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GOOGL

Alphabet - Earnings report sends shockwaves through the marketYesterday, Alphabet sent shockwaves through the stock market after the close when it published its earnings report for the third quarter. The revenue was up 6% from the year earlier, and earnings per share stood at 1.06 USD, missing analysts' estimates. This earnings report is yet another line to confirm our thesis about the market progressing into the second stage of the bear market, with companies warning about the slowdown and failing to deliver expectations. We expect this trend to continue during the next earning season and slowly lead the market into the third phase of the bear market. The same view is supported by the fact that the FED is about to increase interest rates next week and further tighten economic conditions, making a primary trend reversal very unlikely. Therefore, we believe the reality will soon creep back into the market, and those who were buying the dip in hopes of catching a bottom will fulfill our prophecy once they sell those shares back to the market. As a result, we expect Alphabet to continue lower with the rest of the stock market. Illustration 1.01 Illustration 1.01 displays the daily chart of the Alphabet stock. The yellow arrow points to the price retracement toward the 50-day SMA, representing a strong correction; the same retracement can be observed on the daily chart of Apple, Microsoft, General Motors, etc. Technical analysis - daily time frame RSI, MACD, and Stochastic are all bullish. DM+ and DM- are also bullish. Overall, the daily time frame is bullish; however, the data does not reflect the drop after earnings. Therefore, we expect the daily time frame to turn bearish today. Illustration 1.02 Illustration 1.02 shows simple support and resistance levels for Alphabet stock on the daily graph. Technical analysis - weekly time frame RSI, MACD, and Stochastic are slightly bullish. DM+ and DM- are bearish. Overall, the weekly time frame is bearish. Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
NASDAQ:GOOGLShort
by Tradersweekly
16
🟢 What do you think about GOOGLE?🏈Hello everyone,🙋🏾 🗣Here again Rom with a symbol GOOG Google collects data about how we use its apps, devices, and services.👀 This ranges from your browsing habits, YouTube and Gmail activity, Google searches, online purchases, location history, etc. Anything connected to Google is mainly used to collect data on your online activity and preferences. And What do I think about that? 🗣 I'm fine with that 💁🏿‍♂️ I use "Google" services every day. for the last 10 YEARS maybe more and the truth is that it is very convenient for me and helps me on a daily basis. Google has 75% of the internet search market and 85% of the mobile search market. Additionally, search on the internet continues to grow as it becomes a more integral part of people's daily lives globally. The company's massive profit driver is the main ingredient in making Google a safe investment. There are two ticker symbols for Google on the NASDAQ Google’s A shares GOOGL-------shareholders get votes.✋🏼 🤚🏼🙋🏽 Google's C shares GOOG-------- shareholders get no votes.🙅🏽 🙅🏽‍♂️ Trade idea 📣 Swing trade with 3 points of profit collection. #1 - Target Price = $109.37 #2 - Target Price = $115.05 #3 - Target Price = $120.23 #4 - TO THE MOON 🌚 ⚠️🚧Warning - "Google" is before reporting predictions and can be very volatile🚧⚠️ For More, follow me, express your opinion, and share with me.💃🏿 don't forget like👍 ⚠️__🚧___🚧___🚧__🚧___🚧__🚧_🚧__🚧__🚧__🚧__🚧_🚧__🚧__🚧_🚧__🚧_⚠️ There is no recommendation for buying or selling or any action in the stock, I am not an investment advisor and publish this article as a hobby only. Everyone has to perform risk management on their own or contact an investment advisor with a license, I don't have one. Investing in the stock market involves risking your money!⛔️ have fun💃🏿
NASDAQ:GOOGLong
by ROMLUCK
Elliott Wave View: Alphabet (GOOGL) Likely See Further DownsideShort term Elliott Wave view on Alphabet (ticker: GOOGL) suggests the decline from 8.16.2022 peak is unfolding as a 5 waves impulse structure. Down from 8.16.2022 peak, wave ((1)) ended at 105.78 and rally in wave ((2)) ended at 111.62. Stock resumed lower in wave ((3)) towards 95.56 and rally in wave ((4)) ended at 102.93. Internal of wave ((4)) unfolded as an expanded flat Elliott Wave structure. Up from wave ((3)), wave (A) ended at 100.7, wave (B) ended at 95.12, and wave (C) ended at 102.93. This completed wave ((4)) as the 30 minutes chart below shows. Wave ((5)) lower is in progress as a 5 waves impulse in lesser degree. The stock still needs to break below the previous low at 95.12 to rule out a double correction. Down from wave ((4)), wave 1 ended at 100.84, and rally in wave 2 ended at 102.67. Stock resumes lower in wave 3 towards 97.80, and rally in wave 4 ended at 99.27. Wave 5 lower ended at 97.01 which completed wave (1). Wave (2) rally ended at 99.25 as an expanded flat. Near term, as far as pivot at 102.93 high stays intact, expect the stock to extend lower.
NASDAQ:GOOGLShort
by Elliottwave-Forecast
Likely Bullish next wave - Google (GOOG OR GOOGL) Likely!IMO GOOG started dropping and formed a bearish flag. Flag was broken downwards, but instead it started moving upwards. If bear flag pattern have truly applied, then it should have started dropping at this point towards 84 to 83 level. But it didn't. So IMO flag was already broken and it transition to Megaphone pattern. And this would make sense with strong down drop. Hence I am thinking there would be strong bullish move upwards. And later after small drop on wave 5, stock will break Megaphone and move upwards. Any thoughts? Or time will tell.
NASDAQ:GOOG
by coew
1
Alphabet heading to support? Alphabet Short Term We look to Buy at 106.02 (stop at 102.75) Preferred trade is to buy on dips. Trading within the Channel formation. Previous support located at 106.00. There is ample scope for a move higher from this important support. Our profit targets will be 113.59 and 118.25 Resistance: 119.00 / 125.00 / 142.00 Support: 108.00 / 106.00 / 100.00 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
NASDAQ:GOOGLLong
by Saxo