GOOGL
US Stock In Play: $GOOGL (Alphabet Inc)$GOOGL successfully attained its projected $2,350 target that was previously highlighted early this month, closing at $2,415 post market hours. This equates to an accumulated return of +14.44% in 19 trading days, since the breakout of its consolidated triangle chart pattern.
With existing implied volatility of $GOOGL remains below the $70/day ATR prior to the triangle formation, it is plausible for further momentous price volatility in the stock as we enter into the month of May.
$GOOGL 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.
US Stock In Play: $GOOGL (Alphabet Inc)$GOOGL broke out of its trendline resistance this week, with an accumulated gain of +8.03% in 3 days. The breakout of $GOOGL comes after a full month of whipsaw that is witnessed on its 20DMA, along with a congested price action that is displayed within a Symmetrical Triangle chart pattern.
$GOOGL currently closed at $2239.03, with a display of a bullish flag formation targeting towards $2,350 level.
$GOOGL 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 stairway to profits. All reopening roads lead through GOOGLFrom the the whole year of 2020 Google didn't really keep up with its peers(even though 26% is awesome in my book)
I think we have a pretty good break out here, we have well defined support lines if it turns out to be a soft break out. I got into some calls expiring May 21, the position is already up 29%, gonna sell half at 33% and the rest I'm gonna let run. Feels like a lot of momentum on this name. The position has moved very fast, beware only invest what you don't need right back, get a number in mind and stop out. Always feels good taking profits, still trying to figure out how to let them run more. Thanks folks!
Long TWTR, 1st Target $70 Monopoly and better Monetization PCS is preferred and also long shares sell some out-of-money-covered calls.
the lower study just turned and has much room to go up.
Compared to the market in large, TWTR is very cheap and has better growth prospects than most, hence a compelling risk-reward play.
GOOGLE -- It keeps getting stuckAs can be seen in the chart, there is a great squeeze in both prices and RSI. This is a bit scary of course ...
This tightness can continue up to the level of 2200$ or even 2400 $, but then we think it is very likely that we will see a big selling pressure for both the relaxation of the indicators and the completion of the technical formation formed by the prices.
We are not at the beginning of April anymore. It has been almost a year and the Nasdaq have an unstoppable rising. We wonder where will he stand ???
It contains only personal views and opinions. Does not contain legal investment advice ...
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Bull flag on weeklyCongrats if you survived last weeks blood bath! We have had BTD (Buy the dip) scenario after every pull back for 4 years. Last week was not buy the dip.
The reacted expecting higher interest rates to weigh on stock prices by making bond investing more comparatively attractive. The 10 year treasury note hit a high of 1.55%. FOMC decision is March 17th. Now, Google finished last week +3.7% and best out of the FANG stocks. 1.9 Trillion Stimulus was passed on saturday, so keep an eye on GOOGL.