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Google (Alphabet)

GOOG ... We still early on this Triangle!I believe GOOG is a highly interesting setup to the upside at the moment... The pullback seen in FAANGS since the NASDAQ100 made its ATH in Mid-February has barely tickled this stock... This means the bulls are pushing it and momentum to the upside is perhaps much stronger than that of its peers... Moving on to business... Elliot Wave Analysis is my specialty... I go as deep and detailed as one can go in my wave analysis... Wedges / Triangles (you name it) are my signature setups... GOOG is carving out a very convincing Triangle that is just starting to break to the upside. STOPS should be placed @2043… If the market breaks this level, my analysis becomes invalid… I will not go into detail as to why at the moment… I’d rather go deep in regards to the target price. In regards to the TARGET, several things need to be pointed out… The NASDAQ100 and therefore, the FAANGS, are a bit risky to be traded to the upside at the moment… The market has been completely spooked by rising yields, which have specifically damaged the FAANGS in the investor’s community… Furthermore; there are certain times where bullish Triangles generate a very impulsive move to the upside, only to be followed by a sharp decline… One needs to remain humble on this trade… Other details could be mentioned, but it should be enough for now, so I’ll go ahead and specify the TARGET recommendation: 2320 should be the first target in upcoming days/weeks… 2400 could be reached and lastly I can see the market reaching as far as 2500… This are all Fib projections… For me personally, even 2320 is way too greedy, given the trading environment we are in… After breaking the 2153 level towards ATH, anything is possible… Perhaps booking profits early in the game, around 2200 and then trailing the stop could be the best way to go… Hope it helps and you have a solid trading.
NASDAQ:GOOGLong
by jcanessa
I was BANNED on social media...The stock NASDAQ:GOOG is relevant to this video because they terminated my channel with very little reason. No warnings, strikes, or any further explanation. My heart is in my stomach and I just wanted to share my thoughts today. I won't stop making content to help people become better traders. This is just a setback in my goal to reach people with actually useful trading ideas. Thank you to all of my viewers on Tradingview for your good vibes sent my way. It keeps me motivated to know that folks appreciate what I am trying to do!
NASDAQ:GOOG
by norok
54
A Closer Look at the 6 Giant Tech..! CORRECTION phase!I believe when you compare the charts together it will help you to have a better idea of market sentiment. In this analysis, I put the 6 Giant tech companies which have the highest market cap together, so my followers could have a better and more clear understanding of the new sentiment in the stock market. It is crystal clear after March 2020 we had experienced an incredible market, but since Feb 2021 it seems the market entered a CORRECTION phase and it is obvious in the charts. 1- Apple: closed below: 50 EMA, closing price of 2020, and more than 10% away from its top. LOWER HIGH-LOWER LOW pattern 2- Microsoft & Alphabet: in Trendlesss Zone in the last 2 trading weeks 3- Amazon: closed below 2020 closing price, lower high pattern, and bearish ladder candle. 4- Tesla: after breaking a trendless zone from the downside experiencing lower trading volume every day. Jan 8, 2021 trading volume 75 million decreased to 18 million in the last trading day. 5- Facebook: closed below 2020 closing price, and below its 50 EMA. * Interestingly, financial metrics in most of them improved in their last report. ** This doesn't mean we will not experience 1-3 day positive moves, be careful with options trading! *** This analysis could be a roadmap for short-time traders, and the story could be different for long-term investors. Please leave your comments below if you think you have evidence contradicting this article. Moshkelgosha
NASDAQ:TSLA
by Moshkelgosha
13
The Tesla Bubble and why P/E Ratio's MatterTesla is high by any standard value or technical view. Here I use the PE ratio as compared to TSLA, AMZN, AAPL and GOOGL and a super stock I am going to call "Amagoogle" to demonstrate just how overdone I think Tesla is. To summarize, I will show: How relative P/E (Price to Earnings Ratio) compare. Growth stocks typically have very high PE ratio's , mature industries like utilities and consumer staples tend to be on the lower side. For a benchmark, the S&P 500 PE right now is 37.97 with it's all time high spike at 123.73 and it's low at 5.31. The average is 15.88. Telsa's is currently 1,637 ! www.multpl.com If Tesla had Alphabet's earnings but maintained it's current PE, it would have to trade at $84,708 PER SHARE If Tesla had Apple's very high PE, it would be trading at $45.50 per share. If Telsa had a double whammy of Alphabet's great EPS AND Apple's arguably very high PE, Tesla would be at $4,709 per share - but that would mean a growth in earnings of 103.58 TIMES. Book recommendation to help avoid these scenario's: read.amazon.ca Happy Trading! Rob
NASDAQ:TSLA
by rbarnesy
4