GOOC trade ideas
Will the Google trend forward be a Gemini to the current?CAPITALCOM:GOOG is clearly in a down trend, which started in early July. Lower highs, lower lows, and 21EMA below 50EMA since the cross below in semi-late July. It is currently approaching the upper band of the down channel, and a reaction to the downside could be expected. The MACD is behaving somewhat indecisive and not providing useful guidance, which does not signal a change of trend anytime soon. The volume oscillator is trending down. This all points to price continuing the move down. Target $144, or lower band of channel, which might trigger a push up.
Google - Textbook break and retest!NASDAQ:GOOGL might retest the previous breakout level before continuing the uptrend.
The entire chart of Alphabet (Google) is green, yet I do expect a (short term) move lower first. For almost a decade, Alphabet has been retesting and respecting a major support trendline before then breaking out of the ascending triangle formation just a couple of months ago. I just expect Alphabet to retrace back to the breakout level before then creating new all time highs.
Levels to watch: $150
Keep your long term vision,
Philip - BasicTrading
GOOGL - 2 scenario 2 scenarios
a. if we hold the channel, I go short for 125
b. if we don't hold the channel -> ATH
Google bullishNASDAQ:GOOGL is above all EMA's at a $25 discount to it's ATH's. The March low VWAP and ATH VWAP come to a tight pinch and we are now above both. Great setup but causious since it's October. Would prefer to see a setup like this in the beginning of November.
GOOG (Google) Short Idea**STOCKS VS USD & TREASURY BONDS - Currently Oversold signaling a bearish sentiment.
Supply and Demand Analysis:
>Price already took the daily Supply Zone but the PRICE GAP is not yet filled.
>Price could fill the Gap first before a bearish move filling orders on multiple price gaps below
***As always, trade safe and make sure to do your due diligence when analyzing the charts.***
Alphabet updateGoogle it's still valid for buys,I don't really think it's already left you after this strong pull back,you still have a chance to make some money,find entries in smaller time frames like H1 n H4,I wish you all the best everything is clear do what you have to do.
So BULLISH on GOOGLE ! There is a very important price behavior we need to check. I am almost certain that this behavior is the key to an upward movement on the following weeks.
There are several points to consider in order to determine what Google’s next move will be.
EMA CROSS WITH DIVERGENCE: As we can see above, we have an EMA cross with bearish divergence. When there is wide divergence between the two EMAs, it indicates strong movement with momentum.
Now, as we can see, the EMA cross is repeating again but in a bullish direction, and we are just starting to see divergence between the two, adding to the fact that the price has already broken the bearish channel with great force, followed by an indecisive Stacked Candle Channel.
CHANNEL BREAKOUT AND MOMENTUM: The price, after breaking our channel with great strength and in a bullish direction, showed decisiveness. However, right now, it is trapped in a "Stacked Candle Channel," (SCC) which is an indecisive channel where candles are clustered together and of almost the same size. This can also be seen as a pattern that the price sets before making a decision.
The question is: What decision will it make, bullish or bearish?
EARNINGS REPORT: The earnings report is fundamental for companies to inform investors of any changes in their balance sheet that have been reflected. In this case, Google is a company with one of the strongest and most solid balance sheets on the NYSE. Google’s last two reports were extraordinary, and I have no doubt that Google will deliver a good report on October 22nd. But as the price approaches the report date, many will take positions, and we could conclude that Google will have a bull run until the 22nd. From there, it will depend on the report to make a leap toward the 180-190 range.
Let's see what happens!
Thank you for supporting my analysis, and I send you my best regards.
googleafter completing wave 1. We see that Google is in a corrective phase. We expect Google to move to the sell box between 168 and 178 dollars, a good zone for me to then take partial profit. After that I expect Google to initiate a final wave down to the green box.
Pure speculation I see an interesting zone forming between 127 and 137 dollars, where we can buy for the long term. As that takes shape of our corrective wave (ABC, red lines) we can be more precise. The formation of a double correction (WY) is also never excluded.
Coffee Is Brewing!!!I don't know folks... again, I ain't nothing but a tier below an amateur beginning options player. There is a lot of learning still to do but I'm ready to be transparent with my thoughts and what I see a bit more often. So here with go with a previous fan favorite of Coffee Is Brewing!
Coffee Is Brewing Idea #2
NASDAQ:GOOGL has earnings coming up 10/22 and has had a little bit of price action these past few weeks with a niiiiiiiiiiice Pogo Stick bounce this past Friday and closed above the previous week... all which are bullish signals, to me! Again, from my perspective I've seen Bullish action for the past few weeks. As evidenced by my NASDAQ:GOOGL 165C options exp 10/18 that I picked up at about 1.65 that ran up just shy of 6.00 and the NASDAQ:GOOGL 170C options exp 10/18, that I'm still holding. That's enough about what I had and have in play... let's talk about what I see. That right there folks looks like a cup and handle, which ultimately gets a Coffee Is Brewing tag! The bonus green drawn lines I added, some might consider a Bull Flag is starting to be established. I see another couple weeks of good runs with this AMEX:SPY small fry playa that's part of The Mag 7!
I don't know about what y'all see but if you see something else, please drop a comment. If you like what you see, give ya boy a BOOST, a Follow, or a comment. I appreciate y'all for taking the time to look and we'll talk soon.
Alphabet (GOOGL): Gap Fill and the Future of Wave (2)We remain convinced that Alphabet is currently in Wave (2) after the well-defined end of Wave (1) at $197. Following that, we saw a sharp and fast sell-off, which looks more like a Wave A rather than the full Wave (2). This is further supported by the fact that the sell-off respected the 38.2% Fibonacci retracement level perfectly, a typical level for Wave A.
We still have an open gap above, and we believe this should get filled, especially considering the nature of Wave A. We're expecting Wave B to reach between the 61.8% and 78.6% Fibonacci retracement levels. Right between these two levels lies the gap, making it highly likely that this gap will get filled before we continue the downtrend.
Looking further ahead, if you're asking where we would consider buying shares, there are two potential opportunities. The first is around the 50% Fibonacci retracement level and the Point of Control (POC), and the second is lower in what we call the "Great Buy" zone, between $116 and $100. While this might seem like a significant drop, we saw a similar decline in 2022, so nothing is off the table.
We'll keep monitoring this closely for you.
GOOGL may be ready to rally with the other Magnificent 7.NASDAQ:GOOGL has not performed as well as other Magnificent 7 names, which are currently trading much higher than their August 5th lows. If NASDAQ:QQQ continues to build above its daily 50 SMA, and other technology names in this space continue to move higher, GOOGL may start to move higher as well. GOOGL has held demand at the retest of the previous all-time high and may break out of a falling wedge on the weekly chart.
GOOGL Bullish set-upGOOGL is trading in ascending broadening wedges. Potential entry right now close to the upsloping support. Take profit at around 190 and the final target at 237$.
Stop loss; 145$
Alphabet (GOOG) - Wyckoff Reaccumulation BreakdownIn this idea, I’m analyzing a potential reaccumulation pattern on Alphabet (GOOG) using Wyckoff phases and the behavior of vector candles and volume. Price action, vector candles and volume give us clues about market participants' behavior at each phase.
Let’s break down the phases:
Preliminary Support (PS) occurs after an upward incline, showing the first signs of buyers stepping in to stabilize the price. Volume slightly increases, and bullish vector candles appear, signaling the beginning of accumulation.
Buying Climax (BCLMX) is the temporary high where buying pressure peaks. Volume spikes as large traders sell to retail buyers, and we see both bullish and bearish vector candles, indicating a tug-of-war.
Automatic Rally (AR) follows the BCLMX, marking the lower boundary of the trading range. Volume decreases as sellers lose strength, and bearish vector candles appear with less conviction.
Sign of Strength (SOS) is the breakout above the AR, confirming the dominance of buyers. Volume increases significantly, and large bullish vector candles signal strong demand.
Secondary Test (ST) is a pullback that retests support, with volume dropping off. Small, weak vector candles confirm the absence of aggressive selling, showing that buyers are still in control.
Spring is a shakeout that dips below support to trap sellers before reversing. Volume remains low, and any bearish vector candles lack follow-through, confirming it as a fake-out.
Test confirms the Spring with a low-volume retest of support. The lack of activity and small candles indicate the market is ready to resume its upward move.
Key Things to Look for in Reaccumulation:
-Declining sell volume on down moves, indicating weakening supply and a lack of aggressive sellers.
-Bullish vector candles with increasing volume during up moves, confirming demand and strength.
-Low-volume pullbacks (ST, Spring, and Test) with narrow candles, showing that sellers are being absorbed and buyers are in control.
-High-volume breakouts (like SOS) with wide bullish vector candles, signaling the potential for the markup phase.
-Sell volume spikes at resistance with no follow-through, indicating failed attempts to push the price lower, often followed by bullish moves and stronger uptrends.
GOOGL – Key Trading Points: SMA 150, Stop Loss, and Buy Opportun
This chart for Alphabet Inc. (GOOGL) displays key levels and indicators, including the 150-day Simple Moving Average (SMA), along with stop-loss checks and start-follow signals. Recent stop-loss alerts are triggered near the price of 160.8, with a buy option recommended at 164.88. The 150 SMA is currently at 163.25, signaling a potential price zone for trend following. Keep an eye on these levels to manage risk and identify possible entry points in line with the highlighted signals.
Google - Looking For Sell Triggers Around 171This video provides an overview of the things that I am watching for Google right now.
-We need to monitor the quarterly, monthly & weekly divergences that are currently setup, but not yet confirmed. These are not actionable right now, but they definitely need our attention. If confirmed, they imply some very significant moves in this market.
-We can see that the Monthly is still bullish, and we had a monthly MAC entry confirm on the Daily on September 13th. This trade still has not hit its targets, with the first being 169.69 (what a great number). The second target being 180. I would not be surprised to see Google trade up to 169.69 sometime soon.
-The Weekly chart is confirmed bearish for the MAC strategy. What this means is that any rallies into the weekly MAC high are opportunities to sell on the H6 chart. I'll be looking for sell triggers if price trades into the 171 level (Weekly MAC high).
-Threw in some cycles, for fun.
Have a great week.
$META $TSLA $PLTR $GOOGL $RCL - option watchlistOPTIONS WATCHLIST 9/22/24
NASDAQ:META - Stock is breaking out as expected after $545 level broke. Looking for more upside as long as $560 holds for a move towards $575 and $600. Stock is strong on indicator level
NASDAQ:TSLA - Stock still holding below trendline resistance and has a gap to fill to $246.18. Calls above $240 for a move towards gap fill and top of trendline. Puts if fails to hold $235. Stock is still strong on indicator level.
NYSE:PLTR - Stock seeing decent call flow coming in. Stock is in steady uptrend with that big volume candle on friday. Next resistance at $40. Looking for calls above $37.35.
NASDAQ:GOOGL - Stock breaking out of trend channel and has a small gap to fill to the upside from $168.60 to $170. Looking for calls as long as the stock holds $163.50. Stock is strong on indicator level.
NYSE:RCL - stock is breaking another all time highs on friday. Company recently Commenced Private Offering Of SEED_TVCODER77_ETHBTCDATA:1B Of Senior Unsecured Notes Due 2031. Calls above $175 for price target of $180 an $185
GOOGLE THis is what i call SOLID DESICION !! Finally, Google breaks the bearish channel! And we are still at an excellent buying price!
If you're in for the long term with Google:
This is what we call a SOLID DECISION! Despite the recent bad news Google has faced, like lawsuits and other security issues, fundamentally, Google has always shown strength: 0 debt, solid sales and earnings, and, best of all, it’s an innovative company. With an intrinsic value of $180 per share, it’s definitely a long-term buy.
My advice always: forget the news; the numbers speak for themselves! One of the most solid financial statements in the market at a great price.
Now, let's move on to the technical analysis of Google:
Finally, Google breaks the bearish channel with great strength, after respecting our inflection zone (blue zone). As you can see, the price has respected this zone significantly. I’ve been analyzing Google and its rebounds in this zone for months, and we've been forecasting each movement based on the buyer pressure volume when touching this critical area.
In this case, I’ve drawn a vertical line, indicating we're getting closer to Google’s next earnings report. In my opinion, the price will pull back around the $187-$168 range before continuing its bullish trend.
Remember, as Google’s earnings report approaches, we’ll likely see a significant price increase.
Key point: This earnings report will be crucial for Google to move closer to $191, obviously if the report is favorable, but let’s not get ahead of ourselves. First, we want it to pass the point of interest around $168.
Let’s see what Google has in store for us this week...
Thank you very much for supporting my analysis!
GOOG - 1W - Start of Bullish MomentumAlthough Alphabet (GOOG) has underperformed the S&P 500 this year, momentum may be shifting.
The stock recently broke out from a substantial rounding bottom and has now formed a falling wedge near its 50-week EMA support.
Additionally, it has bounced precisely off support around the $150 level. With hidden bullish divergence emerging, the technical indicators suggest that a move higher could be imminent.
Goog at the 200 MA on the daily w/.618 retracement Goog is at the 200 MA on the daily w/.618 retracement.
Market cycles says the best time to take long term positions is September so let's goooooooo
Target is 175
Seasonality and Earnings in 30 Days or Less.Depending on earnings being rescheduled or changed from its estimated date. The movement from July 1st till earnings in late July should be watched closely.
My three scenario's are the following I drew but in my opinion we need to see a healthy draw down to my zone in pink for a rally. Worst case scenario is a blow off top this summer, if you want a long term bull run, its time for big cap tech to chill out for a little lol.
Weekly Chart Analysis of Google - 22/09/2024Google gives a strong bullish signal on the weekly chart. I believe the pullback in the uptrend has ended, and prices will continue to skyrocket.
We are seeing a strong area of confluence. Prices have touched the Fibonacci 0.618 golden ratio, which aligns with the 50 EMA and SMA. Additionally, there is a strong demand level and the bullish momentum is confirmed by a candle close. This is an excellent time to ride the wave.
