July Trades (GOOGL, account up 2.99%)3rd day trade in July is NASDAQ:GOOGL .
Account is up 2.99%.
Total return in July is 5.03%.
GOOGL trade ideas
GOOGLE - BULLISH SCENARIOAlphabet Inc is situated in the lower range of a robust and upward short-term trend, suggesting a potentially favorable buying opportunity. It is worth noting that if the lower trend floor at $117.50 is breached, it could indicate a slower pace of growth and potentially serve as an early warning for a shift in the trend. Based on the present short-term trend, the stock is projected to experience a 16.42% increase over the next three months. With a 90% probability, it is anticipated that the price will range between $136.79 and $157.66 at the conclusion of this three-month period.
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Put credit spread GOOGLmacro: snp500 QQQ uptrend
News: inflation flattening
TA : Break of counter trend line
STOP: rolling till worthless options
risk: earnings on 25th july
GOOG - Bullish PushHowdy Traders!
I would like to inform you guys on another bullish trade for this and next week. NASDAQ:GOOG has been creating a strong parallel wedge, and it was just today where it broke-out of it. Although this may be a late post, the price target for NASDAQ:GOOG is sitting at $128.35. However, the take profit zone would probably be around $128, just to be sure.
Bona Fortuna!
Cursed Google chart$GOOG has created a massive hype cycle (wall street market cycle) that looks like it's due for a crash. Enjoy the short!
GOOGLE Approaching the bottom of the 6 month Channel Up.Google is under the 1day MA50 and is gradually turning into a buy opportunity.
The ideal level is as close to the bottom of the 6 month Channel Up as possible, with the RSI near the oversold 30.00 limit.
Buy after the MACD forms a Buy Cross, which was the confirmed signal in the previous two bottoms.
Target Resistance A at 129.50.
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GOOG why we are stopped For today The chart posted is that of GOOGLE . I still see us peaking at 133/135 no change
buy googlBuying googl now has a strong opportunity to enter at the moment. In my analysis, it relied on trends, support, resistance, geometric shapes, Jean and some other things I look at.
GOOGLNo clue if it gets there, but if GOOGL does get to $103-107, I'm loading up. Needs to hold that level tho, not interested if below $103.
googl LONG it hit few floor area and now its going back up to create new resistant
It nay drop to fib level than go up
Trading Google to $135.Summary of the classic technical indicators on its daily chart: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Alphabet is trading above both its 20 and 50 period moving average (respectively at 123.76 and 123.63).
According Zacks Investment ...
Alphabet's strong cloud division is aiding substantial revenue growth. Moreover, expanding data centers will continue to bolster its presence in the cloud space. For 2023, we expect Google Cloud revenue to grow 11.9% from 2022.
Major updates in its search segment are enhancing the search results. Also, strong focus on innovation of AI techniques and the home automation space should aid business growth in the long term.
Its deepening focus on wearables category remains a tailwind. Also, Alphabet’s expanding presence in the autonomous driving space is contributing well. Its growing efforts to gain foothold in the healthcare industry are other positives.
Sluggishness in the company’s advertisement business remains a major headwind. Also, its growing litigation issues and increasing expenses are concerns.
$GOOG Long!Looking to long NASDAQ:GOOG
Will need to watch this but we have a strong show of a major weakness now at 117.56. It will likely be tested very shortly as indicators are showing red, red and red!
As we move upwards, GOOG will likely retest 113 region to check for support, in this bid, my long will likely be placed at 113.53. Not to mention, by pulling over a Fib, it sits nicely at 0.618 level. Giving us a key shot.
From 113 I expect a gradual upswing into 130 region revisiting 131 support. (Noting key areas to drop off profits at)
In the past few trades, I have expressed dissatisfaction with missing trades due to entries not being hit. In my bid to become a stronger trader, I've reflected that this mindset is 100% incorrect. As I have checked over for possible entries, at the time of each Idea, I had taken the limit entry I had felt best and, since I have not lost money on these entries, these are not issues that should totally derail the system. Nonetheless, theres always more to learn and, I am always open to listening or hearing opinions on entries from anyone!
Wishing everyone the best!
$GOOG Short!Happy 4th to all you Americans! Hoping this short will work out, technicals are looking good. I have a NASDAQ:GOOG short coming in, here are the entries and exits for my positions followed by my rationale.
Entry: 128.61
TP1: 124
TP2: 120.05
TP3: 116.5
TP4: 113.37
Rationale:
1) Volume slowing: On the Weekly TF, the volume has significantly slowed down showing a lack of buyer conviction
2) Momentum is... good? Momentum for now is about 54 showing a sign for Buys yet, when cross compared to other indicators and liquidities, it paints a far different story.
3) Divergence: On D TF there is clear bearish divergence.
4) Wyckoff Distribution: Thus far, I am identifying the recent low as a ST MSOW, major show of weakness. A strong lack of conviction to move into higher regions. I expect a small bounce as last point of resistance but a short in inevitable.
Strong feeling about this call! Technicals look right to me, lets print boys.
GOOGL: downtrendOn GOOGL as you see on the chart we have the breakout with force the vwap so it's mean that we will have a big probability to have a downtrend.Thanks.
Google targeting $60- GOOG has hit our prime .618 level for a W2/B wave to now start our decline into the C wave or possibly a W3, both of which are destruction to one's portfolio. If you have no exited your postion in GOOG I would do so soon because when you think its going to bounce back off any support.. it won't and you will regret not selling out at $119 when it is sitting at $60.
I would not be a buyer here, but I would be a buyer for PUT OPTIONS.
An Short Idea whose time has come. GOOGI am seeing a short on Alphabet. There is a confluence of factors.
We crossed BC line on the latest zigzag. The increased momentum at each peak is dubious as volume (CMF) indicator is showing multiple indicators. DeMark's is showing a setup alone and Bolingers are rejecting price at the midline.
It may be an incoming C Wave to a huge Flat or a X wave to a prolonged B, time will tell.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe.
#GOOG Breakout on a high volume and then consolidation - #GOOG Breakout on a high volume and then consolidation on lower volumes.
Loving this setup.
ALPHABET: Double Bottom Spotted ALPHABET: Double Bottom Spotted.
After a long downtrend market, a double bottom is spotted in daily time frame.
The downtrend Market structure has already been broken in last two trading sessions.
Investors are showing more interest in this stock.
This may result in a bullish rally of the stock.
Stock is expected to test the level of 122$ per share in upcoming trading sessions.
On down side price level of 82$ per share may hold the key support.
GOOGL - Bullish caseBullish senario is we broke-out a falling wedge and retested already..
A move above last week high could confirm this.
Flow has been bullish for this week (07/07) and nest week 14/07.
MACD & TTM squeeze looks ready for another run.
momentume has been buliding
GOOGL - bearish caseAlthough flow has been bullish on this name
i can't ignore this bearish senario
we could have retested and rejected the neckline ... possibility of breakdown and filling below gap is high.
some news about google and pivase e has been circliting and that could push it down.
I don't know.. PRICE ACTION is king so let's focus on that
