GOOGL: BORING TO BRILLIANThi everyone, really excited today to have a talk about Google after a "boring" month.
as we all know google last month "Spet" been moving so slowly and this happened for many reasons like:
a) no good news comes up.
b) low volume.
&
c) what makes me hate "penny stocks" is Low liquidity.
yes, one of those important reasons that make Google moving slowly is it doesn't have enough liquidity to give the price big moves.
and this also effect on the average of the price as we see on the chart the price stuck between $1160 & $1195 level's for an entire month! I mean it's serious problem for the 3rd company in the world when it comes to MKT-Cap size. if we do a quick compare against Facebook which's 8th Company in the world:
MKT-Cap:
Google = Over $840B
Facebook = Under $500B
Avg-Volume:
Google = Under $3M
Facebook = Over 30M
May you found this not a problem for you but for a lot of traders who deal with options and breakout trading this is will effect.
Anyway, after the price breakout over $1190 level's I believe that it's will back again to retest this level's if it will be strong resistance the price in Oct will make a "correction path up" to the $1289 levels, and think if there's not enough liquid/volume it will get rejected from there. but if it retests the $1190 level's and breaks it the 1st target will be again $1160 and the 2nd target ll be $1110 levels.
why I think the price will back to retest the $1190 level's?:
my reason is if you take a look in the stochastic we can see the price is overbought in 1D timeframe also in timeframe 4h timeframe. and to be oversold we need to move down around 1% which make sense to me.
So yeah, this is "my thought" about Google for the Next first week of Oct, To the Next Sunday, have fun.
GOOGL
GOOGLE: SUFFERING AT 1190Hi guys, I'm gonna talk quickly about Google because no new mentions, okay so as I mentioned in my previous idea of Google that if the price wants to break out the $1190.04 levels it needs to things:
A) More Liquidity come to the market
B) Good News comes up
the price as we see is starting suffering when is get into the $1180/$1190 levels zone.
There's a strong resistance line out there and that's good because every stong resistance ll be strong support line in future so what it needs now is to break out of these levels and start to make correction path to the upward so we can get into next month as a Correction of ascending path.
GOOGLE: WHAT IT NEEDAlright, So we have on the left the D timeframe and on the right the 1h TF of Google.
The Last 5 days (L-week) we've been watching a fight between the Bulls and Bears at Resistance line of 1189 levels.
if we zoom out to D time frame we see the price back down after making highs hight of all time, and it's normal movement for any stock after making highs hight. Now, on the same time frame the price moving up and down in a flat way (sideways). for sure the Stochastic indicator will give a Buy sign because the price moving oversold after he breaks down the support line of his channel.
So, what it need?:
I expect the price will break the $1189 levels in 2 conditions,
1) More Liquidity come to the market
2) Good News comes up
Because if we Zoom In to 1h timeframe we can see how many time the price tried to break this level and failed.
GOOGLE: WAITIt's not hard to understand why Google price reverse backward, last Jul the price breaks out of the Upper-line of the channel and made a higher high and in the same point, we got a strong resistance line after the price gets into the channel one more time but this time it moves in sideways (flat). "so why the price keeps moving down after he gets into the channel?" the reason is if you take a look at stochastic you'll see the price in 'Overbought' and so it has to back down and break the Lower-line of the channel. Now if we wanna identify if the price gonna back upward we should wait and see if it gonna break the $1188.29 levels or not yet.
GOOGLE ($GOOGL) - Divs, divs and more divs. Which side will win?A quick glance at the Google chart shows clear, long term bear divs on both the weekly and daily time frames. This "correction" was long due, and is resulting in clear hidden bullish divergence (yet to be confirmed) on both the weekly and daily charts. Price touched a major demand zone, making this ripe for a bounce if the market behaves, and tech stocks do not continue their dip.
Alphabet Inc Class A | MAXOUT your SHARES - WAVE IN ACTIONThe partnership between Google and HTC will have several HTC employees join Google's growing hardware division. Google also announced it acquired non-exclusive rights to some of HTC's intellectual property in a separate deal.
Upcoming products by Google will generate enough sale to boost revenue by 100% from Bottom by the end of this Fiscal year,
this October 4th, a new segment by Google will be released under the name of "Pixel 2" and "Pixel 2 XL" the main focus here is to
gather more information about the new upcoming products because they are expected to heal the previous wounds on Alphabet Inc
we'll be updating you with more information as they strikes in,
Let us know in the comment what you think!
GOOGL fib extensionGoogle has hit an extension to the upside. Hit the 50% mark which is a very strong level. Target is a little over $1221.00. There are actually other fib levels acting on google to go to the upside. This happens to be the most recent one of those levels. GOOGL IF YOU ARE INTERESTED IN SETUPS LIKE THIS FOLLOW @DANTHETRADEMAN ON TWITTER.
GOOG : Will the summit test again?GOOG Weekly chart
GOOG : Will the summit test again?
I think yes
Because the indicators are positive
Volume positive weighted
The final closing is the bollinger top band
It turned from the bollinger subband so, will try the top band again.
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
PS make sure you give me a like, If you LIKE this analysis .... If you like most of my analyzes, FOLLOW me .
Google-Buy on dipsWe like FAANG Facebook , Amazon , Apple , Netflix, and Alphabet
Then we play long with them
Major resistance : All time high , 1200
Major support : 1000
Major trend : Uptrend
Status : ranges in 1000-1200 (It could be triangle form - waiting market to pick direction)
Chance to buy (buy on dips) in area 1000-below
with SL below area 900 TP All time high / higher
Use 1%rule with Google, Margin 100USD : 10000USD portfolio
Time to GOOGLE IT ? Price have been recently moving in consolidation. Resistance have become support. 1000 even number. 38.2% fib retracement support from the 2016 move. 61.8% fib retracement from the previous leg of the move. Long-term buying opportunity. RSI oversold with signs of divergence. Coppock curve confirms it heading north with divergence. Target fib extension Good Luck