ This could still trade higher to around 146-147 before pullback, but it will get discounted (lower than current price) before earnings Post-Earnings Rally: I'll be buying after this pullback going into the earnings report, good chance it will be trading around 144 after the report . - Point INITIAL upside target (after pullback) = 148 by 2/12/2024 - Initial upside target range = 148-152 (in the time period 2/8 - 2/20) *** After this hits initial target it will consolidate in the 146-152 range before making one final leg higher to low 160s by mid-March 2024 (could run as high as 172) ---------------------------------------------------------------------------------------------------------------- How to Play this (not financial advice): - Don't buy/add shares (if you do go light), after this reaches 160-170 it will be the top, after that it will begin a major correction. If you're in shares look to sell in 160-170 range. - Don't waste your energy playing puts to catch this pullback, instead wait for opportunity to enter calls - I'll post an update when it is time to enter long ** I'll be looking at March expiration and choose strike based on extent of pullback. P.S. Check the History by JerryManders666
GOOG Short: Ending Diagonal and Fibonaccis1. End of Triple Combination 2. Ending Diagonal 3. Z=W 4. Ending Diagonal =1.618AShort03:21by yuchaosng332
ABC correction is underwayAfter a lot of accumulation and momentum, there is a correction of ABC. Now we are completing wave B, the correction target is C in the area of 70-80$Shortby Tontine_Coffee_HouseUpdated 222
Navigating Google's Strategic Shift: Job Cuts and AI Ambitions In a move to streamline operations and cut costs, Google has recently announced significant layoffs across multiple teams, impacting its Voice Assistant, hardware division responsible for Pixel, Nest, and Fitbit, as well as the augmented reality (AR) team. Fitbit co-founders James Park and Eric Friedman are also leaving the company, marking a notable development since Google's acquisition of Fitbit for $2.1 billion in 2021. The Tech Giant's Restructuring: Google's spokesperson confirmed that the layoffs are part of a broader effort to enhance efficiency, align resources with product priorities, and adapt to the evolving tech landscape. While the spokesperson did not disclose specific numbers, reports indicate that hundreds of roles are affected, raising questions about the scale of the restructuring. AI Ambitions and the Generative AI Trend: The restructuring coincides with Google's ongoing investment in generative artificial intelligence (AI) technology. The company had previously announced plans to integrate generative AI capabilities into its virtual assistant, a move that aligns with industry trends following the success of OpenAI's ChatGPT. The growing focus on AI underscores Google's commitment to staying at the forefront of technological innovation. Market Resilience Amidst Challenges: Despite the organizational changes and layoffs, Alphabet's technical analysis suggests a positive outlook. Alphabet C is currently in a rising trend channel in the medium to long term, indicating investor confidence. The stock has broken through resistance at $142, signaling potential for further growth. Additionally, NASDAQ:GOOG is trading near the top of its 52-week range and above its 200-day simple moving average, demonstrating market resilience and maintaining upward momentum. Strategic Shifts in the Tech Landscape: The restructuring efforts at Google are not isolated incidents in the tech industry. Major players like Microsoft have also been adapting to the changing landscape, with a focus on generative AI technology. The broader shift highlights the industry's ongoing evolution and the need for companies to remain agile in the face of emerging technologies and market dynamics. Alphabet's Overall Workforce Impact: The recent layoffs follow Alphabet's announcement in January 2023, detailing plans to cut 12,000 jobs, equivalent to 6% of its global workforce. As of September 2023, Alphabet had 182,381 employees globally. The strategic workforce reductions are part of Alphabet's broader strategy to optimize operations, enhance efficiency, and position itself for sustained growth. Conclusion: Google's recent organizational changes and workforce reductions reflect the company's commitment to adapting to the fast-paced tech landscape. Despite challenges, the positive technical analysis suggests investor confidence in Alphabet's strategic direction. As Google continues to invest in generative AI and reorganize its teams, the market will closely watch how these strategic shifts position the tech giant for future success in an ever-evolving industry.Longby DEXWireNews1
$152 reject on the monthly.It’s failed to go above $152 twice on the monthly chart . So there will be resistance there. Could be another reject or a break out. I’ll play the reject and retest or break and retest by youngvalley33332
GOOGLCurrently, Google is in the buying zone, but if the red average indicated by the blue arrow is broken and we enter the green zone, the market will be in the selling phase.Longby aboubakkrhajjamielidrissi0
GOOGL Daily Launch PadGOOGL has been riding the 50 EMA on the daily for quite some time. After the late October shakeout down to the 200 EMA, GOOGL has looked very strong and been trending upwards in this accumulation zone. A clean break above $141 should send this to test the high at $150 and beyond.Longby SWRLS444
GOOG short term BullishAscending triangle nested within a giant rising wedge. I think we're set up for one more bull run before completing the wedge and falling out.Longby cbenedetto101
GOOGLE shorter term under selling pressure buying see at swing points . support zones Shortby POPPOPPU1
EOY Review $GOOG strong year heading into exhaustion levelNASDAQ:GOOG Magnificent 7 did great this year, GOOG included strong close, 4 green quarters in a row exhaustion risk -for what it's worth- around that 152 level will be interesting to see how this level (and similar levels for the other big 6) will play any role in what the big guys/institutes will do here let's watch and see, anything can happen, incl. big tech (check out '22)Longby RobinsOptions2
Magnificent seven 🚀Monthly chart: magnificent seven Impressive increase, with a performance of 125.48% The year was rich for the American technology sector. Good year ! 🚀by DL_INVEST2
Unveiling the Synergy Between MAP Protocol and Google Cloud In the fast-evolving landscape of technological advancements, a groundbreaking partnership has emerged that promises to redefine the intersection of blockchain and cloud computing. Google Cloud, a powerhouse in the tech industry, and MAP Protocol, a trailblazer in peer-to-peer interoperability, have joined forces to create a synergy that opens new frontiers for developers and investors alike. The collaboration marks more than just a fleeting alliance; it lays the foundation for an ongoing technological revolution. A Google Cloud representative expressed genuine enthusiasm for the partnership, underscoring its pivotal role in driving technological progress. The integration of MAP Protocol's peer-to-peer interoperability with Google Cloud's robust infrastructure is poised to enhance accessibility to blockchain for developers of all levels, paving the way for a new era in decentralized solutions. What sets this partnership apart is its strategic vision for the future. In the months to come, MAP Protocol plans to harness the cutting-edge technology offered by Google Cloud to elevate the Web3 developer experience. This forward-looking approach not only ensures continuous innovation but also positions NASDAQ:GOOGL as a frontrunner in shaping the landscape of decentralized technologies. Investors keen on tapping into the future of technology have reason to be excited. Google Cloud's state-of-the-art technology is set to provide MAP Protocol with the tools needed to create a supportive and solidified builder experience. This, in turn, will facilitate a seamless transition from Web2 to Web3, placing NASDAQ:GOOGL at the forefront of the next wave of technological evolution. The collaboration is strategically positioned to catalyze the growth of the Web3 industry, making decentralized blockchain technology more accessible to developers worldwide. The rising trend in Alphabet A stock prices underscores the positive sentiment among investors, indicating a strong buy interest. The stock, currently testing support at $140, presents a pivotal moment for investors. A positive reaction at this support level could signal an upward trajectory, aligning with the overall rising trend channel in the medium to long term. Investors seeking to capitalize on positive developments and be part of the transformative journey into Web3 should take note. The MAP Protocol and Google Cloud collaboration positions NASDAQ:GOOGL as not just a stock but a gateway to the future of technology. With ongoing advancements and a commitment to enhancing the Web3 developer experience, Alphabet A stands as a compelling investment opportunity for those who recognize the potential of this groundbreaking partnership. As the collaboration unfolds, NASDAQ:GOOGL emerges as a beacon for investors looking to ride the wave of innovation in the tech industry.Longby DEXWireNews5
Alphabet's ($GOOGL) Hit a 52-Week HighShares of Google-parent Alphabet ( NASDAQ:GOOGL ) hit a 52-week high Wednesday following reports of an impending shake-up in its core advertising business. Sean Downey, who leads Google’s ad business in North and South America, said in a department-wide meeting that the company's 30,000-person ad sales unit would be reorganized, according to people familiar with the matter. He did not specify whether the changes would involve layoffs. The reorganization comes as Alphabet leans on artificial intelligence to generate and place ads on Google, YouTube, and its other platforms. Alphabet generated $54.5 billion in revenue—or 80% of total revenue—from ad sales in the third quarter. Generative artificial intelligence can be substantially cheaper than conventional methods for both ad creators and sellers. WPP, the world’s largest advertising firm, struck a deal with Nvidia in May to create an AI-enabled content development engine. Google is paying to settle an antitrust lawsuit over its Google Google recently agreed to pay $700 million to settle a landmark antitrust lawsuit it was facing, and $630 million of that amount will be set aside for payouts to consumers. The settlement came after Google was accused of using its Google Play Store to dominate Android mobile apps as a monopoly and charge customers higher prices. Lawyers estimate around 102 million people will be eligible to receive some of that money and a good chunk will even be automatically compensated — an estimated 70% of those fully eligible. That's about 71.4 million people. Who is eligible for Google's settlement payout Those who are eligible for payment are described as people who had a "legal address" in the US in their Google payment profile when they bought an app from the Google Play Store or made an in-app payment between Aug. 16, 2016 and Sept. 30, 2023, according to legal documents. The address could have been in any of the 50 states, the District of Columbia, Puerto Rico, or the US Virgin Islands. Technical Analysis $GOOGLE shows strong development within a rising trend channel in the medium long term. The company experiences positive development and buy interest among investors is increasing. $GOOGLE has broken a resistance level in the short term and given a positive signal for the short-term trading range. The stock is testing resistance at dollar 140. This could give a negative reaction, but an upward breakthrough of dollar 140 means a positive signal.Longby DEXWireNews2
GOOGLE: Bearish - BUTTERFLY 113 detectedGOOGLE: Bearish - BUTTERFLY 113 detected The market may fall in the PRZ zone Monitor the EMA.50 and EMA.200 as well as the Bollinger and ICHIMOKU bandsShortby Le-Loup-de-ZurichUpdated 2210
5th wavedecreasing RSI, increasing price inside a very transparent wave structure!Longby christian_pilz0
GOOG up?Nice looking classic accumulation pattern on the weekly chart. Rejected bearish head and shoulders pattern on the daily, held the level. Now probably looking to break the range 128-138 to the upside. If the market will continue to be favorable for bulls, of course. We'll see...Longby AnaBloemkoolUpdated 0
2 scenarios for earningsCase 1: We are in wave B of an expanded flat, post earnings pop to 143-144 and then drop to 128 by 11/6 Case 2: Drop from current level (138) to 125-128 before 11/3 expiration ** The play ** - 2:1 puts to calls Nov 3 135 puts for 2.60 and Nov 3 142 calls for 2.80 - If case 1 plays out, sell the calls to break even and enter Nov 9 138 puts Not financial adviceby JerryMandersUpdated 8
GOOG is consolidating and preparing for a major moveIt's in a rare diamond pattern and also a symmetrical triangle, maintaining consolidation within it for months. The breakout from this pattern is expected to be significant and rapid, either with a surge or a sharp drop, involving a considerable percentage change. Three days ago, there have been attempts to break out with increased volume. However, the trendline appears robust, promptly rejecting any advances. It seems like a substantial catalyst is needed to break out of this pattern. In my assessment, there is a 55% chance of a breakdown and a 45% chance of an upward breakout. This conclusion is drawn from its current position, situated below all major moving averages except the 200-day. Regardless of the direction, a long or short trigger could be highly useful and powerful, offering a potential opportunity for easy profits. by Consistent_TradesUpdated 6617
Chart Patterns:3 Step Rocket Booster StrategyFeel free to rocket boost this content to learn more. What is the best chart pattern to follow? I was studying technical analysis and then i saw this on breaking news about the Google stock going up. Using the rocket booster i saw this stock last week. I was testing the strategy to make sure it will work.. This strategy is valued at about $700 worth of trading losses. And using it takes time to understand. If you have no idea on how to stick to a strategy you may end up selling a winning position. The Rocket Booster Strategy: #1- The price has to be above the 50 EMA #2- The price has to be above the 200 EMA #3- The 50 EMA should cross the 200 EMA If you learn to stick to this strategy then you will be able to have confidence in your trading journey and technical analysis. Rocket boost this content to learn more --- Trading signal: Buy Stock:Google Date:19/12/2023 --- **Disclaimer:** The information provided above is for educational and informational purposes only. It does not constitute financial advice, and trading always involves -- a risk of substantial losses, regardless of the margin levels used. Before engaging in any trading activities, it is crucial to -- conduct thorough research, consider your financial situation, and, if necessary, consult with a qualified financial advisor. Past -- performance is not indicative of future results, and market conditions can change rapidly. Trading decisions should be made -- based on careful analysis and consideration of individual circumstances. The user is solely responsible for any decisions made -- and should be aware of the inherent risks associated with trading in financial markets.Longby lubosi1