Alphabet Inc. (GOOG) is in the process of forming a bottom following the July and early August correction. Technically it has already priced the new Higher Low (green Arc) on the 20-month Channel Up but is underperforming relative to the rest of the tech sector. This is why it hasn't yet broken above the 1D MA100 (green trend-line) but this isn't at all...
Last time we made a call on Alphabet Inc. (GOOG) on July 11 (see chart below), we caught the most optimal sell entry, right at the top of the 21-month Channel Up: The price not only broke below the 1D MA50 (blue trend-line) for the first time since March 15, but today almost touched the 1D MA100 (green trend-line), which is holding since March 12. This...
Alphabet Inc. (GOOG) has been trading within a Channel Up since the November 03 2022 market bottom and on our last analysis (April 16, see chart below), it gave us an excellent buy entry, hitting eventually our 175.00 Target: Right now the price is more than half-way on the new Bullish Leg but has come very close to the Channel's top (Higher Highs...
Last time we looked at Alphabet Inc (Google/ GOOG) almost two months ago (February 27, see chart below) we caught an excellent buy entry and even tough the price dipped some more after, it is approaching our 168.00 Target: Yesterday's strong bearish 1D candle serves as an early signal that the stock can pull-back to its 1D MA50 (blue trend-line) again on the...
Alphabet Inc. (Google/ GOOG) got rejected today on the 1D MA50 (blue trend-line) and it dipped the lowest it has below it since the October 27 2023 Low. That was a Higher Low at the bottom of the 1-year Channel Up pattern. Technically this decline is following the same pull-back sequence as the June 07 - July 10 2023 pattern. As long as the Channel Up holds or as...
Alphabet Inc. (Google/ GOOG) is reporting Earnings today and the focus is whether or not they can keep fueling this strong multi-weak rally or cause a correction. Last time we looked into this stock (November 27 2023, see chart below), we gave a pull-back buy signal, which easily hit the 145.00 target: The price is still on the latest Bullish Leg of the...
Alphabet Inc (GOOG) gave us a great +20% pre-earnings bullish signal last time we looked at it (July 25) that hit the $140.00 target before pulling back (see chart below): Right now the price is above the 1D MA50 (blue trend-line), within two Channel Up patterns, with the latter being the (diverging) dotted one. With the 1D RSI hitting its Lower Highs...
GOOGL with a strong upward breakthrough this week This chart shows the weekly candle chart of Google stock over the past year. The graph overlays the bottom to top golden section at the end of 2022. As shown in the figure, Google stock tested the bottom of the chart against the 2.618 position of the golden section three times in July and last week, with a...
Recent high point of Google stock at 2.382 on the Golden Divide! This chart shows the weekly candle chart of Google stock over the past year. The graph overlays the low point at the end of 2022 against the golden section. As shown in the figure, the recent high point of Google stock happens to be at 2.382 on the Golden Divide! In the past six weeks, Google...
It has been very long since we last looked into Google (GOOG) but last time we did (November 07 2022) we gave a massive buy signal (see chart below) at the market's absolute bottom: The stock price rose +49% since then, giving us one of the most successful low risk trades of the year. With the company reporting its Earnings today though, we shift back to the...
Alphabet Inc (GOOGL) is about to form a Golden Cross on the 1D time-frame, which is when the 1D MA50 (blue trend-line) crosses above the 1D MA200 (orange trend-line). This is a very bullish pattern, that can be enough to break above the Channel up pattern that the stock has been trading in since the November 03 2022 market bottom. In that case we will target...
Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single...
Alphabet Inc. (GOOG) broke two weeks ago below its 1W MA200 (orange trend-line) for the first time since the March 2020 COVID crash. The next Support level is the 1W MA300 (red trend-line). Since its IPO, the stock has had very symmetric Cycles which with the help of the Sine Waves can show tops and bottoms for consistent sells and buys. On this pattern, the...
Since the 102 levels for Google has been tested twice it is not holding up, Google's support levels are around 92. Google's next level of resistance is around 110. My Plan: Sold a 93 Put for October 14th Expiry pocketing $110. I'm fine if I google for 93.
we just tested our resistant last week, now if we have a breakout from this level , we going to test 2 level of resistant, which the second resistant will give us the breakout to all time high for this year , over the 160$+. the bottom that we should hold for this year if we want to see this movement , is holding above the 100$ support .
GOOG has been trading around its 1W MA50 (blue trend-line) for the past weeks. The Ukraine - Russia war has managed to keep the stock on those low levels, longer than it should but this is a position Google is familiar with. Ever since the beginning of its trading, the stock has been experiencing phases of growth and then pull-backs to the 1W MA50. Only during...
When it comes to GOOG Alphabet , right now it is in a downtrend and it is likely to get support at S1; which is near 2850. Since it is showing the bearishness, you might see a gap down. If gap down doesn’t happen, I wouldn’t recommend you to take the short position unless you get a pull back. When price reaches S1, you may go long while using S1 as a support area...
If you find this technical analysis useful, please like & share our ideas with the community. Coming to the technical analysis of GOOGL ALPHABET , I think we are going to see an upward movement. If you are going to go long now, make sure to place the stop below the previous support area . What do you think is more likely to happen? Please share your thoughts in...