[GOOG] Triangle breakout - is it a easy trade?Triangle pattern breakout already happens.
If it retests support and holds, target will be about $237.
Is this will be quite a simple trade bf Xmas?
Let's await GOOG's show time.
ABEA trade ideas
Where Googl Will Go After Downturn Today? TA for Dec.19Today, GOOGL faced a significant market downturn, dropping sharply from its previous highs. This crash in price reflects broad market weakness and heightened volatility. Let’s analyze the structure, levels, and opportunities for recovery or further downside.
1. Market Structure Analysis
* Trend: GOOGL has broken below critical trendlines on the hourly and daily charts, signaling bearish momentum. This break invalidates prior upward channels.
* Volume: Increased volume during the sell-off suggests strong bearish activity, possibly institutions or large players exiting positions.
2. Supply and Demand Zones
* Demand Zone:
* $182.42 to $185.00 – Potential support zone where buyers may step in.
* Supply Zone:
* $192.50 to $197.00 – Recent resistance; any price action into this zone may face selling pressure.
3. Order Blocks and Support/Resistance
* Support Levels:
* $182.00 (Critical put support from GEX and chart levels).
* $180.00 (Historical support and psychological round number).
* Resistance Levels:
* $192.50 (Recent PUT wall and GEX resistance).
* $197.00 (Upper gamma wall zone).
4. Key Indicators
* 9 EMA & 21 EMA:
* GOOGL is trading well below these levels, confirming short-term bearishness. Look for the EMAs to act as dynamic resistance near $190.
* MACD:
* On both hourly and daily charts, MACD has bearish crossovers, indicating momentum is still strongly negative.
5. Gamma Exposure (GEX)
* Gamma Levels:
* Negative Gamma: $192.50 acts as the highest PUT resistance.
* Neutral Gamma: $190.00 remains the gamma wall; a significant close above could signal a shift.
* Positive Gamma: $205.00 marks the distant target if recovery begins.
* Options Oscillator Insights:
* IVR: Elevated, indicating higher volatility. Calls remain significantly outnumbered by PUTs, showing bearish sentiment.
6. Scalping vs Swing Outlook
* Scalping:
* Entry: Look for intraday bounces near $182.50 with tight stop-losses.
* Exit: Target quick profits near $185 or dynamic EMA levels.
* Swing Trading:
* Entry: A confirmed hold above $190 on volume would signal a reversal.
* Stop-Loss: $180 – Strict risk management is key.
* Profit Targets: $197, followed by $205 (if broader market conditions improve).
7. Actionable Suggestions
1. Wait for Confirmation: Watch price action near $182–$185 for signs of reversal or continuation.
2. Tight Risk Management: With volatility high, position sizing and stop losses are critical.
3. Focus on Key Levels: Monitor GEX levels for real-time insight into resistance/support.
8. Conclusion
GOOGL is navigating significant bearish pressure, and current price action demands caution. While a short-term bounce is possible near $182, the larger structure suggests further downside if key levels don’t hold. Active traders should prioritize discipline and agility in this environment.
Disclaimer
This analysis is for educational purposes only and does not constitute financial advice. Always perform your own research and trade responsibly.
A Google Short Term TradePrice is back to balance at the Center-Line.
From here we have a 50/50 chance that it will either shoot through it, or turn and trade in the opposite direction.
My bias is short because of the overall market situation.
(Partial) Target is the GAP-Fill at the L-MLH, which a Stop I can afford and not even think about it when it get hit.
Google - Catch The 2025 Bullrun Now!Google ( NASDAQ:GOOGL ) is preparing for a strong year 2025:
Click chart above to see the detailed analysis👆🏻
So many confluences on Google are pointing to a strong year of 2025. First of all we have the resistance trendline breakout which we saw a couple of months ago and bears were also not able to significantly push price lower after we saw the retest of resistance. This is soo bullish.
Levels to watch: $220
Keep your long term vision,
Philip (BasicTrading)
Maximize Your Gains with GOOGLE: Key Insights for Next WeekRecent Performance: GOOGLE has experienced notable price fluctuations lately,
transitioning from a peak of $196 to around $191. This decline reflects a
potentially bearish sentiment, especially as the stock hovers near its
crucial support level at $189. Despite the pullbacks, the strong gamma
exposure signals enduring bullish sentiment from investors, suggesting
resilience in the market.
- Key Insights: Analysts indicate a potential rebound for GOOGLE, targeting $200
as a primary objective if positive momentum can reestablish itself. The
company's ongoing advancements, particularly in quantum computing
technology, provide a strategic edge that markets are keenly eyeing. With an
intrinsic value placed around $213, the current price indicates the stock
may be undervalued, presenting a ripe opportunity for investors to consider
entering.
- Expert Analysis: Market sentiment surrounding GOOGLE is cautiously optimistic,
buoyed by the anticipation of significant technological breakthroughs,
especially the recent announcements regarding quantum chips. However, the
general performance of the tech sector has been tumultuous, as major players
report disappointing earnings, leading to some skepticism. Sustaining above
support levels will be essential for sentiment to shift positively.
- Price Targets:
- Next week targets:
- T1: $200
- T2: $210
- Stop levels:
- S1: $188
- S2: $186
- News Impact: The recent launch of Google's new quantum computer has generated
considerable excitement, which could reshape industry standards and
influence numerous sectors, including computing and cryptocurrency. However,
broader tech sector challenges, as seen in the performance of rivals like
Microsoft and Amazon, highlight potential volatility moving forward. As
investors monitor these developments, the evolving landscape could greatly
impact GOOGLE's standing in the market.
google ready to fire upGoogle has formed a perfect William o neil pattern with 6 month of consolidation. It broke its all time high recently on high volume and recent down movement gave ample time for bulls to load call. i think it is ready to break out. it is only mega cap that has not broken its july ath. I think 200-210 is possible next week
Google soup is ready to fly, jump before soup gets coldGoogle chart is a very simple setup
called cup and handle pattern, It has consolidated past 6 month and broke on heavy volume. It got a pull back this week. Now ready to fire. I am thinking target will be somewhere around 240. It will go parabola, lik MSTR, NVDA. Enjoy ! stockman is back again
Alphabet Inc. (GOOGL) Shares Rise Over 5% in a Single DayAlphabet Inc. (GOOGL) Shares Rise Over 5% in a Single Day
As the chart indicates, during yesterday’s trading session, shares of Alphabet Inc. (GOOGL), Google’s parent company, climbed to their highest level since July. This surge was driven by market participants' reaction to the company unveiling Willow, a quantum computing chip. According to Google, this chip can perform in less than five minutes computations that would take some of today’s fastest supercomputers 10 septillion years.
“We see Willow as a significant step on our journey towards building a practical quantum computer with real-world applications in areas such as drug discovery, nuclear fusion, battery design, and more,” Google CEO Sundar Pichai stated on X (formerly Twitter) on Monday.
On 22 November, when analysing the price chart of Alphabet Inc. (GOOGL) shares, we:
→ Drew an upward channel (marked in blue);
→ Highlighted the support formed at the former resistance level of $167, from which the price rallied to current levels.
What are the potential scenarios for the trend's development?
Technical analysis of Alphabet Inc. (GOOGL) shares suggests:
→ The bullish gap, with a “leap” above the psychological level of $180, could act as future support;
→ The price is near the median of the long-term blue channel, where supply and demand forces often balance out;
→ If the bullish momentum persists, the price could rise to the upper thickened line, which reflects a steeper bullish trajectory.
It’s possible that this upper thickened line, reinforced by the current high near $191.20, will act as significant resistance through the end of 2024, prompting the price to consolidate around the channel's median line.
According to TipRanks surveys:
→ 27 out of 33 analysts recommend buying GOOGL shares;
→ The average 12-month price target for GOOGL shares is $209.
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.
GEX Analysis for GOOGL for Dec. 13, 2024Current Price: $191.60
IVR: 22.2
IVx Average: 30.8
Options Sentiment: Bullish with 35.8% in Calls.
Key Levels:
* HVL (High Volume Level): $167.50
* Support Levels:
* First Support: $187.50 (2nd CALL Wall)
* Second Support: $185.00 (GEX9 Level)
* Resistance Levels:
* First Resistance: $192.50 (GEX8 Level)
* Second Resistance: $197.50 (3rd CALL Wall)
* Major Resistance: $200.00 (CALL Resistance)
Market Sentiment:
* The highest positive NETGEX resides at $192.50, making it a critical pivot point. If the price sustains above this level, the bullish momentum could continue towards the next target at $197.50.
* Conversely, if the price breaks below $187.50, bearish pressure might dominate, targeting the $185.00 zone.
Actionable Strategy:
* Bullish Setup: Consider long positions above $192.50, targeting $197.50, with a stop loss at $190.50.
* Bearish Setup: Below $187.50, consider short positions targeting $185.00, with a stop loss at $189.00.
Reminder:
Always monitor updated IVR and IVx for real-time accuracy before entering any trade. These metrics play a vital role in refining the decision-making process.
Disclaimer: This analysis is for educational purposes only. Always perform your own research before trading.
$GOOGL 30% YTD retryAfter its 15%+ drop off highs the chart shows some signs of trajectory strength off the bottom. Great legs up. I don’t really care about prices, mentally this stuff moves in percentages. 26% YTD currently, Tik Tok ban is a possible beneficial and they just filed a lawsuit against the government for overreach. I like the looks of this chart immensely, news seems positive and only 4% from a solid YTD. Leave a comment, leave a follow.
WSL
GOOG watch $196.46: Golden Genesis fib to cause Dip or TopGOOG has been rising and then spiked on some news.
Now at a Golden Genesis fib sure to cause a reaction.
What happens here will give clues about its strength.
It is PROBABLE that we orbit this fib a few times.
It is PLAUSIBLE to dip to one of the fibs below.
It is POSSIBLE that we have a significant top.
Google: There We Go!Since late October, the Alphabet stock has been rejected twice at the $181.61 resistance. This Monday, though, it achieved an impulsive rally above this critical level. This advance aligns perfectly with our primary scenario by propelling the magenta wave further upward, and we expect additional gains as this movement progresses. However, the development of the ongoing upward impulse would be significantly delayed in our 33% likely alternative scenario. In this case, Alphabet’s stock would still be working on the corrective green wave alt. and sell off below the support at $147.22.
GOOGL: Potential for Further Upside. For December 12, 2024Key GEX Levels:
1. Resistance Zones:
* 195 (3rd CALL Wall, 48.11%): A significant resistance level with strong call activity.
* 200 (10.35% CALL Wall): Another resistance area, but less significant than the 195 level.
2. Support Zones:
* 190 (2nd CALL Wall, 85.43%): Strong support zone, indicating a likely bounce if prices retrace.
* 187.5: Additional support backed by high positive NETGEX.
Price Action Insights:
* GOOGL is trading near its 195 resistance zone. This level will be critical to watch for breakout potential.
* Momentum has been bullish, with the price consolidating after an upward move. A clean breakout above 195 could push the price towards 200.
* Trend Bias: Bullish above 195; neutral-to-bearish below 190.
Options Oscillator Insights:
1. IVR (Implied Volatility Rank): 32.3
* The IVR suggests moderate implied volatility. This provides an opportunity for options strategies, as premiums are neither too expensive nor too cheap.
2. IVx Average: 35.1
* Indicates the historical average of implied volatility, slightly above the IVR, confirming stable volatility levels.
3. Call%/Put% Distribution: 47.5% Call-dominant
* Market sentiment leans bullish, with higher call volume dominating the options flow.
Options Trading Recommendations:
1. Bullish Setup:
* Call Option: Strike price 195.
* Expiration Date: December 22, 2024.
* Target Level: 200.
Rationale: A breakout above 195 could trigger strong bullish momentum.
2. Bearish Setup:
* Put Option: Strike price 190.
* Expiration Date: December 22, 2024.
* Target Level: 187.5.
Rationale: A rejection at 195 or a breakdown below 190 could push prices lower.
3. Neutral Setup:
* Iron Condor: Utilize strikes 190 and 200 for the wings.
* Expiration Date: December 22, 2024.
Rationale: Capitalizes on range-bound movement between support and resistance zones.
Trading Plan:
* Above 195: Enter long positions targeting 200. Use options or equity positions.
* Below 190: Consider short positions targeting 187.5. Hedge with puts for downside protection.
* Between 190-195: Look for consolidation or sideways action before committing.
Final Thoughts:
GOOGL's proximity to critical GEX levels provides high-confluence trade setups. Traders should closely monitor the 195 resistance and 190 support to confirm directional bias. Utilize the Options Oscillator insights to refine entries and exits.
Disclaimer:
This analysis is for informational purposes only. Please conduct your own due diligence before making trading decisions.
GOOGL: Scaling the Gamma Ladder – Key Levels $ Strategies TomorrGamma Exposure (GEX) Levels and Price Action:
1. Key Levels Identified:
* Highest Positive NETGEX (Call Resistance): $180
* A major resistance zone where price could face selling pressure or consolidation due to significant gamma positioning.
* 2nd Call Wall: $185
* A crucial level acting as the current resistance. Any breach above this could open the door to test $195.
* 3rd Call Wall: $195
* An upper resistance zone representing a high gamma buildup that could restrict further upward movement.
* HVL (Hedging Volatility Level): $167.5
* A dynamic support level, indicative of gamma-driven price attraction and likely to act as a near-term support.
* PUT Walls:
* 2nd PUT Wall: $160
* Moderate support, representing hedging activities around this price level.
* 3rd PUT Wall: $155
* A strong defensive zone with substantial put hedging activity, suggesting buyers are likely to step in if tested.
2. Price Action:
* GOOGL is currently trading at $185.77, near the 2nd Call Wall. This level is critical, as a breakout above it may lead to momentum toward $195. Conversely, failure to hold $185 could result in a retracement toward $180.
Technical Indicators Analysis:
1. MACD:
* Positive crossover with rising momentum, indicating bullish sentiment. A continuation could support a breakout above $185.
2. Stochastic RSI:
* In overbought territory, signaling caution for potential consolidation or pullback.
3. Trendlines:
* An upward-sloping trendline aligns with $180, providing strong support for any retracement.
Options Strategy Plan:
1. Bullish Scenario:
* If GOOGL breaks above $185:
* Call Option Entry: Strike price at $190, expiration 1-2 weeks.
* Target: $195 (next resistance level).
* Stop-Loss: $182.
2. Bearish Scenario:
* If GOOGL fails to hold above $180:
* Put Option Entry: Strike price at $175, expiration 1-2 weeks.
* Target: $167.5 (HVL level).
* Stop-Loss: $183.
3. Neutral Strategy:
* If GOOGL consolidates between $180 and $185:
* Iron Condor Strategy:
* Sell a call at $190 and a put at $175.
* Buy a call at $195 and a put at $170 to cap risk.
Recommendation for Expiration Date:
* Short-Term Expiry (1-2 weeks): Ideal for trading around key gamma levels.
* Longer Expiry (2-3 weeks): Allows for flexibility in case of delayed price reactions.
Summary of Gamma Insights:
* The $185 level is pivotal, aligning with the 2nd Call Wall and acting as immediate resistance.
* The $180 level serves as a solid support backed by gamma positioning, while $167.5 (HVL) is the ultimate fallback support.
* A breakout above $185 could drive bullish momentum to $195, while a failure to hold this level may result in consolidation or retracement.
Disclaimer:
This analysis is for educational purposes only and does not constitute financial advice. Always perform due diligence and consider risks before trading.
Google , follow up with the fantastic fundamentals great value!Hi friends next we would look into Alphabet Inc. (GOOG)
Great fundamentals supporting the idea, outside of the technical view
1. Strong Financials: Q3 revenue grew 15% YoY to $88.3B, exceeding analyst expectations. EPS also beat forecasts.Their current AD revenue, and data base center revenue has been outstanding hence giving a positive outlook on the share's price
2. AI Integration: Generative AI is now embedded across services, with search AI reaching over a billion users.Gemini AI project has been outstanding and it has a strong overhand over compettitors involving in AI
3. Waymo Expansion: Waymo, Alphabet's autonomous car unit, plans to extend ride-hailing to Miami by 2026.
These developments have boosted investor confidence, with analysts raising price targets and maintaining bullish outlooks.
Entry : On Market Open - 174.69
Target 1 : 181.61$
Target 2 : 191.68$
As always my friends happy trading!
P.S. If you have questions or inquiries about one of my existing set-ups or personal questions / 1 on 1 sessions consider joining my channel so you can follow up with me in private!
Google Daily Chart Break Out $GOOGL🚀 **GOOGLE STOCK UPDATE!** 🚀
📈 **New All-Time High!** 📈
NASDAQ:GOOGL reached new highs yesterday, indicating strong market momentum! 🔥 What’s next? Here’s what traders are monitoring:
🔍 **Consolidation Phase** 🔍
We need NASDAQ:GOOGL to maintain key support and create a stable trading range. This often precedes the *next upward move* 📊.
💡 **Importance**
Post-breakout consolidation reflects strength, suggesting buyers are in control and further gains may follow. 📅
👀 **Levels to Monitor**
- **Support Area**: Look for support at prior breakout levels.
- **Volume**: Healthy consolidation shows declining volume, indicating sellers are weakening.
⚡ **Stay alert!** ⚡
Breakout, consolidate, repeat. The next move could be significant.
#GOOGL #StockMarket #TradingTips #BullishConsolidation #BreakoutStocks 🚀📈
GOOGL Next?GOOGL is lagging behind all the tech stocks and has a great potential upside setup
I have my alerts set. This can be the next one to move.
I'll be posting weekly watchlists on my You tub channel, link in bio.
Dont miss out
Google LONG Moving Averages (SMA):
50-day SMA: $168.21
200-day SMA: $164.32
The current stock price is above both moving averages, indicating an upward trend.
Oscillator Indicators:
Relative Strength Index (RSI): An RSI value above 70 may indicate overbought conditions, while a value below 30 suggests oversold conditions.
MACD: A positive MACD value and its rise above the signal line confirm bullish momentum.
Chart Patterns:
Cup and Handle Formation: A "cup and handle" pattern is forming with a resistance level around $182.02. A breakout above this level could lead to a significant price increase.
Google updateGoogle manage to grow as we expected,note that the growth will continue until 200 to 220 soo this is just a beggining,when it comes to nvidia China 🇨🇳 is doing some legal investigations to wards company's since Monday and that cost a delay to our predictions n company loose some pips from Monday instate of growth as we expected I know why and this things is likely to finish today,understand that there will be people's whose gonna hate us for being smart n winning all the time,don't focus on loosers,connect with winners 🏆
GOOGL’s Next Move: Charting the Path with Strong FundamentalsAs of December 7, 2024: GOOGL Trading at $174.71
Fundamental Overview
GOOGL remains a dominant force in the technology sector, backed by robust fundamentals that highlight its financial strength and growth potential. Here are some key metrics:
* Forward P/E Ratio: ~19.90, indicating a reasonable valuation relative to expected growth.
* Expected EPS Growth: Analysts project a 5-year EPS growth rate of 21.03%, showcasing strong profitability expectations.
* Expected Revenue Growth: Forecasted 5-year revenue growth of 10.99%, signaling steady expansion in core businesses.
* Net Margins: At 27.74%, Alphabet exhibits impressive operational efficiency.
These metrics reinforce Alphabet's position as a growth-oriented mega-cap stock, blending innovation with consistent financial performance.
Technical Analysis and Trading Plan
Overview
GOOGL is currently consolidating after a strong rally earlier this year. The stock is trading within a well-defined range, respecting key support and resistance levels. Combined with its strong fundamentals, this also creates a promising setup for both scalpers and swing traders.
Price Action and Key Observations
1. Trend Analysis:
* GOOGL is maintaining an upward trajectory, bouncing off its ascending trendline since mid-2023.
* The stock’s current range suggests indecision, but a breakout is likely in the coming weeks.
2. Liquidity Zones:
* Demand Zone: $163–$170, an area where buyers have historically stepped in, coinciding with the 200-day moving average.
* Supply Zone: $190–$192, marking resistance from previous highs.
3. Order Blocks:
* Bullish Order Block: Around $163.50, aligning with historical support and institutional buying interest.
* Bearish Order Block: Between $190–$192, serving as a critical resistance level.
4. Indicators:
* MACD (Daily): A bullish crossover signals upward momentum, aligning with recent price recovery.
* Volume: Increased buying volume during the last bounce suggests accumulation near $170.
Support and Resistance Levels
1. Support:
* $174.70: Immediate support just above the 15-day EMA.
* $163.55: Strong support aligned with the bullish order block and the 161-day moving average.
2. Resistance:
* $182.46: Immediate resistance; a breakout here could trigger a move higher.
* $191.75–$192: Major resistance and a critical target for swing traders.
Game Plan
Scalping Strategy:
* Entry: Buy on a breakout above $182.50 with strong volume confirmation.
* Exit: Target $190–$192.
* Stop-Loss: Set below $181 to manage risk.
Swing Trading Strategy:
1. Bullish Case:
* Entry: Look for a pullback to $174 or $163.50 with a bullish reversal candle.
* Targets: First target at $182.50, and swing target at $191–$192.
* Stop-Loss: Below $163.50 to avoid significant downside.
2. Bearish Case:
* If GOOGL breaks below $163.50 with high volume, short positions targeting $150 could be considered.
* Stop-Loss: Set above $165 to minimize risk.
Thoughts and Where It’s Heading
* Upside Potential: A breakout above $182.50 could attract further momentum, with $190–$192 as the next logical target. This aligns with both technical patterns and improving fundamentals.
* Downside Risk: A failure to hold $174 could lead to a retest of $163.50 or even $150, where demand is expected to pick up again.
Playbook
Checklist Before Entry:
* Confirm breakout or bounce with volume analysis.
* Verify MACD momentum and other indicators.
* Watch for price action signals near key support/resistance levels.
Risk Management:
* For scalping: Risk 1% of capital per trade.
* For swing trading: Risk no more than 2% per position.
Market Updates to Monitor:
* Keep an eye on sector trends, earnings updates, and macroeconomic news for potential catalysts.
Disclaimer
This post is for educational purposes only and does not constitute financial advice. Please conduct your research and consult a professional advisor before making any trading or investment decisions.
Its OK as longest google stays above 170 ! lets go ! Last week, Google stayed above 170, which is excellent news. Within the analysis, we can see that it’s starting to show bullish convergence. I also drew an ascending channel based on its recent price movements.
In my last analysis of Google, I mentioned that once the price touched the "stacked channel," we only needed to observe the immediate candlestick structure, and from there, it would take off—and that’s exactly what happened (check out the little thumbs-up hand).
Now, it doesn’t matter if the price dips slightly here; the key is for it to stay above 170 and within the mini ascending channel I marked.
The real challenge for Google is breaking through the inflection zone where it’s currently positioned. It was rejected once, so the price will likely attempt to break through this key zone again.
Let’s see what happens in the coming days.
Thanks for supporting my channel! Best regards.
Google updateHi traders google it's still valid for buys with the ne,t target of 190,what I can say in order for you to understand the system,market moves up n down but uptrend doesn't change because of pull backs but it moves accordingly,soo as a trader and investor you should know that we're am opening position market is likely to come bek soo you must proper money management that is gonna hold a delay that can happen in that company sectors until it picks up again,yes it must sometime n testing your patience n emotion if you are scared you will simple exit early but let me remind you this,there is no hurry inlife,learn to have patience to wait there is no loose in trading n investing but there is years of investing in knowledge in order to know how to follow the system,you are not loosing you are growing trust the process 🙏
Google updateHi traders google it's still valid for buys with the ne,t target of 190,what I can say in order for you to understand the system,market moves up n down but uptrend doesn't change because of pull backs but it moves accordingly,soo as a trader and investor you should know that we're am opening position market is likely to come bek soo you must proper money management that is gonna hold a delay that can happen in that company sectors until it picks up again,yes it must sometime n testing your patience n emotion if you are scared you will simple exit early but let me remind you this,there is no hurry inlife,learn to have patience to wait there is no loose in trading n investing but there is years of investing in knowledge in order to know how to follow the system,you are not loosing you are growing trust the process 🙏
