Google update Google.update I was also aware.of the pick before touching 160 n 154 again the analysis itself was showing support aswell n ready to go,what is good about my analysis? it shows clear trend n right time to enter n simple to follow aswell am looking forward to hit 180 as a first tp n wish everyone who took advantage of it more blessings to you n your family.
GOOGL trade ideas
GOOG Technical Analysis on October 29, 2024:Key Levels
Resistance:
170.75 - 170.72: Major resistance range where GOOG has faced selling pressure.
169.23 - 169.16: Short-term resistance zone. If the price breaks above this, it may test the higher resistance levels.
Support:
167.61: First layer of support, which could provide a bounce opportunity.
165.76: Stronger support level; a break below this could indicate further downside risk.
162.78: Major swing support; likely to attract buyers if reached.
Entry/Exit Points
Scalping:
Entry: Consider entering near 167.61 if GOOG shows buying interest. A break above 169.16 could provide a quick scalp towards 170.72.
Exit: Exit scalps before key resistance zones, like 169.23 and 170.72, or on signs of rejection at these levels.
Swing Trading:
Entry: Watch for a retracement to 165.76 for a possible entry, especially if price shows consolidation around this level.
Exit: Consider exits near the 170.72 resistance zone or higher if momentum supports a continued rally.
Directional Suggestion
Bullish Bias if GOOG can maintain above 167.61 and break through 169.23; this could lead to a test of 170.75.
Bearish Bias if GOOG fails to hold above 165.76, with the next support level being 162.78.
Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Always conduct your own research and consider consulting a financial advisor before trading.
GOOGLE SHORT TRADE OUTLOOK ON EARNINGS REPORT DAY OCT.29, 2024NASDAQ:GOOGL
WEEKLY FUNDAMENTAL ANALYSIS:
>P/E Ratio (Quarterly Lookback): Google's P/E is currently at around 25, signaling overvaluation (typically anything equal or above 25 is considered overvalued).
>Correlation: Both Google's P/E ratio and value compared to Treasury bonds are flashing overvalued signals.
DAILY OUTLOOK:
>Short-term and long-term value correlations vs T-bonds and P/E ratios suggest the stock may remain overbought until the upcoming earnings report, which could act as a catalyst.
>Election Year Seasonality is strongly bearish as well.
TECHNICAL INSIGHT:
>GOOG may pull back to fill a previous price gaps before slowing down.
Stay sharp, traders! 🎯 #GOOG #ShortTrade #MarketAnalysis #Investing
Disclaimer: This post is for informational and educational purposes only and should not be considered financial advice. It reflects general market fundamentals and personal speculation. Always do your own research and consult with a professional before making any financial decisions. Trade at your own risk.
GOOGL Alphabet Options Ahead of EarningsIf you haven`t bought the dip on GOOGL:
Now analyzing the options chain and the chart patterns of GOOGL Alphabet prior to the earnings report this week,
I would consider purchasing the 165usd strike price Puts with
an expiration date of 2024-11-1,
for a premium of approximately $4.80.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
If You Can Buy Google Stock You Can Learn This #1 StepThe #1 step am talking about here is going to really shock you.
It actually the last step in the rocket boost strategy.
Especially when it comes to google NASDAQ:GOOGL
Now may be thinking,
“The last step should not be a gap instead it should be
the crossover of te moving averages”
Now am not going to say thats wrong.Because the last step
is really about market psychology.
On order for you to really understand market psychology
you are going to have to invest in some form of education
in yourself to understand this last step.
Ideally, you should be inside a financial newsletter so that
you give you mind some time to understand this process
because its a philosophy that you will need time
To believe in.The best shortcut is to learn how to campaign
If you want to not make money in the financial market
then you dont relly need to invest in your education, and that's
okay but if you want to really understand the rocket booster strategy than
you have to invest in your education about the stock market.
Rocket boost this content to learn more.
Disclaimer:Trading is risky you will loe money
wether you like it or not please learn risk mangement
and profit taking strategies.
Too Busy? Then Buy Google Stock To Understand This 3 Step Systemits been a boring weekend for me and this is why.
You see like most traders starting in the
trading industry i was used to sitting on my
chair and watching the price movements this was
a justification for “working” in the stock market.
Look at this chart again: NASDAQ:GOOGL
Now you may be thinking,
“You have to watch all the price movements to
know where you stand.”
This is not a true statement instead what you need
is a trading strategy called ”The Rocket Booster Strategy”
This strategy has 3 steps:
• The price has to be above the 50 MA
• The price has to be above the 200 MA
• The price has to gap up in a trend
Now if you want you can ignore this strategy and develop
your strategies. But if you want to understand trend analysis
then you need to read the next article titled: If You Can Buy
Google Stock, You Can Learn This #1 Step
Disclaimer: Trading is risky you will lose money
whether you like it or not please learn risk management
and profit-taking strategies.
#1 Way To Know If Google Will Gap UpGoogle is a technology company under the NASDAQ
Stock Exchange,
Because of the coming economic jobs report data that will
be released this week its going to be an interesting
week in the stock market.
You may be thinking,
“The market is at all-time high..it will probably crash”
Well am really not sure about prediction market crashes
but something is going to happen
to google NASDAQ:GOOGL this
and so be sure to be ready.
Now if you dont want to trade the stock then
That's okay you can stand on the sidelines
But if you want to trade the market with the
professionals then you can not afford to miss
this opportunity is coming this week.
In order to learn more read the next article titled: Too Busy ?
Then Buy Google Stock To Understand This 3 Step System
Disclaimer: Trading is risky you will lose money
whether you like it or not please learn risk management
and profit-taking strategies.
How Google Stock Made Me Shocked In 2 DaysGoogle NASDAQ:GOOGL is one of those stocks that
will really shock you
and here is why,,
You may be thinking
“ Have you not talked about Google too much?”
The answer is no. Because you really have to understand
that this week is probably going to
be one of the most epic weeks of the financial
markets
Why?
Because both the SP500 and DOW have fallen meanwhile
NASDAQ has had a steady performance so far
if you want to ignore this week then i will understand
but if you want to understand
how to really trade the stock market
then watch out for this week
read the next article titled: #1 Way To Know If Google Will Gap Up
Disclaimer: Trading is risky you will lose money
whether you like it or not please learn risk management
and profit-taking strategies.
Daily chart of the 7 MagnificentsHello,
Daily chart of the Magnificent 7 chart.
Are we heading towards a double top?
The 200-period simple moving average in orange is bullish.
On the chart, the 3 accumulation zones are indicated.
Elections are coming soon, things can change.
Make your own opinion before placing an order.
► Thank you for boosting, commenting, subscribing!
$GOOGNASDAQ:GOOG is setting up for the earnings (on Tuesday). Lots of patterns align here. Flag + inverse head and shoulders. Look for push above 167$. Just be careful becoz GOOG has rejected 100times under the 170$ & have a high chance it might reject again. But if this breaks, that's gonna be huge I guess becoz of the consolidation under the resistance for long time.
Stop Gambling And Start Investing...Google Will Gap In 2 DaysIts important that you start looking at the stock market as an investor.
You see its all in the #3 step in the rocket booster strategy.
Listen once you understand that gap-up part of NASDAQ:GOOGL
Then you have unlocked the secret to trading for a profit.
Understanding the last step is very hard.
But once i understand this step.It was like a light
to my feet on the journey to trading.
The hidden secret is in the promoters that promote the
stock this promotion cycle my mentor Tim Sykes calls it the
Seven Step framework.
If you want to understand this last step then you have to learn
more. Behind this last step is the key to your success in trading.
In order to understand this last step you have to invest in yout
knowledge because it won't be a free ride am sorry. You are going
to have to invest in more knowledge.
The best reference i can give you is to study digital marketing, and sales.
Or join a newsletter that is very good and that suits your goals
To learn more rocket boost this content.
Disclaimer: Trading is risky you will lose money
whether you like it or not
please learn risk management
and profit taking strategies.
Here Is The Method That Is Helping Google Stock To Gap in 2 DaysA stock gapping up is very important.Its easy for you to look
at the last step of the rocket booster strategy and think,
“This last step won't happen”
“What if it doesn't gap up?”
Listen to me NASDAQ:GOOGL has to gap up.In fact this gap should appear
on all the financial markets' news, blogs, and channels.
Hopefully, you have subscribed to at least one financial newsletter.
Worst case scenario your broker has a newsletter.
Listen this gap has to happen, at least 5% gap on the worst day.
But nothing lower than that.
If you want to trade without a gap up that's okay you
can go right ahead and “swing” trade.But if you want a ride
that will give you a better thrill then take the gap-up ride in the rocket
This gap up will boost your knowledge of market psychology which
is the king of trading the stock market.
This is what will give you an investing mentality in trading read the next article below title:S top Gambling And Start Investing...Google Will Gap In 2 Days
Disclaimer: Trading is risky you will lose money
whether you like it or not
please learn risk management
and profit taking strategies.
The 3 Secrets Of Google StockThis past week has a hectic ride in the stock market
plus energy price are rising so high.
When i first saw Google NASDAQ:GOOGL on my screener, it was hard for me
to visualise this price going up.
You see in the past i once thought of buying Netflix stock.
But i doubted the strategy,
I felt like I hit a barrier to entry when it comes to trading
“Will i make money from this trading business?” I thought to myself.
If you want to make a killing in the market then you
need a strategy.
A trend following strategy this strategy is called the
Rocket booster Strategy
1. Price has to be above the 50 MA
2. Price has to be above the 200 MA
3. Price has to gap up
To learn more read the next article
below titled :Here Is The Method That Is Helping
Google Sock To Gap Up in 2 Days
Disclaimer: Trading is risky you will lose money
whether you like it or not
please learn risk management
and profit taking strategies.
Who Else Wants Google Stock To Go Up? Within The Next 2 Days?I have been surppoting the rise of google NASDAQ:GOOGL
for the past week
and am sure you have noticed that.
This is because google represents a major market shift
that is in the stock market today.
Google will gap up on Tuesday after market hours...
“But Lubosi what if it doesn't?”
“What if you are wrong?”
Then am sorry. But you will have to wait and see.
If you want to stand on the sidelines while this big
huge market boom is going to happen then fine.
But am not standing on the sideline its either
you jump on this trend or miss it..
Jump on it you only have Monday left.
Once this train leaves the station i dont know
when the next opportunity will show up..
Then read the “The 3 Secrets Of Google Stock”
article below to learn more.
Disclaimer: Trading is risky you will lose money
whether you like it or not
please learn risk management
and profit taking strategies.
Google H4 sharp entry Hi traders this is my view on google this week I was thinking that it's gonna manipulate to 154 to take some impatient traders then goes up,but is all ready create strong support at 160,what do you do as a trader n investor,you take your calculated risk knowing that a signal can test 154 as is been adviced but 154 is invalid n market is likely to move up from current price,note that this is going to be a good n profitable set up too,let's just keep on winning together as one,I wish you all profitable week ahead be blessed 🙌🏽
GOOGL SHORTGoogle is expecting to realize his earning report Tuesday of this week ahead after hours exactly. The company ended breaking a bearish trend line the last week which had started since July 2024. If Tuesday before market close the company end with a defined bullish candle or a hammer candle, it means a clear movement going up.
Google / Waiting for the earnings reportGoogle refuses to break out of the 'stacked channel,' that channel where the candles are tightly packed side by side. It’s a bit frustrating that the price isn’t making any move or decision, but all we can do now is wait for the big earnings report day for the price to decide its direction.
Stay tuned on Tuesday, the 29th, after the market close!
Best Regards
Likely formation of H&S pattern in GoogleGoogle previously took support on its monthly support levels and started to move up and is now facing resistance at near 170 levels. Also, once crossed above 170, a likely head & shoulder pattern gets completed and then the upward journey for the stock begins.
What Alphabet’s Chart and Fundamentals Say Ahead of Earnings"Magnificent Seven" member Alphabet NASDAQ:GOOG NASDAQ:GOOGL is set to report the firm's third-quarter results next Tuesday (Oct. 29) after the bell. What does the company’s technical and fundamental analysis say about where shares could be going heading into earnings and beyond?
Let’s check it out:
Alphabet’s Fundamental Analysis
Consensus up and down Wall Street as I write this is for Alphabet to report $1.84 of GAAP earnings per share on $86.25 billion of revenue.
That would compare well to GOOGL’s year-ago EPS of $1.55, while also reflecting 12.5% in year-over-year sales growth -- more or less in line with Alphabet's annual revenue growth since mid-2023.
However, next week’s earnings could be a potentially tough release for the search-giant-gone-AI company, which also counts YouTube among its businesses and relies on advertising to produce revenue and cash flows.
This time around, Alphabet is facing a blizzard of concerns over its AI-related capital expenditures, as well as over the pertinent regulatory issues.
After all, GOOGL’s capital spending vaulted to $13.2 billion in the second quarter from $12 billion three months earlier.
Meanwhile, a court ruled in August that Alphabet's core Google unit constitutes a monopoly in general search services and text advertising. The U.S. Justice Department has even suggested breaking up the company into smaller businesses.
Such concerns might explain why GOOGL currently trades at a seemingly inexpensive 21 times or so of its estimated forward earnings. By contrast, forward price-to-earnings ratios for other Magnificent 7 stocks as I write are much higher, including:
-- Amazon NASDAQ:AMZN , 40x
-- Apple NASDAQ:AAPL , 35x
-- Microsoft NASDAQ:MSFT , 32x
-- Meta Platforms NASDAQ:META , 27x
In other words, investors have assigned a lower valuation to Alphabet than they have to many of its Mag-7 rivals.
Alphabet’s Technical Analysis
Now let’s look at Alphabet’s year-to-date chart:
This chart shows that GOOGL developed a so-called “rising wedge” pattern (the purple lines in the chart above) from late January into early July.
That’s historically a pattern of bearish reversal, and that’s exactly what happened to Alphabet. The stock peaked at $191.75 intraday on July 10, then pulled back beginning in mid-July and has yet to fully recover.
Now, that doesn’t mean nothing constructive has happened for Alphabet since July. Since GOOGL began its pullback, the stock also formed what’s known as an “inverted head and shoulders” pattern, denoted with the green lines above. That’s traditionally a bullish set-up.
But there’s one catch -- GOOGL is still working on taking the inverted-head-and-shoulders pattern’s pivot point, also known as the “neckline.” That’s right around $170, but Alphabet was only trading at $162.84 as of Thursday afternoon (Oct. 24).
And oddly, Alphabet has seemed to lose some pizzazz of late with investors. The stock has traded more or less sideways since Oct. 15, forcing GOOGL’s Relative Strength Index (the gray line in the chart above) towards neutral.
The sideways move has also smoothed out Alphabet's daily Moving Average Convergence Divergence (MACD), denoted by the gold and black lines and blue bars at the bottom of the chart.
So, while Alphabet’s chart is showing a seemingly bullish inverted-head-and-shoulders pattern as GOOGL moves towards earnings, the stock’s daily MACD looks less optimistic.
The MACD isn’t really bullish or bearish overall, but the histogram of GOOGL’s 9-Day Exponential Moving Average (the blue bars above) has edged into negative territory.
Meanwhile, GOOGL’s 12-Day EMA (the black line above) has slipped below the 26-Day EMA (the gold line), which is historically interpreted as a bearish set-up. This puts pause in the optimism that I first had in seeing GOOGL’s trading pattern.
Add it all up and Alphabet could certainly see a post-earnings breakout -- but if the firm doesn’t send the right signals in answer to investor concerns about capital expenditures and other fundamental issues, anything could happen.
(Disclosure: Moomoo Markets Commentator Stephen “Sarge” Guilfoyle was long Amazon and Microsoft as of the time of writing this column.)
This article discusses technical analysis, other approaches, including fundamental analysis, may offer very different views. The examples provided are for illustrative purposes only and are not intended to be reflective of the results you can expect to achieve. Specific security charts used are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. This content is also not a research report and is not intended to serve as the basis for any investment decision. The information contained in this article does not purport to be a complete description of the securities, markets, or developments referred to in this material. Moomoo and its affiliates make no representation or warranty as to the article's adequacy, completeness, accuracy or timeliness for any particular purpose of the above content. Furthermore, there is no guarantee that any statements, estimates, price targets, opinions or forecasts provided herein will prove to be correct. Moomoo is a financial information and trading app offered by Moomoo Technologies Inc. In the U.S., investment products and services on Moomoo are offered by Moomoo Financial Inc., Member FINRA/SIPC.
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Alphabet Poised to Pencil in Inverted Head and Shoulders PatternUpcoming Earnings
Alphabet Inc. (ticker: GOOGL) is scheduled to report earnings before the market opens on 29 October. The consensus Earnings Per Share (EPS) estimate for the fiscal quarter ending September 2024 is US$1.83. The reported EPS for the same quarter a year prior was US$1.55.
Inverted Head and Shoulders Pattern Eyed
The Ichimoku Cloud (formed between the Leading Span A and the Leading Span B ) has recently echoed a bullish vibe, with the Leading Span A journeying above the Leading Span B. Given this, and with price currently testing the Ichimoku Cloud as a resistance and struggling to drive things lower, a breakout higher may develop.
Assuming a breakout north comes to fruition, this may set up a potential inverted head and shoulders pattern. Chart pattern traders would want to observe the formation of the pattern’s right shoulder and a push above its neckline to confirm the configuration, extended from the high of US$168.64.
Price Direction?
The lack of selling within the Ichimoku Cloud, along with the Leading Span A crossing above the Leading Span B, could eventually prompt a breakout to the upside, taking on the upper Ichimoku Cloud and the inverted head and shoulders pattern’s neckline. A move higher, therefore, might trigger additional buying, in line with the overall uptrend in play since late 2022.
Why Google Is Gapping Up Soon - Part 4Sales and marketing and understanding this aspect of
the business world will give a super edge when
it comes to the financial markets.
You see nothing happens by chance.I finally get it.
You see business is about crowd madness.
You need to understand that the crowd
psychology is the key to buying and selling
stocks.
Such as the one you are looking at right now.
When i began studying about trading honestly
i had no idea about crowd psychology.
All i knew was that it was a very
an important aspect of stock trading.
But honestly, no one, and i really mean no one
is teaching crowd psychology with the
understanding of online business.
You see like i said in my last story where
i showed you about how i lost friends
surpport to start an online business.It was a
disappointing situation that really was a blessing
in disguise.
Sometimes it at your greatest weakness that you can
really understand the power of understanding marketing.
Even though i failed as an online entrepreneur,
that failure is the key that has helped me become
one of the best trading trend analysis experts.
Remember am a trend analysis expert thats my
strength but my edge is my marketing education
background.
Even though i failed to start a profitable online business
That failure gave me the edge to understand the crowd
psychology when it comes to finding the right stocks to trade.
Part of crowd psychology is this 3 step system:
1. The price has to be above the 50 EMA
2. The 50 EMA should cross above 200 EMA
3. The price of NASDAQ:GOOGL should be in an upward trend.
If you would like to learn more about
this trend analysis tool
called the rocket boost strategy
rocket boost this content.
When you rocket boost this
content you will learn more.
Disclaimer:Trading is risky you will lose
money wether you like it or not please
learn risk management and profit taking strategies