GOOGL: multi year top?Leaning towards this count for GOOGL (and NAS) as my primary. Top of 3rd wave, IMO, beckons shortly. Would expect a 18-24 month correction to follow followed by 5-7 year rally.
GOOGL
SPY $381: could push to $383+ as CMF & Momentum remain strongI was wrong in calling corrections at 370 (of SPY), looking back, at the time STOCH/RSI still pointed upwards and CMF was very positive and still is.
Where do we go from here? Based on the trend line and momentums (RSI still has room) and squeeze is yet to fully fire to upside, I could see we continue to push higher to at least 383+ possible 385. It is however likely short-lived so the strategy remains the same: prepare for a correction with Cheap Put Butterfly.
Jan 29 Put Butterfly 375/360/345
Feb Put Butterfly 375/360/345
Much that I like to call a correction after a long extended rally, I am mindful of the fact that money supplies have grown so much in the past few years and there are no easy investment alternatives elsewhere (bonds, Golds, and TLT all-seeing huge money outflow, and into equity). So the tide goes up with the ocean wave. After all, Equity is the place to be.
I would not be hugely short but mindful of the fact corrections are inevitable so be conservative until better entry arrives. If and when corrections occur, my shopping list would be TWTR, CRM, BB, PFE, FDX, COST, HD, and obviously the monopolies that continue to print money and control our lives: GOOGL AMZN, AAPL, and SPY as a proxy for the market which yields better than the treasury.
CLEAN BREAKOUT I am long if we get past 1800 be on the lookout for 2k Follow me for more clean charts
Game Plan #stocksGoogle has been dancing around the range high (1725 of rectangle) for 2 months now. Most of FAANG has underperformed recently. The reflation trade has begin to show real signs of life and tech has seemed to be where people are leaving. The question is how to trade the next move? At range highs and lows is where I like to make decisions because they are defined risk/reward opportunities. If we can clear above the range high and the trendline the play will be to the upside. If we get more selling and we break the low of the more near term range (smaller rectangle 1694) then the play will be to the downside for a short term trade. Absolute rate of change has been weak so I am leaning bearish but I will wait for price to confirm. If google bounces back strong and rate of change confirms the move then I will turn bullish and play the breakout.
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GOOGLTuesday, 5 January 2020
9:52 AM (WIB)
Google already completed HS formation on the top of resistance the highest lines channel.
Might be great to see the impulsive downtrend move in the direction of completing huge HS formation at 1039.
Best regards,
RyodaBrainless
"Live to Ride and Ride to Live"
GAP CLOSE - ALIBABA stockFundamental analysis for BABA is not good. They are going to be investigated by the Chinese government for abusing of monopoly position on the market. But the GAP on the chart should be closed. So I am expecting a pull-back to $260. Long term position should be considered. It seems to be the same story as FACEBOOK or GOOGLE sued by the US government.
google for long for 16 december 2020google for long for 16 December 2020
and as i said always when you are 50% profit take half and move stop to enter point
googl for long google long or buy for all the week so dont forget always my advice to take 50% of gain when you are more then 50% profit and move the stop to enter level and let the deal to run
Big Tech still underperform frm Sep (AAPL, AMZN, MSFT, FB, NFLX)Big Tech still underperforming from Sep (Apple AAPL, Amazon AMZN, Microsoft MSFT, Facebook FB, Netflix NFLX) - with the exception of Google GOOG.
$GOOGL Getting in the head and shoulders!Live play set up breakdown MIDDAY $GOOGL inverse head and shoulders
Google (Alphabet inc.) SHORT📉 NASDAQ:GOOGL SHORT H4
🛒SELL BELOW = 1716.47
🎯Target1 = 1653.93
🎯Target2 = 1615.27
🛑Trailing Stop loss = 1817.66
❌Cancel trade and open reverse trade = 1817.66
🙈Recommended risk = 1-2%
#GOOGL #GOOGLSHORT #GOOGLSELL
GOOGL long , Further leading FAANG stocksgoogl has been doing a bull flag for the past few weeks after attempting a break of the All time high. watch this share when it breaks the closest swing high on the daily charts. a expansion of volatility from current lvl will ensue NASDAQ:GOOGL
watch the overall market QQQ , and SPY AMEX:SPY too
all are showing sign of breaking up to the upside with the similar pattern as googl
