Google breakout parallel channel possible target at 1832$ +19%Google has breakout the parallel started in 2015 and this may lead the price to 1832$ with a potential increase of +19% from current price.
GOOGL
Long googl to 1.5 T$ companyBased on fundamental analysis if TAC doesn't increase google advertising income would rise sharply in 2020. New businesses specially in AI fields and 5G could double the bullish strength. The only risk I can mention about Google is EU tech tax or digital tax. Bullish trend would continue until digital tax will be introduced by UK or France and then I can update my Idea. Based on numerical analysis, EPS in next 4 quarters would be 12.9, 14.1, 14.1 and 17 USD. P/E could rise to 35 and even 40 by developing new platforms in AI fields.
GOOGLE 2 DIFFERENT TRADE PLANSI have 2 differen trade plans for google, white and yellow
Green would play out if market is in a long-term fresh bullish momentum
White would play out if overall market is just getting out of gas
This is a great indicator for overall market cause almost all advertisement is on google (inc youtube)
trade safe
FAANG Key Outside Reversal Week#FAANG . . Breakout and perfect retest of ATHs. Key outside reversal week on massive green candle if price holds up for he next few hours. $FB $AMZ $AAPL $NFLX $GOOGL
GOOGLE - ALPHABET INCThis #googl trade was my best trade in 2020. I bought 10 call contracts at 1290usd strike price in december, and my contracts expired at 17th of January. One of the greatest trades in my life.
I guess now we're started a correction (small bear market) and this is where i am watching and planning for the next bullish trades. I am not looking for puts because we're in a giant bull market, and the rule is "TREND IS YOUR FRIEND)
Levels ill be looking for calls:
-1320 usd
-1180 usd
My target: at least 1570 usd
Of course i am waiting for some kind of setup before taking action. Always do your own research before taking any trade
Good luck
SPY correction overIf anything speaks well for the SPY correction, China and coronavirus, its Apple. Down 3% today right above the gap on Jan8. Looks like correction is near over. Might see sideways this whole week. Going to hold on to my common shares and mostly avoid any options this week till things start flying again.
GOOGL Gaps to New All-Time HighGOOGL will report earnings late this month, but has an early earnings run underway. It has 2 consecutive common gaps. The gap was on Professional Trader volume activity.
Do Alphabet bears even exist?Just some random thoughts, i actually think they have so much dominance in the overall market it's very hard for them to go down but..
Just seeing this chart could make it very easy..
Support turn resistance -> Support turn resistance
Also: More like a question in case anyone reads this:
Why is volume continuously falling?
Whats next for GOOGLafter a nice consolidation above resistance at 1300 price is looking to make a move higher
trade with channel
GOOGL Potential Long Breakout with our B.I.T.S IndicatorOur B.I.T.S (Breakout Intelligent Breakout Signals) Indicator for TradingView has a signal Long on $GOOGL. The recent two long B.I.T.S breakout signals have achieved at least target 3 for our strategy as can be seen on the chart. We are now looking to enter a 3rd swingtrading opportunity for the GOOGL stock.
Long Entry at $1363.60, above the highs of yesterday and slightly higher that our signal entry price as we are a little late to the game. With Stop loss at 1362.77 and the 4 target zones printed on the chart by our B.I.T.S indicator.
Look to Swing this long trade over into next week, depending on momentum. Be careful of low volume christmas trading..
GOOGL To lead AI revolutionPreceding the recent Adam & Adam double bottom formation, consistent bounces off the 200MA can be seen. This double bottom formation will lead to bullish continuation. GOOGL aims to lead the industry in AI development, with the purchase of AI deep mind and acquisition of various other AI start-ups. Great long potential.
Google
This week's candle closed strong indicating a continuation of the rally, possibly trying to reach for 1400 next. You need to be aware of one issue (marked pink). A distinctive failed reach for the upper formation trend line is a sign of weakness. This could lead to a breakout above (already happened) followed by a sharp reversal around Spring next year. This is interesting because it is echoed by current market technicals (sharp correction in Spring 2020).
Google's candle performance is deceiving and only "appears" bullish, even when it actually is, temporarily. The 'monthly' chart below shows clearly how the stock failed the formation throughout. This is seen when averaging the performance using step-line. The 'monthly' performance alone requires a downward correction of about 30-35% to become neutral again.
All you need to watch out for is the Bollinger Bands . An overshoot with a solid candle (on the 'weekly') and a reversal with another solid candle will be your strong-sell signal. Also look for a 'failed reach' of a solid candle on the upper b-band line.
The stock is bullish as long as it trades above 'a'. Close your long position if it closes below. Strong-Sell if it closes below 'b'.
I never liked this stock's technicals. But it's been requested by a few, so I will revisit this post continuously with updates if there's anything new & mentionable.
GOOG mid-term SHORTHello everybody,
Google has reached an all-time high and is trading under resistance now. I am expecting to reach two key supports level which are also confluence with 200 EMA + 100 DMA.
Have a great day,
ADA
GOOGL - Almost ready to shortGOOGL (or GOOG) are setup to fail.
RSI is overbought.
Pattern is clearly visible and reaching failure point.
Pattern failure imminent is confirmed by RSI, MACD ready to flip, and price overbought.
Gaps to fill below.
Everything is pointing down on this chart. January 2020 looks like the end of the road up for GOOGL.
I will be re-evaluating this chart at end of December for entry, if not before.
Options are NOT cheap. But payout is outstanding if timed correctly.
Thank you for liking, commenting, throwing up a chart, following, or viewing.
I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts.
Disclosure - I am long MARA, GBTC, BTCUSD, GDX, VIXY
Short SPY and AAPL
GOOGL Bulls Challenge $1,300 post earnings, $1,500 Spring 2020Recent buy post earnings reflects confidence, likely means strong Bull test of $1,300 w/ steeply rising 200 Day. Next stop may be $1,500 by Spring 2020 if not a breakout sooner than that.
FIT FINALLY DID IT & RUMOR ACTUALLY PLAYED OUTFIT stock has been one they've followed since August. It's been a tough one to stomach because of the intermittent breakouts followed by long periods of sideways or consolidation trends. The rumors were initially exciting but then concerning because we didn't really know. But happy to see they actually played out.
QUOTE:
Fitbit stock has been one of the most popular penny stocks on Robinhood since we began including it as a monthly feature.
Fitbit (FIT): Most Popular Penny Stocks On Robinhood
The Top 10 Penny Stocks On Robinhood To Watch For August
Top 10 Penny Stocks On Robinhood To Watch For September
Top 10 Penny Stocks On Robinhood To Watch For October 2019
It has also been covered in countless articles over the last few months as well. Even up until yesterday we were still asking if Fitbit is a penny stock to buy or sell . Regardless, the big news today focuses on the monster deal that Google inked with the active technology company.
ABOUT FITBIT
Fitbit Inc is a provider of health and fitness devices. The company's platform combines connected health and fitness devices with software and services. Its platform includes a family of wearable devices which include health and fitness trackers and smartwatches, enable the users to view data about their daily activity, exercise and sleep in real-time. The company software and services which include an online dashboard and mobile app, provide users with data analytics, motivational and social tools, and virtual coaching through customized fitness plans and interactive workouts.
QUOTE SOURCE: Penny Stocks To Watch: Fitbit (FIT); Readers Win Big
Analysis of GOOGLE 29.10.2019The price above 200 MA, indicating a growing trend.
The MACD histogram is above the zero lines.
The oscillator Force Index is above the zero lines.
If the level of resistance is broken, you should follow the recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 1300.00
• Take Profit Level: 1315.00 (1500 pips)
If the price rebound from resistance level, you should follow the recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 1268.00
• Take Profit Level: 1260.00 (800 pips)
USDJPY
A possible long position at the breakout of the level 109.05
GOLD
A possible short position in the breakdown of the level 1489.00
USDCHF
A possible long position at the breakout of the level 0.9970
EURUSD
A possible short position in the breakdown of the level 1.1070
GOOG potential reversal!
GOOG expected to rise up to 1st resistance at 1262.49 where it could potentially react off and drop down to 1st support at 1172.69.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
GOOGL BACKTEST FOR SHORTThis looks like the back-test we were asking for on the daily time frame. Google technicals favoring a short opportunity here.
GOOGL Back Test for Short opportunity?Google coming up to test a major trendline. I'd be looking for it to fade over the next week. However, if the market gaps up on Monday, that would be a major bull sign.
