New Google Pivot New long pivot on NASDAQ:GOOG forming around $127. Watch todays price action for confirmation.
Previous move through the pivot saw Google advance from $110 to $127.
GOOGL trade ideas
Google Go BoomI think we are going to look back on Google and realize that they it above all other globally recognized companies fundamentally changed the trajectory of humanity
Think of them as a technology propagator for small firms who make the real breakthroughs.
LONG LONG LONG GOOGLE
Massive Breakout with Google - Arrival of the Golden CrossA great opportunity to buy Google a free cash flow surplus company that is undervalued. The stock is now ready for a massive breakout with the arrival of the golden cross.
Google - nice short setup is cookingI count GOOGL as start of wave circle C of iv where wave (1) is done and a pb in wave (2) is in action. Wave (2) is shortable from the 100 zone. A=C rule gives us a target of 60 for the whole wave iv correction. Would be a great long opportunity sometime in 2024-25. Longer-term count will be posted separately.
google bearishHi guys look at google we can start shorting on that with our fingertips ....consider dollar cost aweraging and two major level wich we have .
please write your idea .....
Google Update: Chop or DropGoogle has hit past the 1.0 of our A-B move, and also made the OMH I called for in my last post. This count now appears to be complete to me. Could there be OMH? Sure, Absolutely! But IT IS NOT REQUIRED . I remember reading somewhere that "it aint over till the last 5 says so" lol. I'm sure I said it wrong but the point being is if we do make another high it shouldn't be much.
On the graph, I drew a box for what is the normal end target for this A-B move up. We could technically go all the way up to the 1.382 and still be considered "normal". Until "the last 5 says so" we will chop in this box inching higher and higher until....BOOM! The bottom will drop, and you'll be scratching your heads thinking, What just happened?
I could be wrong. I am not a fortune teller. I only post the probabilities according to my analysis. At this juncture though, it appears a decent drop is on the very near horizon, and I don't want to be on the long end of that when it comes. All that being said, there is still all of the stuff going on with the fed and the debt limit. You never know what could become of all this. Just be careful, and above all USE STOPS!!!
Bonam Fortunam,
--Tyler
GOOG with a bullish outlook following its earnings #StocksThe PEAD projected a bullish outlook for GOOG after a positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 71.43%.
Best Value AI PlayAlphabet trades at 20x earnings vs. Microsoft's 29x. Bard is a worthy competitor to ChatGPT and we remind readers that Alphabet continues to be the world's dominant advertising business. Preference is GOOG, MSFT, AMZN in order. Strongly prefer GOOG to MSFT given valuation discount. We see upside for Alphabet at $140 per share and downside at $110. Read more at research.blackbull.com
GOOGLFrom the 0.618 retracement of the 2020/2021 rally to the 0.618 retracement of the 2022 pullback. I think the easy money in this name has been made for now.
GOOGL: Buy ideaOn GOOGL as you see on the chart we have a buy idea because we have the breakout with force the resistance line and the vwap indicator by a big green candle with a large green volume so it's mean that we will have a big probability to have an uptrend.Thanks!
GooGusd are you rdy for buy 🧨👌❤The big company Google has been using the downward trend of gold for days and for now it will have an upward trend for its shareholders.
Dear Americans who are Google shareholders, do not hold your shares until the price of $152.10.
The downward trend of Google will start from the price of $152.10, and for a long time, Google will sink into financial stagnation, and the expected decline for Bill Gates is $69.
These days, Bill Gates will sell Google shares as much as he can and will start buying when Google shares fall.
The Alpha in Alphabet Google
MACD Cross Historic Performance
July 2009 – 6 months – 48%
Sept 2010 – 5 months – 43%
Nov 2011 – 2 months – 19%
Jul 2012 – 3 months – 37%
Sept 2015 – 5 months - 31%
Mar 2017 – 3 months – 21%
Oct 2019 – 4 months – 25%
Apr 2020 – 5 months – 59%
Min return = c.19% over 3 months (least risky)
Max return = c.50% over 5 months
Average Overall = c.35% over 5 months.
Average return of the 8 past MACD crosses above is 35%. We have projected a modest 20% increase 2 to 3 months post MACD cross (Likely July/August bid). That’s IF we get the cross in then. Worth noting we are about 20% away from the ATH of $151. Keep in mind that a MACD cross is a lagging indicator so we try and anticipate the cross scenario.
Given the history of price in this long term parallel channel since Nov 2008, an incredibly idyllic scenario would be a revisit of the bottom of the channel or a revisit of the 50 month smooth moving average(SMA) in purple. If we ever revisited the 50 Month SMA or 200 week SMA I believe this would be a major opportunity, given this has only occurred 4 times in almost 15 years.
GOOGL Update: $100 Next TargetGoogle finally made it up past the 1.0 of this ABC retrace and hit a top of $125.96. It was carried by a boost from the almost $1 Billion in surprise revenue. However, what goes up must come down eventually. If this count is correct, then we have either topped or have only OMH to come before dropping to the $100 area marked by the box labeled i. This drop coming up, I believe will be a ((C)) wave of another a wave. For this reason, i think the next drop will be swift and not give people the chance to react. MACD seems to reflect this line of thinking because price made another high on NEGATIVE DIVERGENCE . This is a HBD indicator that price is about to reverse to the downside.
A-waves of any degree can by slightly unpredictable and usually start out very strong. If this line of thinking is correct on my part, then we should see another low on the MACD indicating a new A wave.
There is a turquoise label (ALT count) on the chart indicating we could still get OMH.
Either way, once we get more price action, I will be able to have more accurate end targets. For now, my primary thought still remains that we are about to head much lower regardless of the path we take to get there.
Bonam Fortunam,
--Tyler
Google: Reversal Incoming?Here we are looking at GOOGL on the Daily TF...
Currently, there is a lot of factors aligning on the GOOGL chart, which is the type of confluence I look for when evaluating trade opportunities. The first factor that I'm looking at is the horizontal resistance line as shown on the chart. This resistance stretches from it another local high made months prior. This should act as strong resistance. The second factor I'm looking at is that there is a time count of 7 consecutive green daily candles, which is something I look to pair with a strong resistance zone (as previously mentioned). The third and final factor that aligns on this chart is a potential topping tail being put it. This hasn't confirmed yet, but there is a strong chance that it will.
I will continue to monitor this chart, and provide timely updates as I see fit!
Cheers
Short-Term Technical Analysis:(GOOGL) for the Next Few Weeks!In this trading idea, we delve into the current state of Google (GOOGL) and explore the indications of an overbought condition. With a careful examination of technical indicators, it becomes apparent that a sell-off may be imminent in the near term. The analysis suggests the possibility of Google entering a range-bound phase or even experiencing a continued downward trend. Traders and investors should pay close attention to key support levels as the stock navigates through the next zone, as they may provide valuable insights for potential entry or exit points
GooglRising wedge here..
Won't go over the overbought nonsense, they are all overbought at this time.
Now just just have to choose a winner with some low IV and bearish pattern..
Closed all the gaps in the 120's, volume has been falling off since breakout run
Target 117
Stop loss 124.50
Choose an Exp that you're comfortable with but I think this move will happen in the next 3 sessions
Long GOOGLong Google for target of 123+ minimum. Gave breakout with good volume. Stop loss last bar low
Google at major decision areaMove and hold above 122 and Google will see ATH again, possibly a new ATH near 180. Remain below 122 and lose the 2nd yellow line below it, and it's headed back down to recent lows and lower.
$GOOGL100SMA will soon cross above the 200SMA. The trend has been lovely last week. GOOGL finally broke out. My biggest LT position, right after cash.
Google golden crossPSA Google just printed a golden cross. Here's a GOOGL 1 day chart (16hr ext) 1 year view, with pi RSI indicator and Fibonacci MAI strategy. I'm posting this as a long that can be invalidated if GOOGL pulls back below it's SMA50/SMA200 for an extended period of time.
Alphabet Cl A (GOOGL) reported Q1 March 2023 earnings of $1.17 per share on revenue of $69.8 billion. The consensus earnings estimate was $1.06 per share on revenue of $68.9 billion. Revenue grew 2.6% on a year-over-year basis.
Alphabet Announces First Quarter 2023 Results
MOUNTAIN VIEW, Calif. – April 25, 2023 – Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended March 31, 2023.
Sundar Pichai, CEO of Alphabet and Google, said: “We are pleased with our business performance in the first quarter, with Search performing well and momentum in Cloud. We introduced important product updates anchored in deep computer science and AI. Our North Star is providing the most helpful answers for our users, and we see huge opportunities ahead, continuing our long track record of innovation.”
Ruth Porat, CFO of Alphabet and Google, said: “Resilience in Search and momentum in Cloud resulted in Q1 consolidated revenues of $69.8 billion, up 3% year over year, or up 6% in constant currency. We remain committed to delivering long-term growth and creating capacity to invest in our most compelling growth areas by re-engineering our cost base.”
(source: Alphabet Inc. earnings release)
Keep it in your watchlistApparently price is forming a interesting bearish flag. I have no position here, earnings coming up on the 25th. Let's wait and see how the market reacts to earning call and then will see what to do.
Relational Technical Analysis of GOOGLProfessional traders controlled this sideways pattern that held higher lows before the break to the upside and gap up above the W bottom completion resistance, which is now strong support. Short-term profit-taking at the resistance overhead is something to prepare for now.
will Google head higher?Has Googles pullback from 150 finished and will it move higher from 108?
Looks like it made a double bottom ish pattern from Sept 22 to Mar 23.
Some good volume buying to back up the breakout/reversal, and any good news e.g. AI, digital revenues etc. will help. Negartive news e.g. Regulation, privacy laws etc. will act as headwinds.
Price is now above the 50 EMA so this could act as support.
