Google Mothership is bullish?⚡
Weekly breakout of the decending trendline ahead
bullish seasonality
supported by the 200's SMA
the price has made already the higher low - just needs to get to an higher high
GOOGL trade ideas
GOOG - Google Opening NEW POSITION $94.65 TARGET $120 0. Notes to follow;
1. Google down 15 percent in two days.
2. More notes coming...
Google - Bearish SentimentPrice broke structure at 100.29 to create equal highs at 107.84. Then price gave us a BEARISH GAP to take out ORDERS at 102.09. The BEARISH GAP that was created must be filled before price can drop significantly.
I expect price to fill the BEARISH GAP and take out the EQUAL HIGHS at 107.84. The 113 price point is where price will go. From there a major dip will happen. This will take out the ENGINEERED LIQUIDITY ($).
I am EXTREMELY BEARISH on Google!!!
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Price action is KING!!
GOOGL - Its Cybertruck MomentGoogle took quite a dive today after an AI demo that was perceived to be not so impressive by the markets. An ad on their twitter account displayed their new Bard AI giving an incorrect answer to a query, an embarrassing moment for the new tech (Very Elon Musk/Cybertruck glass esc).
Google's new focus on AI is going to be massive for the company in the long run. The markets are wary of futuristic visions at the moment with a tightening Fed, and scarred by Meta's metaverse obsession that killed profitability. However, when it comes to AI, Google has a massive advantage. Its competitors, like Microsoft, know this, and have been investing Billions into AI startups. Google's 90+% market share of the web search industry provides a massive database of information for the company to use to educate its AI bots. Google processes 8.5 Billion searches a day, and will no doubt if not already find a way to purpose this massive amount of raw input data into an AI algorithm.
To put it briefly: AI bots are (at least now) trained on databases. Most bots are using the internet as their database, using articles, books, and other texts to replicate human writing. Google has a real time stream of billions of user generated queries, daily. Knowledge is power in the machine learning world, and when it comes to data, Google is king.
Short GOOGLEGood short prevision on GOOGLE , we will be looking for the support after being rejected on a high level of resistant.
GOOG: Bottom Completion FailureGOOG shows a failure to complete a bottom. The stock moved up and above the resistance level that needs to sustain to complete its bottom, but it failed to sustain the gains.
This stock was part of the last New Tech Virtual Course I did, since it is developing several new technologies for its own use and to sell to other companies. AI is the big competition area right now, so GOOG may see added volatility this year as the market reacts to AI feature releases, as it did today.
But the support range at the lows of this bottom formation is strong due to a Dark Pool Buy Zone that has been consistent.
Hey Google...So this correction is most likely over and the bottom is in...Assuming that 5 waves down can either be A or C - the clear takeaway here that it's a 5 wave impulse terminated is that the extension on our wave 3 leg validates the C wave bust (past 1.618 of A-B confirming extension and count is 5 wave impulsive), We can also see momentum divergence on our 5th leg supporting the bottom case - With this info it's highly likely anyone shorting is going to get smacked and new highs are probably coming.
2-4 trend line bust will further add confirmation that 5 waves have completed and cements the bottom case even more.
Market Inefficiencies and OverreactionThough Google AI model gave an wrong answer, I believe that the market over-reacted to this isolated case with ChatGPT having many problems of its own as well. Good opportunity to long for traders and scoop up for investors.
GOOG Alphabet Options Ahead of Earnings | Last Quarter of GrowthAs you can see, the last chart was pretty accurate:
Now I think this year we will see Google losing ground in the advertising industry.
The Justice Department filed an antitrust lawsuit Tuesday against Google alleging the company of abusing its dominance over smaller rivals by operating like an illegal monopoly.
MSFT Microsoft bought a 49% stake in OpenAI, who owns CHatGPT, that ca really be a rival to Google in answering questions.
As a matter of fact i am using ChatGPT more than Google search right now.
So i believe this is the last quarter of growth for GOOG / GOOGL, as you can see in the chat, because Q4 was not impacted by ChatGPT so much.
Looking at the GOOG Alphabet options chain ahead of earnings , I would buy the $100 strike price Calls with
2023-2-10 expiration date for about
$2.66 premium.
If the options turn out to be profitable Before the earnings release, I would sell at least 50%.
Looking forward to read your opinion about it.
Google next support and resistances $GOOGLE Perfect bounce from the discount zone in confluence with the order blocks! 🚨🚨🚨
Price trading above 200 ma and dynamic reactor.
Below are my next targets and resistances!
100ma / dynamic reactor: Support 1
discount zone: Support 2
Alphabet ,,, buy opportunity I suppose both alphabes are good buying opportunities and both have entered to new trend after breaking the trend lines.
$GOOG with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $GOOG after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 66.67%.
$GOOGL with the 2-2-2u reversal on the daily$GOOGL with the 2-2-2u reversal on the daily and looks like it wants the $405.80 gap fill.
If it can gain support above the bear gap it could extend to the $107.8 PL, but if if loses $108.80 (9EMA), it could fill the bull gap down to $100.43
AI: Google challenges Microsoft and launches BardInvestment confirms how the Silicon Valley giants are ready to do battle over what is believed to be the new frontier of technology.
Google (NASDAQ:{{6369|GOOGL}}) is challenging Microsoft (NASDAQ:{{252|MSFT}}) and launching Bard, the rival to ChatGPT, the OpenAI application on which the Redmond giant has bet billions of dollars. The introduction of Bard, the name seems to evoke William Shakespeare, the Bard par excellence of Anglo-Saxon culture, confirms how the race for artificial intelligence is accelerating, with Silicon Valley giants poised to do battle over what is believed to be the new frontier of technology.
In recent days Mountain View had announced a $300 million investment in the start-up Anthropic, an AI safety and research company that's working to build reliable, interpretable, and steerable AI systems. And now it is pushing further ahead with the introduction of Bard, which will initially be available for testing to trusted testers and then later be introduced to the general public, similar to how OpenAI did with ChatGPT.
"Secure, quality responses" - The testers have been selected, they are a geographically diverse group that will help Google improve and understand users' use of artificial intelligence. "We will combine external feedback with our internal testing to make sure that Bard's responses are quality, secure, and grounded in the real world," explained Mountain View CEO Sundar Pichai, stressing that the testing phase will help Google "continue to learn and improve Bard's quality and speed."
Bard aims to generate detailed answers to simple questions. Its operation is based on LaMDA, the Language Model for Dialogue Applications that made headlines last year for being called "sentient" by one of Google's engineers.
ChatGPT's success - Microsoft has invested billions of dollars in OpenAI, the company behind the popular ChatGPT and believed to be one of the world's top three labs for artificial intelligence. OpenAI has recently become a household name for millions of people thanks to the success of ChatGPT, which, since its introduction in November, has seen a boom in users and opened a heated debate about the potential and application of artificial intelligence, forcing schools and universities, among others, to begin rethinking their teaching models.
ChatGPT is indeed able to create text like a human being, using clear, defined prose and appropriate punctuation. For Microsoft therefore a huge chance to gain ground in the face of fierce rivals who, however, do not want to fall behind. As demonstrated by Google's Bard and Mark Zuckerberg's commitment to make meta one of the leaders in artificial intelligence.
Google Short IdeaThis is a hypothetical short position on Google.
The basis for this is that Google, despite being pioneers in AI and search have fundamentally been blind sighted by chatGPT and could legitimately go to zero (although it's more likely is a rebound ~68).
Here we have 3 positions.
The first is OTM PUTS just below S1 which should be short dated or put calendar spreads used for extra leverage.
The second is short the shares @market price, with a 2 year leap call @ 100 and CSP leap @ 75.
The goal here is to be hedged in such a way as to give someone flexibility to exit the short by being covered via the short put and the 100 call, as well as the ability to double down via short dated puts.
It should also ideally give someone the ability to transition into a synthetic long, if done right.
googl 2 scenariosgoogl 2 scenarios .. 1] buy above the support 1 and follow the channel .. 2] sell after the break under the support 1 ..
Google when to buy and sellI asked google when to buy and sell
it found me this
buy 100-105
sell 115-118
because Double bottom reversal is formed on daily chart
make sure to keep your stop loss under the price gap.
Google Bull Flag & Value PlayGoogle is looking relatively cheap fundamentally. It has also broken out of a falling channel we could consider a bull flag coming off the bottom trend and 200wma. I would expect this bull trend to continue.
ALPHABET: Double Bottom SpottedALPHABET: Double Bottom Spotted.
After a long downtrend market, a double bottom is spotted in daily time frame.
The downtrend Market structure has already been broken in last two trading sessions.
Investors are showing more interest in this stock.
This may result in a bullish rally of the stock.
Stock is expected to test the level of 123$ per share in upcoming trading sessions.
On down side price level of 82$ per share may hold the key support.
GOOG // cup handle formationAlthough there is a cup-handle formation in the graphic, the targets are determined according to Fibonacci.
Not Much Meat Left On the Bone for GOOGL HereDirectly in the supply zone, earnings and guidance were blah...
Cost-cutting not enough for investors at the moment..
Investors unsure of macro-outlook in coming months...
Not a buyer here personally..
Long GOOGL @ 105GOOGL just crossed earnings without surprises. It also crossed the last 2 daily fractals at the 100 price mark.
On the weekly it is likely to close today above the red line, which sets us on the positive side on both the daily and weekly charts. The weekly chart appears to have good energy accumulated.
As always, target and stop loss is crossing below the daily red line, whenever it happens.
GOOGL Potential for Bullish Continuation | 3rd February 2023Looking at the H4 chart, my overall bias for GOOGL is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market.
Looking for a pullback buy entry at 101.12, where the 23.6% Fibonacci line is. Stop loss will be at 84.87, where the previous swing low is. Take profit will be at 122.41, where the previous swing high is.
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