GOOGL
TESLA above support, price to rise TESLA
price is above support, if price continues to hold above the support I expect the price to move higher towards next resistance.
Push LIKE & SUPPORT the Idea...
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Alphabet Overbought on Hourly AHead of QuarterliesGoogle is in the bullish area on the daily chart on the left. The hourly EMAs and stochastic are in bullish mode and potentially align short-term traders with the daily. The stochastic is above 80 level and maintenance here (blue arrow) increases the chance of a successful trade. However, the RSI is overbought (blue shaded area) and a pullback may give a better risk-adjusted entry, as the oscillator normalises. Trend following indicators may be useful in this case as a potential exit tool. Stop under hourly support in conjunction with risk management techniques. Revenue is expected to be $55.95bn ($38.3 bn) and EPS is forecast at $19.19 ($10.13).
Google Inc.Monday, 26 July 2021
18:44 PM (WIB)
KEY INFORMATION:
Name: Alphabet Inc.
Ticker: GOOG.L
Exchange: Nasdaq's
Founded: 1998
Industry: Interactive Media and Services
Sector: Media
Market Cap: US$1.814t
Below Fair Value: GOOG.L ($2660.3) is trading below our estimate of fair value ($4023.38)
BUSINESS PROFILE:
Alphabet Inc. provides online advertising services in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. The company offers performance and brand advertising services. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, such as ads, Android, Chrome, hardware, Google Maps, Google Play, Search, and YouTube, as well as technical infrastructure; and digital content. The Google Cloud segment offers infrastructure and data analytics platforms, collaboration tools, and other services for enterprise customers. The Other Bets segment sells internet and TV services, as well as licensing and research and development services. The company was founded in 1998 and is headquartered in Mountain View, California.
TOP SHAREHOLDERS:
6.61% | The Vanguard Group, Inc.
5.97% | BlackRock, Inc.
5.94% | Lawrence Page
5.69% | Sergey Brim
3.26% | State Street Global Advisors, Inc.
3.08% | T. Rowe Price Group, Inc.
3.01% | FMR LLC
2.67% | Capital Research and Management Company
1.41% | Geode Capital Management, LLC
1.13% | Northern Trust Global Investments
1.06% | Wellington Management Group LLP
googl elliott wave analysis (4h)googl has reached its w3 algo target on the move which had begun last september.
there is always a chance that this w3 could see an expansion, but as of right now without a proper catalyst i think the probability of that is very low.
my downside projection for the w4 algo target sits between 2386~2237
the higher number would go into august,
the lower number would go into september, depending on what the market wants to do.
PINS - Momentum in social media sectorAlright traders, PINS reports earnings thursday 7/29. I really like the PINS setup because the RSI has more room to run on the daily and weekly charts. SNAP and TWTR both recorded good ER's, FB reports on wednesday. More time was spent on social media apps, due to Corona virus...pretty simple.
Options flow - There are over 6000 $85 calls sitting in OI, put/call ratio is at .86. There is alot more open interest in the August ATM calls.
The short interest is only 3.9%, finviz.com
*There is an FOMC decision on wednesday, so that may impact markets. Play the earnings run up and sell before earnings. GL!
$GOOGL continuing bull run through end of year?*Before reading the information in this please understand the risks associated with both the stock market and investing as a whole. ALWAYS do your own research; invest with conviction, rather than emotion.*
*Please understand I am in no way a professional and offering investment advice, all ideas shared are simply opinion.*
*I work with a team of individuals that does research into potentially undervalued publicly traded companies. We use a mix of fundamental and trend analysis to formulate a trading plan for our securities.*
Google ($GOOGL) is a company I will *probably* be holding for at least the next five years. This global technology powerhouse has been on a rampage this year, going up nearly $1000 in share price since the beginning of 2021, when the company still held a mighty impressive $1600 share price. They currently appear to have two bullish trends active, one long term starting in March of 2020, as well as a bullish trend started in January of this year.
Google is a global phenomenon, touching every country in the world; that in itself is a powerful intangible asset. This paired with their ability to smash estimated earnings on a quarterly basis, Google is the benchmark for success in the industries they touch.
If entry is secured in this price range, someone could see Google run close to 25% by the end of the year. Our price points are as follows:
ENTRY: $2520
STOP LOSS: $2300
TAKE PROFIT 1: $2800
TAKE PROFIT 2: $3100
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