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GOOG trade ideas

GOOGL’s Next Move: Charting the Path with Strong FundamentalsAs of December 7, 2024: GOOGL Trading at $174.71 Fundamental Overview GOOGL remains a dominant force in the technology sector, backed by robust fundamentals that highlight its financial strength and growth potential. Here are some key metrics: * Forward P/E Ratio: ~19.90, indicating a reasonable valuation relative to expected growth. * Expected EPS Growth: Analysts project a 5-year EPS growth rate of 21.03%, showcasing strong profitability expectations. * Expected Revenue Growth: Forecasted 5-year revenue growth of 10.99%, signaling steady expansion in core businesses. * Net Margins: At 27.74%, Alphabet exhibits impressive operational efficiency. These metrics reinforce Alphabet's position as a growth-oriented mega-cap stock, blending innovation with consistent financial performance. Technical Analysis and Trading Plan Overview GOOGL is currently consolidating after a strong rally earlier this year. The stock is trading within a well-defined range, respecting key support and resistance levels. Combined with its strong fundamentals, this also creates a promising setup for both scalpers and swing traders. Price Action and Key Observations 1. Trend Analysis: * GOOGL is maintaining an upward trajectory, bouncing off its ascending trendline since mid-2023. * The stock’s current range suggests indecision, but a breakout is likely in the coming weeks. 2. Liquidity Zones: * Demand Zone: $163–$170, an area where buyers have historically stepped in, coinciding with the 200-day moving average. * Supply Zone: $190–$192, marking resistance from previous highs. 3. Order Blocks: * Bullish Order Block: Around $163.50, aligning with historical support and institutional buying interest. * Bearish Order Block: Between $190–$192, serving as a critical resistance level. 4. Indicators: * MACD (Daily): A bullish crossover signals upward momentum, aligning with recent price recovery. * Volume: Increased buying volume during the last bounce suggests accumulation near $170. Support and Resistance Levels 1. Support: * $174.70: Immediate support just above the 15-day EMA. * $163.55: Strong support aligned with the bullish order block and the 161-day moving average. 2. Resistance: * $182.46: Immediate resistance; a breakout here could trigger a move higher. * $191.75–$192: Major resistance and a critical target for swing traders. Game Plan Scalping Strategy: * Entry: Buy on a breakout above $182.50 with strong volume confirmation. * Exit: Target $190–$192. * Stop-Loss: Set below $181 to manage risk. Swing Trading Strategy: 1. Bullish Case: * Entry: Look for a pullback to $174 or $163.50 with a bullish reversal candle. * Targets: First target at $182.50, and swing target at $191–$192. * Stop-Loss: Below $163.50 to avoid significant downside. 2. Bearish Case: * If GOOGL breaks below $163.50 with high volume, short positions targeting $150 could be considered. * Stop-Loss: Set above $165 to minimize risk. Thoughts and Where It’s Heading * Upside Potential: A breakout above $182.50 could attract further momentum, with $190–$192 as the next logical target. This aligns with both technical patterns and improving fundamentals. * Downside Risk: A failure to hold $174 could lead to a retest of $163.50 or even $150, where demand is expected to pick up again. Playbook Checklist Before Entry: * Confirm breakout or bounce with volume analysis. * Verify MACD momentum and other indicators. * Watch for price action signals near key support/resistance levels. Risk Management: * For scalping: Risk 1% of capital per trade. * For swing trading: Risk no more than 2% per position. Market Updates to Monitor: * Keep an eye on sector trends, earnings updates, and macroeconomic news for potential catalysts. Disclaimer This post is for educational purposes only and does not constitute financial advice. Please conduct your research and consult a professional advisor before making any trading or investment decisions.
NASDAQ:GOOGLLong
by BullBearInsights
Its OK as longest google stays above 170 ! lets go ! Last week, Google stayed above 170, which is excellent news. Within the analysis, we can see that it’s starting to show bullish convergence. I also drew an ascending channel based on its recent price movements. In my last analysis of Google, I mentioned that once the price touched the "stacked channel," we only needed to observe the immediate candlestick structure, and from there, it would take off—and that’s exactly what happened (check out the little thumbs-up hand). Now, it doesn’t matter if the price dips slightly here; the key is for it to stay above 170 and within the mini ascending channel I marked. The real challenge for Google is breaking through the inflection zone where it’s currently positioned. It was rejected once, so the price will likely attempt to break through this key zone again. Let’s see what happens in the coming days. Thanks for supporting my channel! Best regards.
NASDAQ:GOOGLLong
by RocketMike111
1
Google updateHi traders google it's still valid for buys with the ne,t target of 190,what I can say in order for you to understand the system,market moves up n down but uptrend doesn't change because of pull backs but it moves accordingly,soo as a trader and investor you should know that we're am opening position market is likely to come bek soo you must proper money management that is gonna hold a delay that can happen in that company sectors until it picks up again,yes it must sometime n testing your patience n emotion if you are scared you will simple exit early but let me remind you this,there is no hurry inlife,learn to have patience to wait there is no loose in trading n investing but there is years of investing in knowledge in order to know how to follow the system,you are not loosing you are growing trust the process 🙏
NASDAQ:GOOGLLong
by mulaudzimpho
Google updateHi traders google it's still valid for buys with the ne,t target of 190,what I can say in order for you to understand the system,market moves up n down but uptrend doesn't change because of pull backs but it moves accordingly,soo as a trader and investor you should know that we're am opening position market is likely to come bek soo you must proper money management that is gonna hold a delay that can happen in that company sectors until it picks up again,yes it must sometime n testing your patience n emotion if you are scared you will simple exit early but let me remind you this,there is no hurry inlife,learn to have patience to wait there is no loose in trading n investing but there is years of investing in knowledge in order to know how to follow the system,you are not loosing you are growing trust the process 🙏
NASDAQ:GOOGLLong
by mulaudzimpho
GOOGL - Making sense of the market's multi-time frame objectivesApologies for the bad recording quality here - but this is key toward "zooming out" and realizing how much is really happening on higher time frames in the market - when we get zoomed in to one small move or leg of an uptrend or downtrend, it leaves us vulnerable to sudden moves against us - because we were stuck in LTF tunnel vision. So you see here how I have a bias toward short, but that is on a HTF and requires LTF work and liquidity building to make the HTF objective possible Happy Trading :)
NASDAQ:GOOGLShort
by ReigningTrades
A Liquid Supply and Demand Analysis on GOOGLWhat we're trying to do as traders is identify what the market is setting up for us and why its setting up that way - that will tell give us insight into what could and should happen from there based on the chart's "story" of: 1. Where are the HTF and LTF liquidity levels and supply and demand zones i.e. where are the buyers and sellers located and who needs to gather more steam before moving in the direction they want. (In a long term uptrend, buyers are constantly picking up steam by allowing a relaxed and controlled selloff and building liquidity at steadily more accepted prices and setting up support at higher and higher levels. Sellers would be allowing for healthy pullbacks (controlled buying and liquidity building) to set strong resistance levels at previously broken support levels (sell orders) at those controlled pullbacks) - Hence the higher highs/higher lows of an uptrend and lower lows/lower highs of a downtrend - It is just a bunch of supply and demand levels being created and broken within higher time frame supply and demand levels - Until enough liquidity is built on the LTF so that the HTF levels can be broken. 2. What does the "why" tell us - Who is in control of building the liquidity and why are we doing it this way or what about the way that it is getting built can we decipher where it may need to go. (With confirmations, we are given indications as to whether the HTF move that we want to trade is actually happening or if it's just continuation of the LTF liquidity build. This is where our algorithms come in handy because they are the market's guide to where the liquidity lies (you'll see that on breaks of trend lines, we make a big move because we're grabbing all the liquidity that was built up within the trend line that were now break out of. This in addition to the control algorithm which is guiding the "fair price" to get back in off the pullback and liquidity build and also syncs neatly with former support and resistance levels created. 3. Utilizing Multi-TF-Analysis, we can identify subsequent moves based on the available liquidity levels that were created (purposely) and look for confluence between S&D levels and created and controlled liquidity built. Our toughest job as traders (analysis and execution wise) is to see all this information and put it into a multi-dimensional story that we can always be in the know and understanding of what's happening within our story so as to not get bogged down by liquidity building or indecision. The real challenge and key comes in deciphering each time frame's analysis in a top-down approach (longer term --> shorter term) so that we are ahead of the right move and not a part of the "controlled liquidity build" but rather of the side that is in control on the time frame that we're actually executing on. (An example of what I mean would be going long on GOOGL here as if the current shorter term bull-trend has built enough liquidity and set enough strong support and leaving out the HTF information such as supply above and demand below which was based on the HTF story). I know this might seem confusing but if you start plotting this out visually on your own and reason with why price is doing what it's doing at certain levels (VOLUME). Really hope this was helpful for anything looking to deeper their understanding of how liquidity is identified, why it is built, and how we can utilize this information in order to tell the chart's story and essentially see the roadmap ahead. Happy Trading all :)
NASDAQ:GOOGLShort
by ReigningTrades
Top 5 Weekly Trade Ideas #3 - GOOGL Trend RetestNice looking chart here on GOOGL IMO. I'm mainly focused on the two secondary trendlines. One is an uptrend and the other is a previous downtrend that has been broken. Price just tapped both of these trendlines at the same time and held after a recent sell off. This looks like a great spot to long if you ask me, but it could be used for a short if it falls below. It's not often you have trendlines converge this cleanly. As the path shows, upside target is around $171. $168 and $174 could be areas of interest as well. In the case of a downside break, target would be around $155. I'd look for shorts if it broke below and failed on a retest.
NASDAQ:GOOGLLong
by AdvancedPlays
GOOGL Testing Key Resistance: A Setup for Dec. 4, 2024GOOGL is trading in a tightening range, testing a significant resistance zone. With recent price consolidation and volume spikes, here's how to navigate potential breakout or rejection scenarios. 1️⃣ Price Action & Chart Analysis * Trend Overview: GOOGL is hovering below a key resistance at $172.68 after rebounding from support at $167. * Key Levels: * Resistance: $172.68 * Support: $168.00 and $167.17 The $171–$172 range will be crucial for determining the stock's next move. 2️⃣ Liquidity Zones & Order Blocks * Liquidity Zone: The area between $171 and $172 is attracting activity; watch for increased volume here. * Order Block: Demand zone around $167, which aligns with previous buying interest and consolidation. 3️⃣ Scalping Strategy For quick intraday trades: * Entry (Breakout): Buy above $172.68 with confirmation. Target $174–$175 for a quick exit. * Stop-Loss: Place below $171 to manage risk. * Rejection Play: If $172.68 holds as resistance, short with a target of $169. 4️⃣ Swing Trade Strategy For traders looking for a longer-term position: * Entry Option 1: Buy on a confirmed breakout above $172.68. * Entry Option 2: Wait for a pullback to $167 for a better risk-reward ratio. * Targets: * Initial Target: $175 * Extended Target: $178 * Stop-Loss: Below $166 for a conservative risk approach. 5️⃣ Momentum & Indicators * MACD: Bullish momentum building, with the signal line trending upwards. * Volume: Spikes at resistance indicate trader interest; watch for sustained buying to confirm a breakout. Game Plan for Tomorrow * Scenario 1: A breakout above $172.68 sets up a move toward $175; wait for strong volume before entering. * Scenario 2: Failure to break $172.68 could lead to a pullback to $167, offering a better entry for long positions. Disclaimer: This analysis is for educational purposes only and not financial advice. Always do your own due diligence before making trades.
NASDAQ:GOOGL
by BullBearInsights
The #1 Reason This Strategy WorksThis time we are looking at this stock NASDAQ:GOOGL when I was looking at this strategy which is the rocket booster strategy boosted. I started thinking about how the market can be very difficult to catch especially if like me you plan to find an opportunity for trading every single day. This is a very aggressive mindset to have and I would not advise you to think like this.But you have to understand I have been so broke for so long.This is why I think like this. This is how I think "Every single day I should find a trading opportunity" No day in my trading career should ever pass by without me finding a trading opportunity Why? because I look at trading as a career, as a source of income The funny thing about this skill is you can never learn too many strategies you can learn as many strategies as you wish In this chart you will see a "Spinning Black Top" candle chart pattern is on the rocket booster strategy. Do you see how candle stick patterns complete the rocket booster strategy? Do you see that the candlestick chart patterns boosted the price action? Thats your advantage my friend learn as many strategies as you want there is no limit you have a very powerful brain. Do not think about your past failures Focus on learning new things for a better future. You can learn more about the rocket booster strategy By checking out the resources below.. Trade safe. Rocket boost this content to learn more Disclaimer: Trading is risky please learn risk management and profit taking strategies Because you will lose money in trading do not use margin. Also use a simulation trading tooll before you trade with real money
NASDAQ:GOOGLong
by lubosi
I'm Back! Let's simplify things... GOOGL AnalysisI like to dumb things down with my students sometimes. All the algorithms won't help without the basic understanding of liquidity and supply and demand. In this video I try my best to outline how supply and demand works in the market and how we can see it at work at any point in the chart and on any time frame - in order to identify who is stronger at any given point and where we can see movement coming from. Essentially, if sellers are stronger at a given level, price will need to come back down to areas where buyers are present. They will then try and break out of that selling level and will do it successfully if they have more buyers than sellers from that liquidity build (adding more buyers at lower prices). If they don't have enough, they will have to continue this process of digging deeper (controlled selling) which, although price is technically moving down, it is doing so in order to add more buyers to then break out of a strong level of resistance above. I hope to check in with you all more often in the near future and I appreciate you all sticking with me during this time of transition! Happy Trading all
NASDAQ:GOOGL
by ReigningTrades
2
GOOGL: Reversal or Trend Continuation? Trading Plan and Technical Analysis for GOOGL Price Action Overview: GOOGL is currently trading near $135.50, attempting to recover after a dip from recent highs. The stock has formed a descending trendline, creating lower highs, but recent price action suggests a potential breakout attempt. Volume has been moderate, and the MACD is beginning to cross into bullish territory, signaling momentum may be shifting. Liquidity Zones and Order Blocks: * Liquidity Zone 1 (Support): $133.00-$134.50 - This area has seen buying interest and could act as a safety net for bullish setups. * Liquidity Zone 2 (Resistance): $136.50-$138.00 - Key zone where sellers have shown dominance. A breakout above this could trigger a trend reversal. Key Support and Resistance Levels: * Support Levels: * $134.50 - Immediate intraday support. * $133.00 - Swing low and a critical level for bulls to defend. * Resistance Levels: * $136.50 - Immediate resistance and the descending trendline. * $138.00 - Major breakout target. Scalping Gameplan: * Bullish Setup: * Enter long above $136.50, targeting $137.50 and $138.50. * Stop-loss: Below $136.00. * Trigger: Watch for a strong 5-minute or 15-minute candle close above the descending trendline with rising volume. * Bearish Setup: * Enter short below $134.50, targeting $133.50 and $132.50. * Stop-loss: Above $135.00. * Trigger: Look for rejection at $136.50 followed by a breakdown below support with high volume. Swing Trading Playbook: * Bullish Case: * Enter on a confirmed breakout above $136.50, with a swing target at $140.00. * Stop-loss: Below $134.50. * Indicators to Watch: MACD bullish crossover, RSI above 50, and sustained volume. * Bearish Case: * Enter short if price fails to break above $136.50 and closes below $134.00. * Swing target: $130.00. * Stop-loss: Above $135.50. Thoughts and Suggestions: GOOGL is at a decision point, with price consolidating near the descending trendline. If volume picks up and breaks resistance, bulls could regain control. However, rejection at $136.50 might push the stock back toward support levels. Scalpers should be prepared for quick moves in either direction, while swing traders can capitalize on confirmed breakouts or breakdowns. Disclaimer: This analysis is for educational purposes only and not financial advice. Always do your own due diligence and consult a financial professional before making trading decisions.
NASDAQ:GOOGL
by BullBearInsights
Alphabet (GOOGL): Perfect wave reaction. This is our planWhat can we say except—just take a look at this. Alphabet ( NASDAQ:GOOGL ) has followed our analysis perfectly over the last two months, reacting strongly to the targeted area for wave B and selling off immediately after reaching the exact 78.6% Fibonacci retracement. Fundamentally, pressure is mounting on Alphabet. Last Wednesday, U.S. prosecutors presented a case to the Department of Justice arguing that Google must sell its Chrome browser, share data and search results with rivals, and potentially sell Android to dismantle its monopoly on online search. This landmark case could reshape how users find information, creating uncertainty around Alphabet’s future operational structure. From a technical perspective, we still anticipate more downside for $GOOGL. The level of $137.8 now appears even more significant. It aligns with the Fibonacci retracement of wave (2), the Point of Control (POC), and the wave C target—an extremely strong confluence zone. This makes $137.8 a likely magnet and a strong candidate for support, offering a potentially lucrative long setup if the price reaches this level. We are monitoring closely to see how NASDAQ:GOOGL performs in the coming weeks and how these levels react to ongoing market conditions and DOJ pressures.
NASDAQ:GOOGL
by freeguy_by_wmc
Long GOOG at 166.57 - Sometimes winning just means not losing. I'll be the first to say that I don't LOVE this NASDAQ:GOOG chart. The lower high on Nov 12 is never a good sign. The fact that there was a large correction before that makes me like it less. The new incoming FCC chair and the new President are no fans of big tech and have both called out GOOG specifically as a target. The DOJ is on them about anti-competitive practices, the EU hates them, etc etc. So why trade it at all? Well, first, there were not a lot of other great options today and I need to keep my portfolio full and be able to cycle capital. I'll be posting about a trade I like even better after I'm done with this. Secondly, GOOG's recent history suggests that I will do well due to the kind of trading I do. More on that in a minute. And third, drawdowns don't scare me any more. They used to. But the system I use (especially the first profitable close exit strategy) makes it very difficult for me to have large drawdowns. It can happen, but it's very rare and even then, I don't suffer nearly as much as B/H. You can see during the July swoon, not only would I not have lost money, I'd have made it. Modest returns, but a 20% difference between me and the underlying stock lets me sleep at night and makes B/H play a very tough game of catch up afterwards. Something that it would still not be close to having done 3 months later. After that 16.7% drop, it takes a 20% rise just to get back to break even. I do think this very recent drop COULD be part of something larger going forward. I can't see the future better than anyone else, but I know I have the tools to handle it and probably profit from it, regardless of what happens, so I'm taking the trade. Besides, everything isn't as bad as it looks. In the last 12 months, GOOG has given 20 buy signals. All 20 would have been profitable. Half of those profitable trades came during July and the drop after that in Aug/Sept. 14 of those 20 trades only lasted a day. It's hard to get caught in a big drop when you're in and out of a trade in a day. 10 of the 20 trades made more than 1% (3 of those 10 were > 2% and two were >3%). None took longer than 5 trading days, and that only happened once. Despite its ugliness, it has still been very profitable to trade. While I would ALWAYS suggest long trades be done on solidly uptrending stocks whenever possible, there are ways to trade less than perfect (and even bad) charts and still make money consistently. Hopefully that will be the case here, while NASDAQ:GOOG tries to work off those late summer losses and catch back up to me. By this time next week, this trade will ideally be a distant, profitable memory. As always, I will keep buying whenever it is oversold until the position is completely closed, and sell lots as they become end of day profitable. Have a good weekend, Googlers!
NASDAQ:GOOGLong
by redwingcoach
6
Anticipating Google’s Next Move: Short Term SwingGreetings Everyone, This is my 4th posting today - please show support by commenting and leaving a like. This is a rough draft of an idea I have for shorting what is probably my favorite stock in the entire market. I’ve chosen to use this format, line chart, and color scheme because it best illustrates the idea, especially considering the numerous personal notes I’ve hidden on the chart for reference. Based on Elliott Wave Analysis and my interpretation of this chart, I believe a near-term correction is approaching for ticker GOOG / GOOGL. Google Earnings: Stellar Earnings ❤️ Google generated $88.27 billion in revenue for the quarter, which was higher than the anticipated $86.3 billion. This marks a 15% year-over-year growth compared to Q3 2023’s $77 billion. Net income was also robust, reaching $26.3 billion, up from $19.69 billion a year ago . Technical Analysis: This evaluation is based on a long-term analysis using Elliott Wave Theory, mapping out the five-wave sequence. In the chart, you’ll notice a completed wave 5,A,B and Wave C starting to unfold. Bearish signs 🪧 - Exhaustion Gaps - Failure in reaching previous major rejection point - Massive Bearish Engulfish Candle on candle stick chart - Broke through previous consolidation zone - Based on previous analysis failed W bottoms and inverse head and shoulder patterns have a strong reversal if fails to follow through. - MACD turning down with big selling volume Best, Clemard
NASDAQ:GOOGShort
by coilemard
2
GOOGL SHORTGoogle's stock faces significant bearish risks due to mounting antitrust pressure, particularly the U.S. Department of Justice's push for the company to sell its Chrome browser to curb its monopoly on internet searches, which could disrupt its operations and financials. Additionally, the UK is investigating Google’s dominance in the mobile browser market, and any negative outcomes from this probe could harm its competitive position. Compounding these challenges, increased competition from AI firms like Anthropic, which Amazon is heavily investing in, and the potential threat from OpenAI’s browser plans could erode Google’s market share in critical areas such as advertising and AI, further undermining investor confidence and long-term growth prospects. Break Blue dotted support, I believe we see $150.
NASDAQ:GOOGLShort
by SPYDERMARKET
Alphabet Inc. (GOOGL) Shares Drop Over 4.5% in a Single DayAlphabet Inc. (GOOGL) Shares Drop Over 4.5% in a Single Day As the chart shows, during yesterday’s trading session, the stock price of Alphabet Inc. (GOOGL), the parent company of Google, declined by more than 4.5%. The drop was driven by regulatory pressure on the company concerning its Chrome browser, which may face a forced sale or breakup. The US Department of Justice believes Google should end its monopoly on online search. A court case is scheduled for April next year, but the sharp decline in GOOGL’s share price reflects growing investor caution. The technical chart for Alphabet Inc. shares reveals further reasons for concern due to several bearish indicators: → The price reversed downward (indicated by an arrow) from the median line of the long-term channel (shown in blue). → All bullish progress made following the earnings report (as analysed in our 30 October coverage of GOOGL shares) has now been lost. → The price has broken below the boundary of the steep ascending channel, which had been in place since early September, increasing the risk of a breach of the lower boundary of the blue long-term channel. Currently, the price is holding support at the former resistance level of $167. However, will it be strong enough to counter the bearish momentum triggered by these developments? Analysts Remain Optimistic Despite recent turbulence, analysts maintain a positive outlook. According to a TipRanks survey: → 27 out of 34 analysts recommend buying GOOGL shares. → The average 12-month price target for GOOGL is $208. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
NASDAQ:GOOGL
by FXOpen
3
End of Google? Legal Battle against its DismantlingIn October 2024, the U.S. Department of Justice (DOJ) stepped up its approach against Google, signaling that it is considering a possible breakup of the tech giant as part of antitrust action. The case is the latest chapter in a long series of lawsuits against tech giants focused on competition in the search and digital ad markets. 1. Possible Antitrust Actions The DOJ has stated that it is considering both structural and behavioral remedies to curb Google's monopolistic practices. According to the department, measures that could be taken include: • Contractual requirements and prohibitions: To prevent Google from continuing to use its products, such as Chrome, Play and Android, to favor its search engine over other competitors. • Product non-discrimination requirements: Google could be forced to allow competitors to have access to the same opportunities on its platforms, such as access to emerging search and artificial intelligence (AI) features. • Search distribution agreements: Limit or prohibit exclusive agreements, such as those Google has with Apple and Samsung, that guarantee it to be the default search engine on devices such as the iPhone and other smartphones. These recommendations come after the ruling in August 2024, where a judge concluded that Google has a monopoly in the search market, violating Section 2 of the Sherman Act, which prohibits monopolies. 2. Potential Effects on Google's Distribution One of the DOJ's primary concerns is Google's ability to control the distribution of its products and, thus, its dominance in the marketplace. Suggested remedies seek to dismantle the current distribution structure that Google has established, which would include the creation of a “screen of choice” that would allow users to choose alternative search engines without being bound by default agreements with giants such as Apple. In addition, it raises the need to open up the data within Google's search index, including its AI models, to competitors. This could generate greater equality of access and improve competition in digital advertising. 3. The Impact of the Case and the Possibilities of Dismemberment Although some legal experts believe that Google will most likely have to eliminate certain exclusive agreements, such as those with Apple to be the default search engine on iPhones, the dismantling of Google seems less likely. This is due to legal complexities and the sheer size of the company, which generates millions in revenue through its search engine and digital advertising. In Q2 2024, Google Search & Other accounted for 57% of Alphabet's revenue at $48.5 billion, underscoring the company's economic power. Despite the magnitude of the potential penalties, Google has already announced its intention to appeal the ruling, which could prolong the process for several more years. In fact, Judge Amit Mehta indicated that he plans to issue a decision on remedies by August 2025, giving Google time to continue its legal efforts. 4. Global Repercussions and the Impact on Competition This case has implications beyond the United States. If the DOJ succeeds in imposing significant restrictions on Google, other regulatory authorities worldwide could follow suit. The European Union, which has already fined Google for similar practices in the past, could take additional action. The case also highlights growing global concerns about the power of large technology platforms and their ability to monopolize key sectors of the digital marketplace. From data management to control of ad platforms, Google remains a dominant player, sparking debate about the need for tighter regulation to ensure fair competition. Technical Aspect Google has faced a considerable increase in its results and this growth has caused the stock to recover its price since the end of September. If we look at the appearance of the candlesticks, an inverted shoulder-head-shoulder is forming, this would indicate that the recovery of the stock to its current highs at $193.31 is quite feasible. The current checkpoint is located at 165.47, so we must not lose sight of this possible decision of the regulator that tries to dismember one of the Magnificent 7. If the firm successfully reaches certain agreements and ensures its permanence without dismemberment, probably its next destination will be around $220-$240. Conclusion: A Future for Google in a Competitive Market? The case against Google highlights the conflict between business growth and the need to ensure fair and open markets. While a complete takedown seems unlikely, the DOJ's proposed actions could alter the way Google operates, allowing for greater competition in sectors where it has held dominance for more than a decade. With appeals and protracted legal processes, the final impact of these decisions could take years to materialize, but what is clear is that the path to regulation of the tech giants is closer than it has ever been. In short, this trial not only marks an important chapter in the regulation of Google, but also in the regulation of the entire technology industry, the repercussions of which will be felt for many years to come in the dynamics of global digital competition. Ion Jauregui - ActivTrades Analyst ******************************************************************************************* The information provided does not constitute investment research. The material has not been prepared in accordance with the legal requirements designed to promote the independence of investment research and such should be considered a marketing communication. All information has been prepared by ActivTrades ("AT"). The information does not contain a record of AT's prices, or an offer of or solicitation for a transaction in any financial instrument. No representation or warranty is given as to the accuracy or completeness of this information. Any material provided does not have regard to the specific investment objective and financial situation of any person who may receive it. Past performance is not reliable indicator of future performance. AT provides an execution-only service. Consequently, any person acing on the information provided does so at their own risk.
NASDAQ:GOOGLong
by ActivTrades