Tough Days for Google StockGoogle stock have 2 scenario for daily time frame
1. If goes above $100 and reach $103~$105, after some consolidation reach above levels.
2. If it is not able to cross $102 zone, $95~$93.6 will be the first support zone.
ABEC trade ideas
[Watch it] Sub 100$ GOOG looks interesting for some DCAWhile was originally looking for some long term buy opportunity at 90$ and below, given the overall picture i started DCAing right from here close to the 95$ mark.
Reasons:
1) Pretty extended and unprecedented RED TD count on M
2) CMF sub-zero, unprecedented as well
3) Close to 0.5 FIB
4) ongoing bullish divergence on RSI
5) Price close to lower BB
Will accumulate down into the blue box, having the opportunity.
That said it may bounce off the 0.5 FIB, eventually.
Mind the risk.
DYOR, highly speculative trade.
Prettified chart:
Price channel in $GOOG downtrend$GOOGL has been trading within a price channel in its current downtrend. With trends, we don't fight them. When the structure is broken, we will reanalyze the stock to see if new characteristics has been made. Until then, we will see if the top of the channel provides further resistance. If so, puts would be in order.
Analysis of Google before earnings Google stock has faced plenty of setbacks. With ChatGPT, a lack of new products and services, Ad revenue declines and a slowing economy all create hardships for investors. Competition against google has increased with $MSFT investing $10 Billion in the AI system, creating threats to Google. With this all in thought, my prediction is that ad revenue again is going to be weak. Google's stock will drop at least 6%
Buy idea: Bullish ChannelAs you see on chart we will have a big probability of buying because we have a spring effect on the support line. So after the breakout with force the resistance line by a big green candle with a large green volume it's mean that we will have an uptrend. We must be vigilant because in other hand if we have the breakout with force the vwap indicator and the support line we will have a downtrend continuity..Thanks..!
Technical Analysis of Google (NASDAQ:GOOG)Hello guys,
I am sharing with you my analysis of Google.
I think the stock looks pretty cheap at the moment and it is forming a beautiful Double Bottom.
This is further supported by a MACD Bullish cross and upward trending RSI, which is above the 50 line.
Overall I think it has an appealing risk-to-reward opportunity.
What do you think?
GOOG entry Google has earnings growth that make it attractive at this point in time. I like $106 for a short term price target.
GOOG decreasing of sellerGOOG decreasing momentum of seller. Let see the stock will make bull move or continue make new LowerLOW
GOOGL Potential for Bearish Continuation| 13th January 2023Looking at the H4 chart, my overall bias for GOOGL is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. Looking for a sell entry at 91.61, where the 38.2% Fibonacci line is. Stop loss will be at 99.53, where the minor high and 78.6% Fibonacci line is.
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Google WXY Pattern Targeting A $74 TestIn this update we review the recent price action in Google and identify the next high probability trading opportunities and price objectives to target
Alphabet Inc (GOOG)Graphically we still have two very important supports which are concentrated in the $76 area and subsequently at $64. The stock's drop was significant and cleaned up many of the excesses of QE. Digital advertising market has been struck by a slowdown in spending in the past few quarters, let see in the next earning season.
GOOGLE 20% Potential Bounce1. WT_LB is below oversold line
2. CM Williams Vix Fix is in oversold area
3. SQZMOM weekly divergence
GOOGLE Either OrI can see in the chart some key numbers that appear to be coinciding with support and resistance levels, I will be looking to go long just above 85 and short just below the 100.
$GOOGL Falling Wedge BreakoutStock broke out of a bullish falling wedge, supported by large institutional buys visible on the 1 hour chart at the beginning and end of recent days. Friday the trendline was retested and today the upward movement continued. Can see this carry up towards 93-94 on a break of 90 with momentum. SPX has a gap to fill around 3950, this can get carried up along with it.
$GOOG CONSOLIDATIONThere’s a few possibilities for GOOG here:
1. Forming a consolidating Pennant/Flag
or
2. Forming a Double bottom
Google Stock is DecliningGoogle is on a Downtrend since the beginning of 2022.
Now it's a good opportunity to jump on the trend at the level of 209 MA.
There is a huge R/R of 1/4.
the potential Targets could be 78.6% Fibonacci level and as second Target 100% Fibonacci level.
Google - Bullish Harmonic The tech stocks witnessed deep corrections of over 30% on Nasdaq.
Nasdaq was one of the most underperforming indices in US and the bearish momentum prolongs on the first day of 2023.
The Bullish Harmonic pattern on $Goog confirmed the reversal but today's dip seems an opportunity to go long.
The pattern negates on breach of $80.
GOOGL, 8d/-15.63%falling cycle -15.63% in 8 days.
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This data is analyzed by robots. Analyze historical trends based on The Adam Theory of Markets (20 moving averages/60 moving averages/120 moving averages/240 moving averages) and estimate the trend in the next 10 days. The white line is the robot's expected price, and the upper and lower horizontal line stop loss and stop profit prices have no financial basis. The results are for reference only.
GOOG inside downtrend channelBoth Short & Long ideas.
Goog continue down trend. May bounce for few days then continue downtrend.
Short near upper TL.
Long at lower TL.
I am still 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. What I call a TRIO retest!
📉 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
