Short GOOGLWith the antitrust suite looming. National recession sentiment high. This is poised for a retracement. Low target 103.5Shortby TrippyStickzUpdated 2
CORRECTION and longexpected correction up to 108/110 range then bounce back to 133, 136, 140 levelsLongby POPPOPPU2
$GOOGL with a bullish outlook following its earnings #StocksThe PEAD projected a bullish outlook for NASDAQ:GOOGL after a positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 75%.Longby EPSMomentum0
$GOOGL Analysis, Key Levels & TargetsNASDAQ:GOOGL Analysis, Key Levels & Targets I could definitely see lower, but 108 would be a great entry…. Shortby SPYder_QQQueen_Trading2
GOOGLE: Hit the 1D MA50 after 3.5 months! Rebound ahead?Google hit two days ago the 1D MA50 for the first time since March 15th and is already rebounding. The 1D technicals are neutral (RSI = 49.273, MACD = 1.050, ADX = 30.515) indicating that the first buy in some time can be justified on the current level buy attention is required as the downside has technical extension potential. We are taking this opportunity to place our first buy and target the R1 (TP = 130.00) but if 1D closes the candle under the MA50, we will realize the loss, sell with TP = 108.00 and then reverse to buying again (TP = 130.00) assuming the 1D MA200 holds as the long term Support. The 1D RSI touched its HL trendline, which empowers buying on the current level. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##Longby InvestingScope5515
GOOGLGOOGL is in falling wedge , wedge resistance area around 125, Stop loss below 116, if wedge is broken we may revisit area 130 and aboveby Stock_patterns_123451
Alphabet vs. Tech Giants: Analyzing Investor Pessimism...Alphabet, the parent company of Google, has faced scrutiny from various angles, including the emergence of artificial intelligence (AI) tools like ChatGPT, heightened regulatory oversight, and a slowdown in digital advertising spending. Despite being a major player in the technology industry with diverse ventures, Alphabet's stock performance has garnered more skepticism from investors compared to other prominent tech companies. Although Alphabet has seen a modest increase of over 9% in the past 12 months, it has lagged behind its counterparts and the overall performance of the S&P 500 index. While Alphabet is considered a solid investment, it is crucial to consider the timing of investing in the company. Despite its long-term potential, the current circumstances call for cautious evaluation. Alphabet has been entangled in prolonged legal battles with European Union regulators for over a decade, primarily related to antitrust violations. The company has incurred substantial fines from the EU, including a $3.5 billion penalty in June 2017 and a fine exceeding $6.1 billion in September 2022. More recently, the European Commission has notified Alphabet of its breach of EU antitrust rules, specifically in the advertising technology (adtech) industry. Bloomberg has reported that the EU may impose another significant penalty, potentially surpassing $8 billion. Apart from the financial implications, the potential requirement for Alphabet to restructure and divest portions of its adtech business to maintain operations within EU countries is a significant concern. This obstacle looms large, considering that Europe, the Middle East, and Africa (EMEA) contribute 30% of Alphabet's revenue. Considering all these factors, it is essential to carefully assess the risks and potential consequences before deciding whether it is the right time to invest in Alphabet. Alphabet heavily relies on Google's advertising business, which accounted for $54.5 billion out of its total Q1 2023 revenue of $69.7 billion. It constituted over three-quarters of the company's fiscal 2022 revenue, underscoring its importance to Alphabet's overall financial performance. Despite a 2.6% year-over-year revenue increase in Q1, Alphabet experienced an 8.2% decline from Q4 2022, with Google's advertising revenue declining for consecutive quarters. Recognizing the risks associated with a weakened advertising business, Alphabet has prioritized diversifying its revenue streams, particularly through the growth of Google Services and Google Cloud. Google Cloud revenue reached $7.4 billion in Q1, up from $5.8 billion in Q1 2022, and has finally achieved profitability. For Alphabet to ensure long-term sustainability, it must rely less on Google advertising and focus on strengthening other segments, especially Google Cloud, which currently lags behind competitors like Amazon Web Services and Microsoft Azure in market share. However, the profitability achieved in Google Cloud is an encouraging sign for investors. Returning to the initial question of whether Alphabet is a favorable investment at present, the answer is yes for long-term investors with a substantial time horizon. Alphabet possesses the resources and resilience to withstand the challenges it faces. Concerns regarding Google search are valid but possibly overstated, as it will likely remain a significant revenue source for the foreseeable future, albeit with reduced reliance. However, the response becomes more complex for investors concerned about short-term stock performance. The overall hype surrounding the tech industry has propelled Alphabet's stock price by over 35% year-to-date as of June 23. Nevertheless, a market pullback, not only for Alphabet but also for the tech sector as a whole, may be on the horizon. Given the circumstances, it may be an opportune time to gradually accumulate Alphabet stock through dollar-cost averaging. This approach involves consistently investing fixed amounts over time, thereby mitigating the impact of short-term market fluctuations.Longby FOREXN1151515
Google -> Pumping With The AI HypeHello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that Google stock just retested and with a weekly bearish candle perfectly started to reject major previous structure at the $130 level. You can also see that weekly market structure is still quite bullish, Alphabet is now retesting the 50% fibonacci retracement level and also previous weekly resistance which is now turned support at the $120 level so I simply do expect more continuation towards the upside from here. On the daily timeframe you can see that Google stock just created and confirmed a daily head and shoulders reversal pattern so I am now just waiting for a break back above the neckline - then we would also have bullish market structure again - and then I simply do expect also a daily rally to retest the next resistance at the $130 level. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset: Long02:59by basictradingtv363658
GOOGL price inside the channelOn 4h time frame we can see that the price remains inside the channel. If the price retests the downsloping support , it would be the entry for a long position. The target would be at the downsloping resistance. If the price moves higher and retests the resistance , it would be the entry for a short position. We would target the lower boundary of the channel. 2 possible scenarios are shown on the chartby vf_investment8824
Alphabet - Road Map to a TopAlphabet Inc (GOOG) recently retraced a Fibonacci .382 of the recent impulse wave up - labeled "iii" - boxed. Also note the drop subdivided into a clear Elliott wave (a) - (b) - (c) Zigzag. Daily Stochastic had a bullish lines cross after going into the oversold zone. There's a high probability GOOG could rally next week into the 131.00 to 134.50 area. If this happens it could be the termination point of the rally from GOOG's 2022 bottom. GOOG is a major stock, if it makes a significant top it could also mean the U.S. stock market is making an important peak. by markrivest225
GOOGLE 2023-2024 PROJECTIONGOOGLE is at a critical point of support to continue to the top or to look for support.Longby alexpv731
Possible H&SLooks like a small head and shoulders pattern. I see 2 shoulders with a higher head. Neckline 120 which is support until broken. NO Recommendationby lauralea114
Healthy Pull Back or More Downside? QQQ SPY Big 6 Tech Analysis- QQQ & SPY potential bearish pattern H&S forming - Still a very healthy consolidation pull back at the moment - TSLA 4 hour time frame 12 EMA full bull control guide - NVDA rising wedge pattern is my guide - GOOGL daily downtrend potentially shaping up - AMZN similar to GOOGL cant get out of its chop box zones rejected resistance again today - MSFT starting to pull back enough that if next bounce is shallow might start to shape up more downside - AAPL strongest of them still very shallow pullbacks and healthy at the moment, 12 EMA 2 day time frame absolute full bull controlShort20:00by ArcadiaTrading2
possible google tradeSince late 2021 Google looks to be in a corrective pattern. Looking ahead to a likely Recession it is probable that Wave 2 (white) is not finished and will continue lower in 5 waves once Purple wave B is finished. It is to be noted that Purple wave B might have just finished and if so then the 5 waves down for Purple C is already startedShortby OzMoneyman1
Alphabet - Bullish idea - Swing tradeHi there! Bullish case for Alphabet. The idea would be a swing trade around the $143 area. The weekly chart still seems favorable. Some could see it as a risky trade and it is understandable. However the indicators are showing strength, signs of accumulation and that time has passed and the price hold on to support. Caution (bart pattern) and patiently wait for possible confirmations. Stay well guysLongby MrJohnRosa220
Key Level Chart for $GOOGL | Fibonacci and Pivot PointsThese charts are good for swing traders, position traders and long term investors.by D1Finance3
Google Double SetupBulls see potential failed breakout reset setup. Bears see potential mini head and shoulders top. Its what makes markets. Trade you. NASDAQ:GOOGL NASDAQ:GOOGLongby TaPlot115
GOOG WEEKLY ANALYSIS after rejection of the price at the level of a resistance and the filling of an FVG '' Fare Value Gap'' at the level of this zone we will see a reversal of the price to fill this FVG for the continuation towards suppLy zoneShortby RedaSD0
GOOG Finds Robust Support, Buy for TargetsIn this investment opportunity, Google (GOOG) is currently experiencing a solid support level in the range of 122-121.80. Based on this technical analysis, it is recommended to consider buying the stock with the targets set at 127 and 129. By leveraging the strong support, investors can potentially capitalize on the upward momentum and aim for these specific price levels. As with any investment decision, it is crucial to conduct thorough research and analysis to ensure alignment with personal investment goals and risk tolerance.Longby aceinvestmentadvisory0
GOOG is in an early reversalGOOG with its dominant search engine, YouTube, Maps and other apps besides cloud services is a revenue gisnt. On the daily chart, it has had a respectable 40% YTD . However, I see signs of a reversal. Added to the chart are the anchored VWAP bands beginning from the earnings of November 2022. Price is in the neighborhood of 3 standard deviations from the mean. This is an area where institutional and professional traders like to sell and earn their profits. Several recent candles had wicks beyond that third standard deviation line. The candle stick analysis is that of a " 3 bar play" - in this case, a green candle then a Doji candle suggesting indecision and finally, a red candle documenting the change in direction. The ADX indicator shows the weakening of trend directional strength topping out and then decreasing. The POC line of the long-term volume profile is about the same level as the mean VWAP line. That is to say, there is congruence there and so a very strong buying zone with high volatility Overall I will take a short trade in 20 shares of GOOG with a stop loss at 129 and take a profit of half at 106 ( above the POC line) and the other half at half at 103 ( near VWAP) using a sell- stop order when the price crosses $ 0.25 below market to assure the direction validation. If the trade goes in my direction to the target I expect a R0! of 15- 18% overall. IF you want to know my idea of a good option trade leave a comment. IF you take a short trade on the stock, I wish you the best of luck in your trade. I will adjust stop loss down to the entry price when the stock price goes under 120 to make the trade risk-free and then decrease the stop loss price by 4.50 upon market of 115. When the market goes under 110, I'll change the stop loss to a trailing loss of 2 % and when it goes under 108 change the trailing loss to 1% as alerted by alerts on the price that I have setup to minimize screen time in trade management .Shortby AwesomeAvaniUpdated 335
GOOG OTM CallStrike: $128 Expiry: 09/06/23 The stock had a big run up and is now consolidating at resistance. After such a big move, price is now very far away from the 20 EMA. In the previous downtrend and current uptrend, it is observed that price tends to pullback and bounce of the 20 EMA. Now, price will likely consolidate further and pullback towards the 20EMA before the next leg up. Call is placed at $128 purple line above the resistance zone for safety in case the price makes sudden move up as markets are volatile, the resistance could help contain it for some time. Profits long as price is contained under $128 by expiry. Shortby zongweiUpdated 2
Google vs BingIf you haven`t sold GOOGL here: Or bought it here: Then you should know that the investment by Microsoft in OpenAI signifies a significant boost to their artificial intelligence capabilities. OpenAI's advanced technologies and expertise in AI research and development could potentially enhance the capabilities of Microsoft's Bing search engine. With access to powerful AI algorithms and resources, Bing may be able to offer more personalized and accurate search results, thereby attracting users who seek a more refined search experience. Furthermore, Microsoft has been making strategic moves to expand its presence in various sectors, including cloud computing and enterprise services. By integrating Bing into its ecosystem of products and services, Microsoft can leverage its existing user base and partnerships to promote Bing as a viable alternative to Google. In recent years, Google has faced scrutiny over data privacy concerns and antitrust issues, which could create an opportunity for Bing to gain traction among users seeking more privacy-focused alternatives. Additionally, Microsoft has been actively investing in marketing and advertising efforts to raise awareness about Bing and improve its market positioning. While Google currently holds a dominant position in the search engine market, the landscape is dynamic and subject to change. If Microsoft successfully leverages its partnership with OpenAI to enhance Bing's capabilities, coupled with strategic marketing initiatives, it could potentially chip away at Google's market share over time. If I had to buy some options, that would be the following puts: 2024-1-19 expiration date $105 strike price $3.25 premium Looking forward to read your opinion about it! Shortby TopgOptions224