$GOOGL Options play of the month | New ATH!Technical look on $GOOGL with a huge potential options play through earnings
Throughout Covid, Netflix has performed rather well since the first wave down, pushing 46% from lows.
We are looking for Google to either retest previous ATH or straight rip, will probably play it safe and wait for the retest. If the setup doesn't look good enough for entry, we will simply sit on our hands and wait for the right time.
The Play:
GOOGL $1,600 Call 7/17
Estimated Time: 7-13 Days
- Bullish - Breakout on the upside to make even more ATHs, looking to retest the previous channel resistance.
This play will payout stupid but takes quite a bit of capital, congrats if you made a bag on this :)
This is not financial advice nor am I a financial advisor
DotcomJack
(View other option plays below)
GOOGL
GOOGLE INVESTING LONG TERM , TARGET $1900 (HOLDING) GOOGLE has passed the peak of the era and there are " SHS " variants, even though it is not, but I still consider this a good model with the
characteristics of "SHS". This is based on my experience over 7 years of delivery. Translate, everything is right
vs GOOG now, good time to buy investment.
GOOG buy : $1550 +-5
GOOG target : $1900
Stop loss : 10% .
Good investment in Google!
Elliott Wave View: Alphabet (GOOGL) Resumes Higher in wave ((5))Alphabet (GOOGL) has broken above June 24 high, suggesting that the next leg higher has started. The stock has ended the correction from June 11 high in wave ((4)) as a Flat Elliott Wave Structure. Wave (A) ended at 1385.80 low, wave (B) ended at 1475.79 high, and wave (C) ended at 1351.65 low. This 3 waves move ended wave ((4)) pullback. From that low, the stock extended higher in wave 1, which ended at 1402 high. The pullback in wave 2 then ended at 1393.22 low.
Afterwards, the stock resumed higher in wave 3, where the subwave unfolded as a 5 waves Elliott Wave structure. Wave ((i)) ended at 1406.50 high, wave ((ii)) ended at 1395.64 low, wave ((iii)) ended at 1448.48 high, wave ((iv)) ended at 1441 low, and wave ((v)) ended at 1488.52 high. Wave 4 pullback is proposed complete at 1468.55 low. The stock can push for another high before ending 5 waves rally from June 29 low in wave (1). A larger degree pullback in wave (2) should then follow before the rally resume again. As far as pivot at 1351.05 low stays intact, expect dips in 3, 7, or 11 swing to continue finding support.
GOOGL Analysis 3 Rising Valleys + Bullish Momentum + Time Frame Confluence
Option 1 based off Price Action and Option 2 based off Elliot Wave Forecast
Weekly Chart
Descending Broadening Wedge
(Close above 1425 Bullish)
Bullish Outside Bar
Bullish Rectangle
Double Bottom at Demand Zone
Daily Chart
3 White Soldiers
Bump & Run Reversal Bottom
Bullish over 1463
Gap Fill 1483.56
4hr Chart
Bullish Momentum
Trend Reversal
EMA cross over 1460
🤔 Opportunity On Google? (GOOG)💰 LET'S GET INTO SOME GOOGLE ANALYSIS!💰
1️⃣ First off SMASH that LIKE BUTTON & Give us a FOLLOW for DAILY ANALYSIS! ❤❤❤
(Overall Market Sentiment) 🐻 Bearish
- My main worry is that the longterm upward support has been broken and had a retest but looks like it could be rejecting off of it for a new Resistance and a lower low / lower high.
- I have a red engulfing crossover on the 12 hour with compression on the daily. The Crossover strategy is showing a Crossover all indicators to the downside.
- All 3 ema dots ont he bottom are red and have been red consecutively.
- I will be taking a short with a 1.5% stoploss.
Share your charts and comments down below! Would love to hear your thoughts! ❤❤❤❤
Thanks for checking out our analysis! ✌😁✌
🥇MLT | MAJOR LEAGUE TRADER
GOOGL D1: Gap filled correction up next(NEW/UPDATED)Why get subbed to to me on Tradingview?
-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
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-24/7 uptime so constant updates
GOOGL D1: Gap filled correction up next(NEW/UPDATED)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: GOOGL daily chart review
::: overhead gap filled now
::: 20%+ correction up next
::: maxed out already
::: get ready to short for gains
::: TP1 is 1152 USD
::: TP2 is 1080 USD
::: strategy: short from GAP
::: correction can last 4-10 weeks
::: market disconnected from reality
::: don't get crushed in this new correction
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment: BEARS
::: Sentiment outlook short-term: BEARISH
NASDAQ100 - What´s about 11.000The markets are crazy. Especialy the NASDAQ100 NASDAQ:NDX
Before we could see the next down move in the NASDAQ100 we might see the next, maybe the last, bull run to 11.000
The FANG Stocks will guide the NASDAQ. Those 4 Stocks + a few other heavy weights have the most impact in the TechSector.
NASDAQ:FB
NASDAQ:AMZN
NASDAQ:NFLX
NASDAQ:GOOGL
NASDAQ:MSFT
NASDAQ:ADBE
NASDAQ:NVDA
>> And never fortget ! -- Plan your trade and trade your plan ! <<
GOOGL - Rejection?Hello Everyone!
We have left GOOGL ready to break resistance at 1440 and fill the gap at 1478 but see what happened : price has bounced on 20 sma and break resistance, but in the end the high of the candle of 10th June was 1472....than it came back and didn't fill the gap....in my opinion this is a short term bearish signal.
Yesterday Nasdaq was down 5,01% and GOOGL 4,29% breaking below its 20 sma quite easely, even if today the pre-market shows the possibility of a recovery, we have to consider that after a down day lake this is unlikely not to see new down days, than we have to be prepared that the price will possibly find a sort of support at 50 sma or lower around 38,2% Fibonacci level at area 1290 which was previously resistance, this in case the market will continue in south direction.
A bounce at 50 sma will open the case for a new bullish leg.
Feel free to post a comment below if you like and...may the market be with us....!