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.Longby LouisTeo994
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. Longby TopgOptionsUpdated 226
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 2by CHILL_TRADER990
Alphabet ,,, buy opportunity I suppose both alphabes are good buying opportunities and both have entered to new trend after breaking the trend lines. Longby pardis227
$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%. Longby EPSMomentum0
$GOOGL with the 2-2-2u reversal on the daily$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 Longby Solidified0
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.Editors' picksby cryptohubble6653
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.Shortby livingdracula110
googl 2 scenariosgoogl 2 scenarios .. 1] buy above the support 1 and follow the channel .. 2] sell after the break under the support 1 ..by kostaskondilis110
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.Longby maberl0
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.Longby Yogigolf8
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. Longby ZYLOSTAR_strategy8
GOOG // cup handle formationAlthough there is a cup-handle formation in the graphic, the targets are determined according to Fibonacci.by aet611
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.. Shortby StockPickingEnthusiast110
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.Longby ownsov0
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. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website. Longby Rockqet112
Google Earnings tomorrow. Google is near resistance but could push up a bit to tage and test the breakout trendline. The Fear and Greed index has now been trading in the fear side for 2 weeks. Usually prolonged trading in the Fear range foreshadows a near term downward pressure. What makes this intersting is the Fear index range was just tagged on the monthly & Daily time frame.by Trading-Capital1
Hong Kong’s Exports Plunge, Apple estimates cut by Wells Fargowith apple, google, and amazon reporting thursday, the market may have been looking for a reason to take profits anyway. But overnight futures were down and possibly these Hong Trade Deficit Number soured the recent bullish mood. Add to all that the issue of the US debt ceiling, investors probably cant wait to reduce risk and look for a new re entry. 03:14by optionfarmers2
Google vs Apple; How Android will kill Apple.Fact; - Apple (iPhone, etc.) is entirely (100%) sourced from China; - Google (Android) is 100% sourced from S. Korea & Japan. 1) Considering the abject population collapse - and massive DE-industralization!! - of China, it will take YEARS for Apple to relocate it's entire supply chain. (To N. America?) E.g. Apple will be lucky to bring out a new iPhone every other year - even that being overly optimistic. 2) Barring an outright armed conflict between S. Korea and Japan (very unlikely) Google's supply chain should be just fine, mostly unaffected by the coming Chinese de-urbanization and de-industrialization. (... which China will be forced to endure in order to feed the *** 800 million Chinese ***, which is what will be left in that country, by 2035.) When will this purported Chinese population collapse and total de-industrialization begin?? ... You are in it! (It is well worth to pay attention to it because it will (continue to) be spectacular!!) Simultaneously, the technical picture is also very favorable for the upside, in this spread.Longby Nemo_Confidat220
GOOGLE (GOOG) Trade UpdatesGoogle (GOOG) Trade Updates I entered November (see previous post) near the bottom with a price of 85.87, a profit of 13% so far, but the road is still long. The volume knot near POC held up well, but the upper areas are very well covered. Here too, as for AMZN, my target is the historical highs, even if for the medium term, the target is $115-120. To keep an eye on earnings, Google is a company that I personally consider on a par with Apple, despite having a lower market cap, but has recently had some internal problems, which have seen significant layoffs in the staff. This could also be positive in terms of the budget, you always have to look at the bigger picture. Artificial intelligence, automatic driving and augmented reality remain the sectors to be monitored, clearly the core business remains the search engine and the revenues from the ads generated, also pay attention to the technology used in the Stadia project; it could be resold under license to other giants of the video game industry. In conclusion, very negative earnings could push the price towards the $70 level, where I would increase my position. Targets: short: get out now medium: 115-120$ long : $151 Happy trading Lazy BullLongby LazyBull53
Cup and HandleLong entry level for this cupping pattern happens to be at the 50% retracement of the trend up. Targets in Green for the C&H. Long when EL is met which is a bit above the high on the left side of the cup in order clear resistance. More resistance overhead. There is also as Shark pattern and targets are in white. Targets 1 and 2 have been met for the Shark. The basic trading premise with the CMF indicator is if the indicator is above 0 this is a bullish sign, while a reading below 0 represents a bearish signal. Reading above +. 25 or below -. 25 indicate strong trends and positions can be added on minor corrections. Chaikin Money Flow (CMF) developed by Marc Chaikin is a volume-weighted average of accumulation and distribution over a specified period. The standard CMF period is 21 days. The principle behind the Chaikin Money Flow is the nearer the closing price is to the high, the more accumulation has taken place. This indicator is popular with volume traders. No recommendation. Try to stay sane even when insanity covers the ceiling, the floors and the walls. Longby lauralea5
Google is preparing for a final price correctionGoogle is preparing for a final price correction From a fundamental point of view, many background noises are coming, including strong progress by Microsoft in combination with OPENAI, lawsuits in the US and more. From a technical point of view, it created an inverted cup and handle that matches exactly with a Fibonacci correction to 23.6% and a return to the lows of the Corona periodShortby yosef3610
Big Tech woes lead to layoffs, resulting in stock surgeOver recent months, Silicon Valley has been struggling to keep its position as an endlessly burgeoning region of massive profits and possibilities. Technology stocks listed on NASDAQ have been decreasing in value, making the chart pattern for the NASDAQ Composite Index quite sobering reading. Indeed, so severely have the tables turned on Silicon Valley's 'big tech' giants that European stock markets, with their legacy companies which have been in establishment for in some cases hundreds of years, have been outperforming the giants of the electronic revolution for many months. Something had to give, and yesterday some of the most popularly traded companies in North America's big tech sector began to announce significant redundancies of staff. Following last week's well publicized redundancies at Alphabet, Google's holding company, there have been more wounded tech firms following suit. The layoffs at Google actually had a positive effect on stock values, and now other firms in a similar position are announcing their intention to go down a similar path. Swedish music streaming service Spotify witnessed its shares rally yesteda as it announced its plan to cut hundreds of jobs to help rein in costs. Shares of Alphabet rocketed at the end of last week, jumping 5% and adding more than $50 billion in market value, following the tech giant’s decision to lay off 12,000 workers on Friday, demonstrating that it had overspent and grown its business to rapidly since the 'e-commerce revolution' which took place in 2020 when many Western governments locked their populations down. This appears to be a proven strategy, as those with a keen eye who have been monitoring the performance of Meta (previously known as Facebook) will have noticed that its shares have skyrocketed about 50% since the firm announced in November it would cut more than 11,000 jobs. Silicon Valley was notoriously bloated, and many highly paid staff were allegedly sitting in vacation homes and refusing to come to the office during 2021. The tables are now turning, and the need to keep shareholders happy appears to be paramount at last. Disclaimer: This Forecast represents FXOpen Companies opinion only, it should not be construed as an offer, invitation or recommendation in respect to FXOpen Companies products and services or as Financial Advice.by FXOpen9