GOOGLE is in highly oversold territoryThe GOOGLE is in highly oversold territory. Beware of a trend reversal. Despite weak quarterly results, GOOGLE makes great long-term investments.
GOOG trade ideas
UpdatePlease follow the link re initial idea.
I have updated the forecast, added a WXY channel with a potential take profit target.
Trade safe
I am Googling A Trend Following Setup!💻Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
🗒 GOOGL has been overall bearish from a medium-term perspective trading inside our red channel. However , it is currently approaching the lower blue trendline acting as a non-horizontal support.
Moreover , the zone 70.0 - 77.0 is a strong support and demand zone .
📌 So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the green demand zone, lower trendline in blue acting as support, and lower trendline in red acting as an oversold area.
📉 As per my trading style:
As GOOGL approaches the lower purple circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
ALPHABET BEST STOCKAlphabet is by far one of the best stocks to hold because it has all the ingredient to keep growing. It has a lot of business that are under the radar and that could be a spin-off in the future, meaning they will create huge amount of wealth to their shareholder.
Think of things like Waymo. If it had to receive a spin-off it will be valued maybe like half of the current stock value.
Incredible bargain opportunity, but first wait for the retracement to end
SELLGOOGL in strong down trend going straight to the volume area.
Don't buy until the "BUY AREA" level.
I want to go long Googl so badly. PT $115I think we are entering a buy zone for Googl, but the Fed will probably screw retail over and well will be seeing $85 no doubt. if we get a pivot, expect huge advances in the markets.
GOOG monthly end of wave 4 ABC correctionBuy shares of GOOG Stop at $97.28
GOOG monthly end of wave 4 ABC correction I think that's it.
"GOOG" Homework Strong Buy
Disclaimer: The analysis information is for reference only and does not constitute an investment recommendation.
High RS 129
Target 1 " 102
Target 2 " 110
Low 96.58
Un balance 96.58
Make entry at share price 96.58 exit 1 "102"
Make entry at share price 96.58 exit 2 " 110"
Make entry at share price 110 exit 3 "115"
Make entry at share price 115 exit 4 " 135"
The average GOOG stock price target is 132.15 with a high estimate of 160.00 and a low estimate of 115.00.
Institution 4.19k
Institutional holding 228.16m
Owned 34.65%
Shares outstanding 12.94b
Increased , institution 1.42k shares 10.78m
New , institution 145 shares 472.31k
Decreased Institutions 1.27k shares 12.77m
sod out institution 120 shares 518.12k
Short GOOGEquities indices seem to be having relief rallies but I suspect all will be short-lived & bearish trend will continue
GOOG 2D bullish hammer in the end of ABC correctionOrder BUY GOOG NASDAQ.NMS Stop 97.33 LMT 97.33 will be automatically canceled at 20230401 01:00:00 EST
GOOG 2D bullish hammer in the end of ABC correction. That might be it for GOOG in terms of correction.
$GOOG with a Bearish outlook following its earnings #Stocks The PEAD projected a Bearish outlook for $GOOG after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 50%.
Reversal about to start in Google!At this juncture we can see a clear completed 5 waves structure for Google on the daily timeframe confirmed by a bullish divergence with the RSI.
It would be nice to see the prices fall between the $89-$91 area where we can find a cluster of fibonacci's ratios.
If prices manage to bounce back from this target or even slighter before, prices should at minimum travel to $113 level in a corrective manner. Even though, this might look exciting for bulls, it will only be a rally before resuming the downtrend that will push prices lower than the temporary low that Google will make soon.
Overall, I am expecting the bottom of Google to happen any time soon and a rally all the way up to $113 for the weeks to come.
GOOGLNot financial advice. The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
ALPHABET (GOOGL) 1D - Can BIG TECH FALL more in next quarter ? Holle Traders and Investors,
You can see Q3 resuluts of Big tech companies reported during recent days. Despite Alphabet reported growth (small but important) market is pricing it as slow / negative.
CEO pointed out possible declines in revenue with potential crisis. Could the following months be critical for further decline ?
In my oppinion, Technical analysis shows it could be. But as usual it depends on the point of view of the observer and interpretation of TA.
So take it with a grain of salt. The stock could fall another 30+ %. As long as the market gives as unclear signal we can come up with a strategy where the price could be interesting for us to BUY.
I will watch long term supoorts around "Pre-Covid" prices + wait for RSI / MACD 1W convergce to chatch it as close to bottom as possible. Next 3 months could be very important.
Do Your own homework before buying any stock ;)
Trade and invest safe...
meta misses earnings, down 25% total today #meta Meta missed earnings by 11%, fx and less ads revenue hurt, as well as revenue decline from reality labs. Ads decline and fx effects from strong dollar seem to have hurt most companies so far. These large caps are the biggest and leaders. What could this mean for the rest of the economy and small stocks?
NASDAQ:AAPL NASDAQ:GOOG MSFT AMZN TSLA META
