Alphabet Inc (Google) Class AHello community,
Daily chart.
I plotted the Fibonaccie retracements.
We can clearly see that the levels are respected.
Make your own opinion, before placing an order.
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GOOGL trade ideas
GOOGL Techical Analysis for Nov. 1, 2024Key Support and Resistance Levels
Immediate Resistance: 171.17 (current ask price). A break above this could indicate potential upside momentum.
Next Resistance: 182.02. This level may act as a significant barrier if GOOGL starts to rally.
Immediate Support: 163.94, where previous buying activity occurred. If the price retraces, it could find support here.
Major Support: 160.98–161.01, marking a stronger floor from prior price action. A break below this zone might signal further downside.
Price Action & Trend Analysis
Trend: The price has seen a downward pull after a recent rally, suggesting some profit-taking. However, the price currently appears to be consolidating near support zones.
Moving Averages: The 9 EMA and 21 EMA are trending downwards, showing that the recent short-term momentum has been bearish. Watch for any crossovers as a potential shift in momentum.
Trendline: There is a descending trendline from recent highs, which aligns with the current resistance. Breaking and closing above this trendline could indicate bullish momentum.
Entry and Exit Points
Entry (Long): If price sustains above 171.17 with strong volume, a possible entry could be considered with a target towards 182.02.
Exit: Consider taking profits at 182.02 if entering long. Alternatively, if the price loses support at 163.94, exit longs to avoid deeper downside.
Entry (Short): Below 163.94, consider shorting, with an initial target around 161.00 and potentially lower if selling pressure persists.
Additional Indicators
MACD: The MACD shows a slight bullish cross, which could suggest a near-term reversal in momentum if confirmed with price action.
Volume: Volume spikes are seen during sell-offs, indicating active participation in the recent downtrend. Watch for volume confirmation if the price attempts a breakout or breakdown.
Disclaimer
This analysis is for informational purposes only and should not be taken as financial advice. Please perform your own research or consult with a financial advisor before making any trading decisions. Market conditions can change rapidly, and this analysis may become outdated.
#Googl - Unstable SituationAs you can see, #GOOGL has a critical situation.
I think the consolidation for a while; after that, we will see a new uptrend again. #Google has strong #Fondumantal_Baises, so for the long term, the uptrend is more likely.
GOOG: Top Signal Below Critical Resistance Line!Key Observations:
Inverted Head and Shoulders Pattern: The chart recently completed an inverted head and shoulders pattern, which is a bullish reversal signal. This breakout above the neckline (around $170.41) confirms the bullish sentiment.
Gap Resistance: There is a notable gap resistance around $183.33. Gaps often act as strong resistance levels, and the price exploded after the last earnings report, just to close its previous gap (with an incredible technical precision, by the way).
Top Signal Below Gap Resistance: The recent price action has shown a possible "top signal" just below the gap resistance level at $183.33. This could indicate exhaustion in the current bullish momentum and a potential area where sellers may become more active. What's more, according to Bulkowski's studies, a pullback after the breakout of the neckline of an iH&S occurs 65% of the time (Encyclopedia of Chart Patern). If GOOG is about to makes a sharper coreection, the timing couldn't be better.
21-day EMA: The 21-day EMA (blue line) is trending upwards and has provided strong support throughout this uptrend. As long as the price stays above this moving average, the overall trend remains bullish.
Conclusion:
GOOG is materializing a mid-term pullback, as observed on the daily chartt, which is statistically plausible. The 21-day EMA, along with the neckline at $170 are our next technical support levels. For now, there is no technical evidence suggesting that GOOG will reject the idea of a correction.
For more detailed technical analyses and insights like this, be sure to follow my account. Your support helps me continue providing valuable content to help you make informed trading decisions.
Remember, real trading is reactive, not predictive, so let's stay focused on the key points described above and only trade when there is confirmation.
“To anticipate the market is to gamble. To be patient and react only when the market gives the signal is to speculate.” — Jesse Lauriston Livermore
All the best,
Nathan.
GOOGLE Above 170 --> Way to 190The stock price of Google has the potential to rise to $190, provided it surpasses the $170 mark. A suggested stop-loss is set at $164.
Alphabet Inc. (Class C) | Chart & Forecast SummaryKey Indicators on Trade Set Up in General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Active Sessions on Relevant Range & Elemented Probabilities;
* London(Upwards) - NYC(Downwards)
Conclusion | Trade Plan Execution & Risk Management on Demand;
Overall Consensus | Neutral
GOOGLE Rockets! 15-Min Surge Hits All Targets – What's Fueling?ALPHABET (GOOGLE) Analysis:
Alphabet Inc. (GOOGL) experienced a powerful upward movement in the 15-minute timeframe, achieving all set profit targets with ease using the Risological Swing Trader.
The momentum from a strong earnings report has aligned with a positive risk sentiment across US equity indexes, sparking increased buying interest in tech giants like Alphabet.
Here’s a breakdown of the trade and supporting market context:
Entry : $164.75
Targets Achieved:
TP1: $167.07
TP2: $170.81
TP3: $174.56
TP4: $176.88
Stop Loss (SL): $162.87
Market Sentiment:
Recent quarterly earnings reports have fortified investor confidence, with broader equity indexes advancing. Alphabet's strong fundamentals and growth projections contributed to the bullish sentiment, encouraging traders to follow through on this aggressive buying trend.
With all targets hit in a single session, this upward momentum for Alphabet highlights robust institutional interest and solid fundamentals. Keep an eye on further tech earnings, which may continue to impact Alphabet's trajectory in the upcoming sessions.
A BIG WIN for GOOGLE Congrats 2 those who followed this analysis
A BIG WIN for GOOGLE and For You !
I knew that the "Stacked Channel" was the key and that Google would make a decision sooner or later. If we look closely, the price tried to rise several times. However, the key this channel gave us was from October 7th, with that bearish volume candle. Although it was coming down strongly, it didn’t manage to break my stacked channel. This is a very clear signal from the price, telling us: I'm still strong and still in the bullish game.
one more detail to conclude is that the price is signaling with wicks that there’s a lot of buying pressure, and it’s not yet for a bear market.
Google's only hope was the earnings report, and with an excellent report and very solid numbers, we won big on this analysis!
Congratulations if you followed this analysis and entered before the report. As I had mentioned several weeks ago, I’ve always been "Bullish" on Google, and it didn’t disappoint me, either technically or fundamentally. Google remains STRONG !
Thank you for supporting my channel & Congrats to you!
Best regards
Be careful with Google !!!Alphabet's (NASDAQ:GOOGL) third-quarter results exceeded analysts' estimates with increased ad revenue. Alphabet reported its third-quarter results on Tuesday, showing that the search giant's advertising revenue surpassed Wall Street estimates, alleviating concerns about competitive threats from AI search products. Alphabet Class A shares (NASDAQ:GOOGL) rose more than 6% in after-hours trading following the report. The company reported earnings of $2.12 per share on revenue of $88.27 billion, compared to expectations of $1.84 per share on revenue of $86.37 billion.
Advertising revenue in the third quarter increased from $59.65 billion in the same period last year to $65.85 billion, and YouTube advertising revenue increased from $8.95 billion to $8.92 billion. Google Cloud revenue increased from $8.41 billion in the same period last year to $11.35 billion.
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard .💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
GOOGan upward trend in the prices of an industry's stocks or the overall rise in broad market indices, characterized by high investor confidence
Run is overGoog has become one of the many bloated pig stocks whos cycle is ending. Just like Ford or IBM, every dog has its day and the charts are showing the future. A retest of the 2023 low will have to hold or we are going all the way back to 2018 lows.
Alphabet Inc. (GOOGL) Shares Rise to $180Alphabet Inc. (GOOGL) Shares Rise to $180 Following Earnings Report
On September 10, we noted that GOOGL shares:
→ Were forming an ascending channel (highlighted in blue on the chart below, updated with the latest trading data);
→ Could begin to rebound from the psychological support level of $150 (indicated by an arrow).
Since then, the price did indeed turn upward from that level, fluctuating in October between a support level of $160 and a resistance level of $168, signaling a supply-demand equilibrium.
However, this balance now appears to be shifting, as Alphabet Inc. (GOOGL) released its Q3 earnings report post-market yesterday, surpassing expectations:
→ Earnings per share: actual = $2.12, expected = $1.84
→ Gross revenue: actual = $88.27 billion, expected = $86.39 billion.
Investors were likely encouraged by the company’s statement that its AI investments are "paying off." Consequently, Alphabet's shares rose to $180 in after-hours trading, suggesting a likely opening at this level in today's main session.
Today’s technical analysis for GOOGL suggests that trading will likely open with a bullish gap, as:
→ The price breaks above its range, crossing the $168 resistance;
→ It reaches the median of the long-term ascending channel, where a new buyer-seller consensus may form.
If this bullish sentiment persists, GOOGL's price may continue climbing toward its historical high near $190 this year.
According to a TipRanks survey:
→ 22 out of 28 analysts recommend buying GOOGL shares.
→ The average 12-month price target for GOOGL is $201.54.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
You should google it! $NASDAQ:GOOG NASDAQ:GOOG
Investors sometimes overlook that Google is one of the original FAANG stocks, underscoring its significant influence in tech and resilience over time.
Earnings Highlights:
• EPS: $2.12 vs. $1.84 expected
• Revenue: $88.27B vs. $86.31B expected
Ever wonder if a company holds a monopoly? Look no further than when its products become synonymous with everyday language, and it has the financial power to acquire nearly any competitor in its path.
Bullish End of Year?This chart shows the price development of Alphabet (Google). Since reaching its high in July, the stock has been in a downward correction. However, it now appears that this correction may be ending. The price has formed a higher low, which could serve as the right shoulder in an inverse Head & Shoulders pattern.
Additionally, the SMAs are bullishly aligned once again. If the price breaks above the 38.2% Fibonacci level, I anticipate a bullish move toward the end of the year.
Alphabet (Google) Cup and Handle Bullish Technical FormationIn the domain of technical analysis of market prices, a cup and handle or cup with handle formation is a chart pattern consisting of a drop in the price and a rise back up to the original value, followed first by a smaller drop and then a rise past the previous peak. It is interpreted as an indication of bullish sentiment in the market and possible further price increases.
The cup part of the pattern should be fairly shallow, with a rounded or flat "bottom" (not a V-shaped one), and ideally reach to the same price at the upper end of both sides. The drop of the handle part should retrace about 30% to 50% of the rise at the end of the cup. For stock prices, the pattern may span from a few weeks to a few years; but commonly the cup lasts several months, while the handle should last for a shorter time.
A cup and handle formation is considered significant when it follows an increasing price trend, ideally one that is only a few months old. The older the increase trend, the less likely it is that the cup and handle will be an accurate indicator. The trade volume should decrease along with the price during the cup and should increase rapidly near the end of the handle when the price begins to rise.
The main technical graph for Alphabet Inc (Google) stock indicates on Cup and Handle Bullish Technical formation, since the price rose heavily over 2-years period of time (mid-2022 to mid-2024), and then 0.382x Fib retraced so far from its historical peaks.
This one can be entitled for so-called "cup and handle" respectively, with a further upside potential.
Google update Google.update I was also aware.of the pick before touching 160 n 154 again the analysis itself was showing support aswell n ready to go,what is good about my analysis? it shows clear trend n right time to enter n simple to follow aswell am looking forward to hit 180 as a first tp n wish everyone who took advantage of it more blessings to you n your family.
Google update Google.update I was also aware.of the pick before touching 160 n 154 again the analysis itself was showing support aswell n ready to go,what is good about my analysis? it shows clear trend n right time to enter n simple to follow aswell am looking forward to hit 180 as a first tp n wish everyone who took advantage of it more blessings to you n your family.
GOOG Technical Analysis on October 29, 2024:Key Levels
Resistance:
170.75 - 170.72: Major resistance range where GOOG has faced selling pressure.
169.23 - 169.16: Short-term resistance zone. If the price breaks above this, it may test the higher resistance levels.
Support:
167.61: First layer of support, which could provide a bounce opportunity.
165.76: Stronger support level; a break below this could indicate further downside risk.
162.78: Major swing support; likely to attract buyers if reached.
Entry/Exit Points
Scalping:
Entry: Consider entering near 167.61 if GOOG shows buying interest. A break above 169.16 could provide a quick scalp towards 170.72.
Exit: Exit scalps before key resistance zones, like 169.23 and 170.72, or on signs of rejection at these levels.
Swing Trading:
Entry: Watch for a retracement to 165.76 for a possible entry, especially if price shows consolidation around this level.
Exit: Consider exits near the 170.72 resistance zone or higher if momentum supports a continued rally.
Directional Suggestion
Bullish Bias if GOOG can maintain above 167.61 and break through 169.23; this could lead to a test of 170.75.
Bearish Bias if GOOG fails to hold above 165.76, with the next support level being 162.78.
Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Always conduct your own research and consider consulting a financial advisor before trading.
GOOGLE SHORT TRADE OUTLOOK ON EARNINGS REPORT DAY OCT.29, 2024NASDAQ:GOOGL
WEEKLY FUNDAMENTAL ANALYSIS:
>P/E Ratio (Quarterly Lookback): Google's P/E is currently at around 25, signaling overvaluation (typically anything equal or above 25 is considered overvalued).
>Correlation: Both Google's P/E ratio and value compared to Treasury bonds are flashing overvalued signals.
DAILY OUTLOOK:
>Short-term and long-term value correlations vs T-bonds and P/E ratios suggest the stock may remain overbought until the upcoming earnings report, which could act as a catalyst.
>Election Year Seasonality is strongly bearish as well.
TECHNICAL INSIGHT:
>GOOG may pull back to fill a previous price gaps before slowing down.
Stay sharp, traders! 🎯 #GOOG #ShortTrade #MarketAnalysis #Investing
Disclaimer: This post is for informational and educational purposes only and should not be considered financial advice. It reflects general market fundamentals and personal speculation. Always do your own research and consult with a professional before making any financial decisions. Trade at your own risk.
GOOGL Alphabet Options Ahead of EarningsIf you haven`t bought the dip on GOOGL:
Now analyzing the options chain and the chart patterns of GOOGL Alphabet prior to the earnings report this week,
I would consider purchasing the 165usd strike price Puts with
an expiration date of 2024-11-1,
for a premium of approximately $4.80.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
If You Can Buy Google Stock You Can Learn This #1 StepThe #1 step am talking about here is going to really shock you.
It actually the last step in the rocket boost strategy.
Especially when it comes to google NASDAQ:GOOGL
Now may be thinking,
“The last step should not be a gap instead it should be
the crossover of te moving averages”
Now am not going to say thats wrong.Because the last step
is really about market psychology.
On order for you to really understand market psychology
you are going to have to invest in some form of education
in yourself to understand this last step.
Ideally, you should be inside a financial newsletter so that
you give you mind some time to understand this process
because its a philosophy that you will need time
To believe in.The best shortcut is to learn how to campaign
If you want to not make money in the financial market
then you dont relly need to invest in your education, and that's
okay but if you want to really understand the rocket booster strategy than
you have to invest in your education about the stock market.
Rocket boost this content to learn more.
Disclaimer:Trading is risky you will loe money
wether you like it or not please learn risk mangement
and profit taking strategies.
Too Busy? Then Buy Google Stock To Understand This 3 Step Systemits been a boring weekend for me and this is why.
You see like most traders starting in the
trading industry i was used to sitting on my
chair and watching the price movements this was
a justification for “working” in the stock market.
Look at this chart again: NASDAQ:GOOGL
Now you may be thinking,
“You have to watch all the price movements to
know where you stand.”
This is not a true statement instead what you need
is a trading strategy called ”The Rocket Booster Strategy”
This strategy has 3 steps:
• The price has to be above the 50 MA
• The price has to be above the 200 MA
• The price has to gap up in a trend
Now if you want you can ignore this strategy and develop
your strategies. But if you want to understand trend analysis
then you need to read the next article titled: If You Can Buy
Google Stock, You Can Learn This #1 Step
Disclaimer: Trading is risky you will lose money
whether you like it or not please learn risk management
and profit-taking strategies.
