GOOG SELL++++ $161.71 first targetSELL signal printing all SPY and Nasdaq bubble stocks getting hit. .618 is $161.71 first target
GOOG trade ideas
Googl breakdown possible184.50 below breakdown possible
need to sustain below ema & trendline for strong fall
expected to test this level 183.70/181.50/178 soon
#googl
GOOGL FakeoutGOOGL had an ascending channel that was broken to the upside recently, but it quickly failed and broke back below the trendline. I see fakeouts like this as very bearish, but I'll need to see some more confirmation first considering how bullish this stock has been.
I expect it to come back to the bottom end of the ascending channel at a minimum. If it breaks below that, we have a longer term trendline below that may provide a bounce as well. Things would get really bad if it broke below that, potentially all the way back to $150 and then we can see what happens from there.
If the uptrend and dip buying continues, I'd waiting to see what happens on a test of ATH.
GOOGLE Top of the Channel makes pull-back likely. Buy the dip.Alphabet Inc. (GOOG) has been trading within a Channel Up since the November 03 2022 market bottom and on our last analysis (April 16, see chart below), it gave us an excellent buy entry, hitting eventually our 175.00 Target:
Right now the price is more than half-way on the new Bullish Leg but has come very close to the Channel's top (Higher Highs trend-line). Based on the June 07 2023 Top and the previous major Bullish Leg, we might get a pull-back towards the 1D MA50 (blue trend-line), before going for the final Higher High.
As as result, we are now willing to buy only after a 1D MA50 contact and Target $210.00, which will represent a +37.60% rise from the recent Higher Low, similar to the Bullish Leg of 2023.
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Regression channel showing upside for Google to $215.51Regression Channel is more for Trend traders and it's looking great.
The price continues to move on the uptrend and as long as it does this, it will continue.
Nature: High Probability
Price>20
Price>200
Target $215.51
Alphabet's Bullish Breakout: A Signal for InvestorsIn a recent surge, Alphabet (NASDAQ) displayed a large green candle breaking past previous resistance, indicating a strong upward momentum. This candle pattern, observed amidst higher trading volumes, suggests a robust buyer interest that could drive further gains in Google stocks. This trend underscores a potentially lucrative phase for investors watching the tech giant.
Alphabet (GOOGL) - Edition #1Macro Outlook: 🚀 Bullish/ Neutral
- Two monthly bullish trend are active. The first one expires on Sep and the second one expires June, 2025.
- First and second target is at around $205 and $270.
- Ideal long entries should be at around $160 - $140.
- Trade invalidation upon a break below $125.
Alphabet Inc (GOOGL) could be a very good short candidate now.Technical Analysis of Alphabet Inc. Class A (ticker at Nasdaq: GOOGL)
Now and then, yes, you can be tempted to believe that things can grow into the sky, but when it comes to shares (perhaps especially when it comes to shares) they very rarely do, or rather they never do.
So what now about Google, or Alphabet Inc. as they are now called (ticker on Nasdaq: GOOGL), yes this stock might grow into the sky now?
Hardly, in that case it will be the first time in history that a share grows into the sky, and every upward trend sooner or later ends, whether we are talking about short-term or long-term upward trends, they all have an end.
Now the end may have come for this time and for this upward trend as far as Google, or Alphabet A (ticker on Nasdaq: GOOGL) is concerned.
The share is now all the way up to the resistance level at the upper trend line in an uptrend, and has tested this resistance several times recently, without managing to break above it.
As we know, there are always new corrections and new tests of support levels, and for example down towards the very important 200 day moving average.
Another such correction down to test the 200-day moving average support and lower trendline in the uptrend now seems likely based on technical analysis of Alphabet Inc (GOOGL).
History has a tendency, as we know, to repeat itself, and we do not have to go back further than a couple of years (cf. chart) and we see that even the Alphabet share does not grow forever and ever and into the sky.
There are occasional corrections there too, believe it or not, but even one of the world's largest companies does not grow straight into the sky.
The overall technical picture for Alphabet Inc. (ticker on Nasdaq: GOOGL) indicates that we can now face a correction down towards around USD 155.00 - 160.00 within the next 1-3 months.
In any case, nobody should be very surprised if that were to happen, and based on what the technical picture for GOOGL now signals about the further development of the stock in the short term.
GOOGL can thus be a good short candidate at the current price level, and with a price target for a short position in GOOGL around USD 160.00.
The share price for GOOGL is at the time of writing here at USD 190.26.
GOOG Stock Sets Historic RecordGOOG Stock Sets Historic Record
As the chart shows, the GOOG stock price yesterday surpassed the June 27th high and set a historic record at $185.88.
What contributed to this?
→ Overall bullish sentiment in the US stock market. Incidentally, the S&P 500 index (US SPX 500 mini on FXOpen) also set a historic record yesterday;
→ Positive market expectations ahead of the second-quarter earnings report from Alphabet (Google's parent company);
→ Benzinga reports positive prospects, particularly highlighting the development of YouTube and language models.
Out of 38 analysts surveyed by TipRanks, 32 recommend buying Google stock. The average price forecast is $199 in 12 months.
But why then is Alphabet CEO Sundar Pichai selling over $4 million worth of company shares? According to the Form 4 filed with the SEC, Sundar sold a total of 22,500 shares.
Today's technical analysis of the GOOG chart shows that:
→ The price is moving in an uptrend (shown in blue), which began in 2023.
→ The price, with a bullish gap, "burst" into the upper half of the channel, then tested the median (indicated by an arrow) and entered a steeper uptrend, shown by the green lines.
If the bullish trend continues, the price may find resistance at the upper boundary of the blue channel on its way to the psychological level of $200.
Current sentiments could be influenced by the second-quarter earnings report (scheduled for release on June 23rd). If the report is disappointing, the GOOG price may fall to the median – which could provide another clue as to why the company's head sold shares.
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Alphabet - It is just a textbook company!NASDAQ:GOOGL has been one of the best performing stocks over the previous decade.
The most profitable stocks are the ones which trade under the radar. And Alphabet (Google) is definitely one of these stocks which is simply trending higher, providing textbook trading opportunities and not a "hype" stock. Slow and steady wins the race, but you have to be careful that you don't miss your chances. After a retest of the breakout level, you can enter a long trade.
Levels to watch: $150
Keep your long term vision,
Philip - BasicTrading
Elliott Wave Looking for Alphabet (GOOGL) to Extend impulse RallShort Term Elliott Wave in GOOGL suggests the bullish impulse sequence in progress & expect to remain supported in 3, 7 or 11 swings in pullback to resume rally within the sequence from October-2022 low. It favors upside in (3) of ((5)) in 4-hour sequence against 173.63 low from 6.14.2024 low & expect one more push higher in 5, while proposed ended 4 at 181.30 low. Within (3) sequence, it should break above 186.78 high to confirm the upside to be 5 to finish (3) of ((5)). In 4-hour, it ended (1) at 180.41 high & (2) at 173.63 low in the sequence started from 5.01.2024 low.
Up from (2) low, it placed 1 of (3) at 178.36 high & 2 pullback at 174.10 low as dip pullback. Above there, it ended 3 at 186.78 high as extended move & proposed ended 4 at 181.30 low as 3 swing correction. Within 3, it placed ((i)) at 177.29 high, ((ii)) at 174.99 low, ((iii)) at 184.80 high, ((iv)) at 182.25 low & finally ended ((v)) at 186.78 high as 3 of (3). Short term, as long as it stays above 181.30 low, it should resume higher in 5 towards 188.08 – 190.19 area, which confirms above 186.78 high. Alternatively, if it breaks below 181.30 low, it can do double correction in (4) and should correct against 6.14.2024 low before resume rally as (5) of ((5)). In
GOOG I would NOT own going forward We are going to see a major swift and TECH in my work will RHYME with WRECK TRUMP DOJ will move to see a breakup of Big tech in the first 90 days Twitter files was just the start !!!
Googl Swing Tomorrow 7/1/2024Google (GOOGL) on a 15-minute timeframe, let's analyze the technical indicators and patterns to forecast potential price movements and swing trading opportunities for tomorrow.
Key Observations:
Volume Profile:
VAH (Value Area High): Around 186.61
POC (Point of Control): Around 182.59
VAL (Value Area Low): Around 181.96
Support and Resistance Levels:
Support Levels: 181.96 (VAL) and 182.59 (POC)
Resistance Levels: 182.81, 186.61 (VAH), and 186.62 (previous high)
Trendlines:
A descending trendline indicates a short-term bearish trend.
MACD Indicator:
The MACD is below the signal line, indicating a bearish momentum. However, there might be a potential crossover, suggesting a possible reversal or a bullish divergence.
Analysis and Trading Strategy:
Bearish Scenario:
If the price continues to trade below the POC (182.59) and fails to break above the descending trendline, we might see further downside movement.
Entry: Consider shorting if the price falls below 181.96 (VAL).
Target: The next support level around 180.00, or based on a significant bearish momentum.
Stop-Loss: Place a stop-loss above the POC (182.59) or the descending trendline to protect against a sudden reversal.
Bullish Scenario:
If the price breaks above the descending trendline and sustains above the POC (182.59), it may indicate a potential reversal.
Entry: Consider buying if the price moves above 182.59 and confirms the breakout with volume.
Target: The first target would be around 186.61 (VAH) and then 186.62 (previous high).
Stop-Loss: Place a stop-loss below the POC (182.59) or the descending trendline to manage risk in case of a false breakout.
Range-Bound Scenario:
If the price remains between the support (181.96) and resistance (186.61) levels without a clear breakout, it might continue to trade in a range.
Entry: Consider buying near the support (181.96) and selling near the resistance (186.61).
Target: The opposite boundary of the range (186.61 for buying and 181.96 for selling).
Stop-Loss: Place a tight stop-loss just below the support or above the resistance to protect against a breakout.
Summary:
Key Levels to Watch: 181.96 (Support), 182.59 (POC), 186.61 (Resistance)
Trading Plan:
Short below 181.96 with targets around 180.00.
Long above 182.59 with targets around 186.61 and 186.62.
Range-bound trading between 181.96 and 186.61.
Ensure to monitor the price action closely, especially around the key levels, and adjust your strategy based on real-time market conditions.
GOOGL / Google (Alphabet Inc) - Idea Ihey guys…
Yearly: Bullish Engulfing
-> 165 178 and 186 as well as 200 are important zones to watch.
Quarterly:
Very Bullish Candle
-> Expecting a bit of Profit taking here to give a chance to reload.
-> invalid above 186
-> Stochastic is OB
Monthly: Only a little bit of bullish gains compared to previous candles.
-> Stochastic is Overbought and showing signs of making a lower high.
-> Trend is bullish but we could see some profit taking soon.
186 line is a strong resistance, strong support at 173 - 178 , 165-170
3D Ascending triangle formation,
-> Stochastic OB since March
-> Neutral market until a break of the structure.
thanks for reading
"Profit target""Don't forget to follow Google's stock, which has a target price as anticipated."
"Investors should understand the nature of the product, return conditions, and risks before making investment decisions."
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This is not an ideal entry point.Some people are looking for cup-and-handle patterns as daily charts. They are not wrong. But they often overlook the duration of the pattern. In short, less than three weeks is too short. These patterns often come back down easily even if they break out like today.
If anyone asks me if this is the ideal time to enter, I will say no.
But I'm not pessimistic about Google.
Google is a good stock, and I think the stock will eventually go up. At least while the market is bullish.
So if you're a long-term investor looking into the distant future, there's probably no problem. Regardless of when you entry.
But if you're an investor looking for higher returns over the medium term using the chart, you probably have a better option.
Bullish Base Breakout Google is setting up a nice base and looks ready to for its second attempt at a breakout.
Notice a few days ago it attempted to breakout of the same base we are buying at but it was rejected. You can wait for the price to break that high $182.25 instead of $180.25 if you want it to be an all time high breakout.
Buy to open at = $180.25
1st Profit Target = $189
Stop Loss = 174.25
GOOGL Short IdeaGOOGL was one of the top performing members of the Mag 7 today, so it may not be the best one to short, it's been strong all year really. However, I like this setup and I'm bearish on NQ for now. I'd expect GOOGL to fail here, especially if NQ remains below 20k. If we get a move back above 20k for NQ, I'd expect GOOGL to breakout and would look for longs on a retest.
Tesla's Robotaxi Event: Alphabet's Waymo Could Be the Real WinneTesla's upcoming Robotaxi event on Aug. 8 has the potential to spotlight Alphabet's Waymo division. While Tesla garners attention for its self-driving car ambitions, Alphabet's Waymo already operates autonomous taxis across the U.S. Analysts suggest that renewed interest in Waymo could significantly boost Alphabet's stock. The autonomous vehicle market is vast, with potential revenue in the billions. As both companies vie for a share, Wall Street sees self-driving cars as a trillion-dollar opportunity.
GOOG IS BEARISH AB=CD PATTERN SHORT TERM! GOOG is in a bearish AB=CD pattern short term (1h). Looking to take profits around the green and gold boxes. Let's get it! 🤘🏻🚀🤑
Big Tech is nearly at All time High's. Just 3% away!It has doubled since the peak Recession fears of 2021
#BTC has also more than doubled
#SOL has 4 or 5 X'd
This chart is combined price chart of
#Googl
#Appl
#MSFT
#Amzn
#NVDA
#NFLX
#META
U can see the two head and shoulder tops in 2021
and also the inverse head and shoulders in 2022
The clean break and run.
And also the Bull Pennant which has already bullishly triggered 3 weeks ago.
From these levels if that Bull pennant target is to be met (log scale)
It seems this basket has another 30% move left in it.
