bullish breakout consolidating with clear flag pattern above the channel, a successful breakout will lead to 216 than 253 end target
GOOG trade ideas
GOOGL testing 200 multiple times NASDAQ:GOOGL May be seeing a new high after testing the psychological resistance at 200.00 multiple times. Furthermore, the stochastic shows overbought crossover but no strong correction is in place. in other words, the overbought signal is indicating strong buying interest rather than weakening expression. Also, price action signal higher lows within the range and as such, the positive buying is still strong. Volume remain healthy.
Maintain a buy with Target at 220, based on positive long and mid-term momentum.
Google shares Alphabet's (Google) expected Q4 2024 metrics include: Google Properties revenue at $63.43B (+10.9% YoY), Google Cloud at $12.14B (+32.1%), YouTube ads at $10.16B (+10.4%), and Google Search & Other at $53.18B (+10.7%). Total revenue is forecasted at $81.38B (+12.5% YoY).
Google short: An Update to price and time targetI've previously mentioned that I expect Google to go up towards earnings and then down. This is an update to the same idea but now that the waveforms are clearer, we can roughly gauge how it will move.
Of course, as of this writing, I do expect that the price target of $204.29 will be hit before the intersection of the trendline with the Fibonacci Extension level (which is on 6th Feb).
Take note that earnings after market hours of 4th Feb. What this means is that we have 2 scenarios with different ways to handle our trades:
1. Price will be hit before earnings: in this case, I expect price to crash immediately in after-hours and at the next opening.
2. Price will be hit after earnings: In this case, I expect price to move up in after-hours, gapped up even above our target price of $204.29 and then started to sell down.
$GOOG bullish spike and channelThis is a daily of GOOG. It has seen a bullish spike and the formation of a relatively tight bullish channel. Use this as a guide to add to tactical positions or to take relatively quick swings by buying at lower bound of channel and selling at upper. Let me know if this is of any use and I would like to hear some success stories or criticisms. Either way, best of luck and good trading.
-Mr Joseph
GOOGL Stock: Current Market OverviewNASDAQ:GOOGL
The stock has been in a consolidation phase since reaching its peak on December 17, signaling a period of indecision in the market. This range-bound movement offers traders a critical opportunity to monitor key levels, as these could indicate the next significant price move.
Let’s break down the critical technical aspects:
Support and Resistance Levels
Support Zones: The stock has established key support levels at $190.68 and $187.37 . These price points may act as floor prices, potentially providing a cushion against further declines.
Resistance Zone: On the upside, $202.29 is the level to watch. If the stock pushes above this mark, it could signal renewed bullish momentum, but if it fails to break this resistance, downward pressure may persist.
Potential Head and Shoulders Pattern
A key pattern that we should watch for is the Head and Shoulders formation . This pattern could begin forming depending on the stock's behavior within the current range. Here’s why this matters:
The Head and Shoulders: If the stock fails to break above the resistance at $202.29 and begins to trend lower, we could see the development of a bearish head and shoulders pattern.
Left Shoulder: Formed from the peak at $201.
Head: Occurred at the recent high of $202.29, where the stock may have struggled to push higher.
Right Shoulder: The right shoulder could begin to form around the $197.90 level, aligning with the 61.8% Fibonacci retracement, which often acts as a critical resistance level.
Neckline: The neckline for this pattern would be around the $187.37 support level. A break below this fractal would confirm the pattern, suggesting further downside for the stock.
Fibonacci Retracement and Extension Levels
Fibonacci retracement levels are useful tools for traders looking to identify potential reversal points. Currently, the stock is approaching the 61.8% Fibonacci retracement level at $197.90 , which could be a strong resistance area as mentioned above.
If the stock declines from here, the $179 level becomes a critical target, coinciding with the 161.8% Fibonacci extension . This area could act as an important support zone for multiple technical reasons.
Bullish Shark Pattern
An interesting development to consider is the potential formation of a bullish shark pattern around the $178.15 level, aligning with the Fibonacci extension. The 38.2% Fibonacci retracement at $181.24 may also come into play, strengthening the ascending trendline support formed since the early September lows.
If the stock approaches these levels, we should monitor for signs of reversal. The trendline support could act as element of support for a bullish recovery if the stock shows signs of bouncing from this area.
Key Takeaways
Watch the $187.37 Support: This level is critical for traders monitoring the potential for a head and shoulders pattern. A break below it could signal further downside, with the $179 level as the next key target.
Resistance at $202.29: The stock is currently capped by this level, and we should monitor for a breakout. If the stock surpasses this resistance, expect bullish continuation.
Fibonacci Levels: The 61.8% Fibonacci retracement at $197.90 and the 161.8% extension at $179 are important price points to watch for potential reversals.
Bullish Reversal Potential: A bullish shark pattern could emerge at the $178.15 level, supported by the 38.2% retracement at $181.24. This may offer buying opportunities.
Final Thoughts: The Uncertainty Ahead
While these technical patterns and levels provide a framework for understanding the stock's potential movement, it's important to note that this scenario is not guaranteed. The stock could easily break above the $202.29 resistance, in which case we may see further upward movement supporting the bullish trend.
Happy Trading,
André Cardoso
GOOG - Divergence ~$167 & $178There is a clear divergence between price and momentum (RSI) on the daily chart.
The ~$178 and ~$167 levels are key areas where I anticipate the correction could bottom, potentially marking the start of a new upward move.
GOOGL at a Key Inflection Point! Trade Setups for Jan 23 Analysis:
Google (GOOGL) is currently trading near a critical resistance level at $200, which coincides with the highest positive Gamma Exposure (GEX) and a significant psychological round number. The price action suggests a potential breakout or rejection scenario.
Technical Observations:
1. Trend Analysis:
* GOOGL is forming an ascending triangle pattern on the hourly chart, indicating bullish consolidation.
* Higher lows reinforce buying pressure.
2. Key Levels:
* Resistance: $202 (recent high and 3rd call wall)
* Support: $192.5 (major support level and put gamma wall), $187.3 (next key support)
3. Indicators:
* MACD: Shows a weak bullish crossover, suggesting momentum is building but not yet decisive.
* Stochastic RSI: In the overbought zone, hinting at potential short-term exhaustion.
4. Volume Profile:
* Increased volume near $200 suggests significant market interest at this level.
GEX Insights:
1. Call Walls:
* Key Call Levels: $202 (3rd call wall) and $205 (2nd call wall). These levels act as resistance where call sellers might hedge, amplifying upward movement if breached.
2. Put Walls:
* Key Put Levels: $192.5 and $185. These serve as support levels where put sellers may defend prices.
3. IVR and Options Activity:
* IVR: 53 (indicating above-average implied volatility).
* Options Flow: Call volume dominates with 27.6% skew, highlighting bullish sentiment in the short term.
Trade Scenarios:
Bullish Scenario:
* Entry: Break above $202 with strong volume.
* Target: $205 (next resistance) and $210 (longer-term resistance).
* Stop-Loss: Below $198 to minimize risk.
Bearish Scenario:
* Entry: Rejection at $200-$202.
* Target: $192.5 (support) and $187.3 (next key level).
* Stop-Loss: Above $203 to limit losses.
Actionable Suggestions:
* Monitor price action around $200-$202. A decisive move above or rejection will define the next direction.
* Keep an eye on options flow. Increasing call open interest near $205 may signal bullish continuation.
* Be cautious of overbought signals from the Stochastic RSI.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and manage your risk before trading.
GOOG is going for the GAP fillAfter the HAGOPIAN, I expect price to go for the GAP fill, which is at the L-MLH.
Maybe a partial fill is the right way to take profits. Because if price open & close outside the L-MLH, we can expect further downside.
gollgle long bestGoogle has been consolidating past few months now earnings coming an d pelosi loading google with a ascending triangle breakout makes google a perfect recepie to buy
I will be a buyer at this level. Only megacap that has not broken its 2023 highs
Major Price Movement Incoming for GOOG!Signalist has detected a precise pattern in NASDAQ:GOOG trading activity, signaling that a substantial price movement is imminent. This isn’t a random fluctuation—it’s a carefully analyzed precursor to a significant market event.
📅 What to Expect:
⌛ Timeline: Anticipate a major move within the next 1 to 4 upcoming 3-hour candles.
📈 Monitor the Charts: Keep an eye on GOOG’s price action over the next few candles.
Prepare Your Strategy: Whether you’re bullish or bearish, have your trading plan ready to capitalize on the move.
GooglShort anything near 200.. stop loss above 205...
Looking for that 175 gap close or wedge support by earnings or from earnings ..
Rising wedge here
And once support breaks you will see googl at 116
Google Short: Completion of 5 wavesThe chart shows how I think the waves have played out for Goog (and Googl). The last 5 waves (in green), is an ending diagonal, which explained the overlapping waves.
GOOGL Trade IdeaPrice today was rejected at a 1.618 Fibonacci level. I entered a successful short position and intend to get back in for another day trade.
Since it previously reacted to a Fibonacci level, it may continue to do so.
The 1.618 for Fibonacci 2 happens to be the start of Fibonacci 1, which is also a previous high/resistance point.
Price is already headed down.
I'm looking for an entry based on a 50% retracement from a Fibonacci on the 5 minute chart, which I have since deleted.
The target is the 1.618 Fibonacci level for Fibonacci 2.
KEY:
-White Horizonal Lines: Previous High or low/resistance level.
-Fibonacci Retracement: I've removed all the levels except 0, .50, 1, 1.618, and 2.618.
GOOGL Approaching Key Resistance! Watch for a BreakoutAnalysis:
Alphabet Inc. (GOOGL) is trading near the critical resistance zone of $200, forming a potential rising channel. Recent volume spikes suggest heightened interest, while the MACD and Stochastic RSI indicate mixed signals. The MACD is neutral with minimal momentum, while the Stochastic RSI is entering overbought territory, signaling caution for bulls.
The price is consolidating near $196-$197, a level with strong gamma resistance, which will likely dictate the next major move.
Key Levels to Watch:
* Resistance Levels:
* $197.50-$200: Immediate resistance zone and gamma wall.
* $205: Extended target if $200 breaks with momentum.
* $210: Long-term channel resistance and high GEX level.
* Support Levels:
* $192.50: First support aligned with HVL and key gamma positioning.
* $187.50-$185: Strong downside support zone.
GEX Insights:
* Gamma Exposure (GEX):
* Significant positive GEX at $200 indicates strong resistance.
* Downside GEX support levels are at $192.50 and $185.
* Options Activity:
* IVR: Moderate at 47.7, suggesting elevated implied volatility.
* Call/Put Ratio: Bullish, with higher call interest near $200.
Trade Scenarios:
Bullish Scenario:
* Entry: Break above $200 with increasing volume.
* Target: $205 (first target), $210 (extended target).
* Stop-Loss: Below $195.
Bearish Scenario:
* Entry: Rejection near $200 with bearish price action.
* Target: $192.50 (first target), $187.50 (extended target).
* Stop-Loss: Above $201.
Directional Bias:
The bias leans cautiously bullish due to the upward trend and consolidation near resistance. A breakout above $200 would confirm strength, while a rejection could lead to a retest of lower support levels.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and manage your risk before trading.
GOOGLE - Trade Analytics InsideNASDAQ:GOOGL looking like a SNACK! 🤤
🔹Green H5 Indicator
🔹Triangle breakout
🔹Bullish Wr%
🔹Volume shelf launch
🎯$203🎯$217 before March! ⏲️
Not financial advice
Google (GOOGL): Bullish Reversal in Play – Eyeing $237 TargetBullish Engulfing and Fibonacci Channel Support
Last week’s green candle on the weekly chart of NASDAQ:GOOGL has engulfed the main body of the previous red candle, signaling a potential trend reversal. Moreover, the price has respected a key support level within the Fibonacci channel, further strengthening the bullish sentiment.
Key Observations:
Fibonacci Channel:
The stock is moving well within an upward Fibonacci channel, indicating a healthy uptrend.
Current support is holding at the midline, confirming buyers' interest at this level.
Bullish Candle Formation:
A clear bullish engulfing candle pattern has formed, a strong reversal signal.
Upside Potential:
Based on Fibonacci extensions and channel resistance, the next major target lies at $237, offering a ~20% upside from the current levels.
Moving Averages:
The price is trading above key moving averages (20, 50, and 200-week), reinforcing a strong bullish outlook.
What to Watch:
Volume confirmation will be crucial to validate this move.
Keep an eye on the support at $173.96 and $167.59 (short-term MAs) to manage risk effectively.
💡 Trade Idea:
A breakout above $196 could provide a clear signal to ride this uptrend. Consider trailing stops as the stock approaches $237 to lock in gains.
$GOOGL $GOOG - What do you think?NASDAQ:GOOGL NASDAQ:GOOG if this cup and handle plays out, it could reach $225. 👀
As always, I share my opinions and trades. I’m not suggesting anyone follow my trades. You do you.
The Ecstatic 3 Step System: The Glow Of Google Price ActionGoogle stock is one of the tech companies that is going to recover
during this market downturn that we went through
Now look at the MACD indicator in this
chart you can see that the price is undervalued
this is the best time
to buy a stock price
also if you look at the candle stick pattern
it is very much near the new high breakout position
Now there are many ways to find
these kinds of patterns
That is why you have to develop your
own strategy but that doesn't mean
i won't share with you how i began learning
about technical
analysis you see in the beginning i could
not even recognise the chart patterns
And so i had to master this strategy
thanks to M. Kratter who wrote
the book “Rocket Stocks” which you
can find on Kindle Amazon library
i mastered this strategy
and i developed my own strategy
which i call the rocket booster strategy
this strategy has 3 steps which are:
The price has to be above the 50 EMA
The price has to be above the 200 EMA
The price should rally up or break out
The last step is very very important
because remember you are looking for that
rally upwards.
Also notice that the RSI below has crossed meaning the buyers
already won the market price war
before this breakout that is above to happen.
Rocket boost this content 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
also, feel free to use a simulation
trading account before you
trade with real money
GOOGL Consolidation at Key Levels! Trade Setups to WatchAnalysis:
GOOGL has entered a consolidation phase, trading within a tight range near $190-$195 after a strong run-up. The stock faces overhead resistance at $197-$200, as indicated by strong call walls in the GEX data. The MACD is neutral, suggesting indecision, while the Stochastic RSI shows oversold conditions, indicating a potential bounce is possible.
Volume remains relatively muted, emphasizing the consolidation. However, a breakout or breakdown from the current range could set the stage for the next directional move.
Key Levels to Watch:
* Resistance Levels:
* $195-$197: Strong resistance zone aligning with the highest call walls.
* $200: Psychological barrier with significant gamma resistance.
* Support Levels:
* $190: Key support level for the current range.
* $187.50-$188: Strong GEX put support.
* $182.50: Final downside support and critical zone to hold.
GEX Insights:
* Gamma Exposure (GEX):
* Positive GEX levels dominate near $197-$200, suggesting strong resistance to upside moves.
* Negative GEX levels around $188-$187 provide key support zones.
* Options Activity:
* IVR: Moderate at 48.7, reflecting manageable implied volatility.
* Call/Put Ratio: Calls are relatively lower (19.3%), indicating bearish skew.
Trade Scenarios:
Bullish Scenario:
* Entry: Break above $195 with increasing volume.
* Target: $200 (first target), $205 (extended target).
* Stop-Loss: Below $192.
Bearish Scenario:
* Entry: Break below $190 with selling pressure.
* Target: $187.50 (first target), $182.50 (extended target).
* Stop-Loss: Above $193.
Directional Bias:
Neutral to cautiously bearish, as the stock remains range-bound with strong resistance overhead. A decisive break above $195 or below $190 will likely dictate the next trend.
Actionable Suggestions:
* For Scalpers: Trade the $190-$195 range until a breakout or breakdown occurs.
* For Swing Traders: Monitor the $187.50-$200 range for breakout/breakdown opportunities, aligning with GEX resistance/support levels.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and manage your risk before trading.
Bearish Way for $GOOGL (End Of Jan)Bearish Way for NASDAQ:GOOGL (End Of Jan)
185 is Target for GOOGL in End of Jan, Do you think so ?
GOOGL Tests Key Levels! Can Bulls Break Through?Technical Analysis Overview:
1-Hour Chart:
* Trend: GOOGL is recovering from a recent pullback, now testing resistance near $195.50.
* Indicators:
* MACD: Shows bullish momentum slowing as the histogram shrinks.
* Stochastic RSI: Overbought at 96.69, suggesting a potential pullback or consolidation.
30-Minute Chart:
* Price Action:
* GOOGL has rebounded off $190 support and is approaching resistance at $197-$200.
* Volume has picked up during the move, supporting bullish activity.
Key Levels to Watch:
Support Levels:
* $190: Immediate support zone.
* $187.50: Strong support aligned with the HVL and PUT support.
* $182.50: Next support, close to the 2nd PUT Wall.
Resistance Levels:
* $195.50-$197: Key resistance, aligned with the 2nd CALL Wall.
* $200-$202.50: Major resistance zone, coinciding with the 3rd CALL Wall.
GEX Insights:
Key Gamma Levels:
* Positive Gamma Walls (Resistance):
* $197: 94.54% GEX (2nd CALL Wall).
* $200: 69.41% GEX (3rd CALL Wall).
* $205-$210: Higher resistance, marking extended upside targets.
* Negative Gamma Levels (Support):
* $187.50: Significant support (-2.03% GEX).
* $182.50: 2nd PUT Wall (-0.94% GEX).
Options Metrics:
* IVR: 50.2, indicating moderate implied volatility.
* IVx: 33.5, slightly below average.
* Call/Put Bias: Calls dominate at 16.8%, reflecting a bullish tilt.
Trade Scenarios:
Bullish Scenario:
* Entry: Above $197 with volume confirmation.
* Target: $200-$202.50.
* Stop-Loss: Below $190 to limit risk.
Bearish Scenario:
* Entry: Rejection at $197 or breakdown below $190.
* Target: $187.50-$182.50.
* Stop-Loss: Above $200 to minimize losses.
Directional Bias:
* GOOGL’s move toward $197 suggests bullish potential, but overbought conditions and resistance at $200 may slow further gains. A confirmed breakout above $197 could target $200-$202.50, while failure may lead to consolidation near $190.
Conclusion:
GOOGL is testing critical resistance near $197. A breakout could push the price toward $200-$202.50, while a rejection may pull it back to $190 or lower. Monitor volume and momentum closely for actionable trade setups.
Disclaimer:
This analysis is for educational purposes only and does not constitute financial advice. Always conduct your research and trade responsibly.
Upward parallel Channel Google is moving strangely but nevertheless currently moving up a parallel channel, using the anchored volume profile tool we have the VAL at 189.27 and the VAH at 196.55 and the POC at 193.47, we can consider those key levels, and a positive entry when we get price action above the short term trend line, the price is currently resting on the 200 EMA and the VAL and the bottom of the upward parallel channel, watch out for fake outs and for bearish break out of the parallel structure.
