GOOGL Next?GOOGL is lagging behind all the tech stocks and has a great potential upside setup
I have my alerts set. This can be the next one to move.
I'll be posting weekly watchlists on my You tub channel, link in bio.
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GOGL trade ideas
Google LONG Moving Averages (SMA):
50-day SMA: $168.21
200-day SMA: $164.32
The current stock price is above both moving averages, indicating an upward trend.
Oscillator Indicators:
Relative Strength Index (RSI): An RSI value above 70 may indicate overbought conditions, while a value below 30 suggests oversold conditions.
MACD: A positive MACD value and its rise above the signal line confirm bullish momentum.
Chart Patterns:
Cup and Handle Formation: A "cup and handle" pattern is forming with a resistance level around $182.02. A breakout above this level could lead to a significant price increase.
GOOGL’s Next Move: Charting the Path with Strong FundamentalsAs of December 7, 2024: GOOGL Trading at $174.71
Fundamental Overview
GOOGL remains a dominant force in the technology sector, backed by robust fundamentals that highlight its financial strength and growth potential. Here are some key metrics:
* Forward P/E Ratio: ~19.90, indicating a reasonable valuation relative to expected growth.
* Expected EPS Growth: Analysts project a 5-year EPS growth rate of 21.03%, showcasing strong profitability expectations.
* Expected Revenue Growth: Forecasted 5-year revenue growth of 10.99%, signaling steady expansion in core businesses.
* Net Margins: At 27.74%, Alphabet exhibits impressive operational efficiency.
These metrics reinforce Alphabet's position as a growth-oriented mega-cap stock, blending innovation with consistent financial performance.
Technical Analysis and Trading Plan
Overview
GOOGL is currently consolidating after a strong rally earlier this year. The stock is trading within a well-defined range, respecting key support and resistance levels. Combined with its strong fundamentals, this also creates a promising setup for both scalpers and swing traders.
Price Action and Key Observations
1. Trend Analysis:
* GOOGL is maintaining an upward trajectory, bouncing off its ascending trendline since mid-2023.
* The stock’s current range suggests indecision, but a breakout is likely in the coming weeks.
2. Liquidity Zones:
* Demand Zone: $163–$170, an area where buyers have historically stepped in, coinciding with the 200-day moving average.
* Supply Zone: $190–$192, marking resistance from previous highs.
3. Order Blocks:
* Bullish Order Block: Around $163.50, aligning with historical support and institutional buying interest.
* Bearish Order Block: Between $190–$192, serving as a critical resistance level.
4. Indicators:
* MACD (Daily): A bullish crossover signals upward momentum, aligning with recent price recovery.
* Volume: Increased buying volume during the last bounce suggests accumulation near $170.
Support and Resistance Levels
1. Support:
* $174.70: Immediate support just above the 15-day EMA.
* $163.55: Strong support aligned with the bullish order block and the 161-day moving average.
2. Resistance:
* $182.46: Immediate resistance; a breakout here could trigger a move higher.
* $191.75–$192: Major resistance and a critical target for swing traders.
Game Plan
Scalping Strategy:
* Entry: Buy on a breakout above $182.50 with strong volume confirmation.
* Exit: Target $190–$192.
* Stop-Loss: Set below $181 to manage risk.
Swing Trading Strategy:
1. Bullish Case:
* Entry: Look for a pullback to $174 or $163.50 with a bullish reversal candle.
* Targets: First target at $182.50, and swing target at $191–$192.
* Stop-Loss: Below $163.50 to avoid significant downside.
2. Bearish Case:
* If GOOGL breaks below $163.50 with high volume, short positions targeting $150 could be considered.
* Stop-Loss: Set above $165 to minimize risk.
Thoughts and Where It’s Heading
* Upside Potential: A breakout above $182.50 could attract further momentum, with $190–$192 as the next logical target. This aligns with both technical patterns and improving fundamentals.
* Downside Risk: A failure to hold $174 could lead to a retest of $163.50 or even $150, where demand is expected to pick up again.
Playbook
Checklist Before Entry:
* Confirm breakout or bounce with volume analysis.
* Verify MACD momentum and other indicators.
* Watch for price action signals near key support/resistance levels.
Risk Management:
* For scalping: Risk 1% of capital per trade.
* For swing trading: Risk no more than 2% per position.
Market Updates to Monitor:
* Keep an eye on sector trends, earnings updates, and macroeconomic news for potential catalysts.
Disclaimer
This post is for educational purposes only and does not constitute financial advice. Please conduct your research and consult a professional advisor before making any trading or investment decisions.
Its OK as longest google stays above 170 ! lets go ! Last week, Google stayed above 170, which is excellent news. Within the analysis, we can see that it’s starting to show bullish convergence. I also drew an ascending channel based on its recent price movements.
In my last analysis of Google, I mentioned that once the price touched the "stacked channel," we only needed to observe the immediate candlestick structure, and from there, it would take off—and that’s exactly what happened (check out the little thumbs-up hand).
Now, it doesn’t matter if the price dips slightly here; the key is for it to stay above 170 and within the mini ascending channel I marked.
The real challenge for Google is breaking through the inflection zone where it’s currently positioned. It was rejected once, so the price will likely attempt to break through this key zone again.
Let’s see what happens in the coming days.
Thanks for supporting my channel! Best regards.
Google updateHi traders google it's still valid for buys with the ne,t target of 190,what I can say in order for you to understand the system,market moves up n down but uptrend doesn't change because of pull backs but it moves accordingly,soo as a trader and investor you should know that we're am opening position market is likely to come bek soo you must proper money management that is gonna hold a delay that can happen in that company sectors until it picks up again,yes it must sometime n testing your patience n emotion if you are scared you will simple exit early but let me remind you this,there is no hurry inlife,learn to have patience to wait there is no loose in trading n investing but there is years of investing in knowledge in order to know how to follow the system,you are not loosing you are growing trust the process 🙏
Google updateHi traders google it's still valid for buys with the ne,t target of 190,what I can say in order for you to understand the system,market moves up n down but uptrend doesn't change because of pull backs but it moves accordingly,soo as a trader and investor you should know that we're am opening position market is likely to come bek soo you must proper money management that is gonna hold a delay that can happen in that company sectors until it picks up again,yes it must sometime n testing your patience n emotion if you are scared you will simple exit early but let me remind you this,there is no hurry inlife,learn to have patience to wait there is no loose in trading n investing but there is years of investing in knowledge in order to know how to follow the system,you are not loosing you are growing trust the process 🙏
GOOGL - Making sense of the market's multi-time frame objectivesApologies for the bad recording quality here - but this is key toward "zooming out" and realizing how much is really happening on higher time frames in the market - when we get zoomed in to one small move or leg of an uptrend or downtrend, it leaves us vulnerable to sudden moves against us - because we were stuck in LTF tunnel vision.
So you see here how I have a bias toward short, but that is on a HTF and requires LTF work and liquidity building to make the HTF objective possible
Happy Trading :)
A Liquid Supply and Demand Analysis on GOOGLWhat we're trying to do as traders is identify what the market is setting up for us and why its setting up that way - that will tell give us insight into what could and should happen from there based on the chart's "story" of:
1. Where are the HTF and LTF liquidity levels and supply and demand zones i.e. where are the buyers and sellers located and who needs to gather more steam before moving in the direction they want. (In a long term uptrend, buyers are constantly picking up steam by allowing a relaxed and controlled selloff and building liquidity at steadily more accepted prices and setting up support at higher and higher levels. Sellers would be allowing for healthy pullbacks (controlled buying and liquidity building) to set strong resistance levels at previously broken support levels (sell orders) at those controlled pullbacks) - Hence the higher highs/higher lows of an uptrend and lower lows/lower highs of a downtrend - It is just a bunch of supply and demand levels being created and broken within higher time frame supply and demand levels - Until enough liquidity is built on the LTF so that the HTF levels can be broken.
2. What does the "why" tell us - Who is in control of building the liquidity and why are we doing it this way or what about the way that it is getting built can we decipher where it may need to go. (With confirmations, we are given indications as to whether the HTF move that we want to trade is actually happening or if it's just continuation of the LTF liquidity build. This is where our algorithms come in handy because they are the market's guide to where the liquidity lies (you'll see that on breaks of trend lines, we make a big move because we're grabbing all the liquidity that was built up within the trend line that were now break out of. This in addition to the control algorithm which is guiding the "fair price" to get back in off the pullback and liquidity build and also syncs neatly with former support and resistance levels created.
3. Utilizing Multi-TF-Analysis, we can identify subsequent moves based on the available liquidity levels that were created (purposely) and look for confluence between S&D levels and created and controlled liquidity built.
Our toughest job as traders (analysis and execution wise) is to see all this information and put it into a multi-dimensional story that we can always be in the know and understanding of what's happening within our story so as to not get bogged down by liquidity building or indecision. The real challenge and key comes in deciphering each time frame's analysis in a top-down approach (longer term --> shorter term) so that we are ahead of the right move and not a part of the "controlled liquidity build" but rather of the side that is in control on the time frame that we're actually executing on. (An example of what I mean would be going long on GOOGL here as if the current shorter term bull-trend has built enough liquidity and set enough strong support and leaving out the HTF information such as supply above and demand below which was based on the HTF story).
I know this might seem confusing but if you start plotting this out visually on your own and reason with why price is doing what it's doing at certain levels (VOLUME).
Really hope this was helpful for anything looking to deeper their understanding of how liquidity is identified, why it is built, and how we can utilize this information in order to tell the chart's story and essentially see the roadmap ahead.
Happy Trading all :)
Top 5 Weekly Trade Ideas #3 - GOOGL Trend RetestNice looking chart here on GOOGL IMO. I'm mainly focused on the two secondary trendlines. One is an uptrend and the other is a previous downtrend that has been broken. Price just tapped both of these trendlines at the same time and held after a recent sell off.
This looks like a great spot to long if you ask me, but it could be used for a short if it falls below. It's not often you have trendlines converge this cleanly. As the path shows, upside target is around $171. $168 and $174 could be areas of interest as well.
In the case of a downside break, target would be around $155. I'd look for shorts if it broke below and failed on a retest.
Trading Journal Bought just prior to earnings
it wasn't typical buy, but it was setting up just prior to earnings so wanted to do a small position trade.
Sold 1/2 @ 8% profit
sold the rest at 10 ema break
(weakness in general market resulted in me reducing the position at 10 ema, otherwise would have kept the 1/2)
There was a rebuy at test of 50 MA
but sold it for a small loss as the selling continued.
GOOGL Testing Key Resistance: A Setup for Dec. 4, 2024GOOGL is trading in a tightening range, testing a significant resistance zone. With recent price consolidation and volume spikes, here's how to navigate potential breakout or rejection scenarios.
1️⃣ Price Action & Chart Analysis
* Trend Overview: GOOGL is hovering below a key resistance at $172.68 after rebounding from support at $167.
* Key Levels:
* Resistance: $172.68
* Support: $168.00 and $167.17
The $171–$172 range will be crucial for determining the stock's next move.
2️⃣ Liquidity Zones & Order Blocks
* Liquidity Zone: The area between $171 and $172 is attracting activity; watch for increased volume here.
* Order Block: Demand zone around $167, which aligns with previous buying interest and consolidation.
3️⃣ Scalping Strategy
For quick intraday trades:
* Entry (Breakout): Buy above $172.68 with confirmation. Target $174–$175 for a quick exit.
* Stop-Loss: Place below $171 to manage risk.
* Rejection Play: If $172.68 holds as resistance, short with a target of $169.
4️⃣ Swing Trade Strategy
For traders looking for a longer-term position:
* Entry Option 1: Buy on a confirmed breakout above $172.68.
* Entry Option 2: Wait for a pullback to $167 for a better risk-reward ratio.
* Targets:
* Initial Target: $175
* Extended Target: $178
* Stop-Loss: Below $166 for a conservative risk approach.
5️⃣ Momentum & Indicators
* MACD: Bullish momentum building, with the signal line trending upwards.
* Volume: Spikes at resistance indicate trader interest; watch for sustained buying to confirm a breakout.
Game Plan for Tomorrow
* Scenario 1: A breakout above $172.68 sets up a move toward $175; wait for strong volume before entering.
* Scenario 2: Failure to break $172.68 could lead to a pullback to $167, offering a better entry for long positions.
Disclaimer:
This analysis is for educational purposes only and not financial advice. Always do your own due diligence before making trades.
Triangle pattern spotted on GoogleTriangle pattern spotted on NASDAQ:GOOG and NASDAQ:GOOGL Google! The stock has been consolidating in a tightening range, forming a triangle pattern. Could break out or reverse. Share your thoughts! #Google #TrianglePattern #StockMarket
$GOOG possible tomorrow. $GOOG. almost broke to the upside today towards close. But rejected the entry line. Watch tomorrow, if we break above, could potentially be a mover.
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I'm Back! Let's simplify things... GOOGL AnalysisI like to dumb things down with my students sometimes. All the algorithms won't help without the basic understanding of liquidity and supply and demand.
In this video I try my best to outline how supply and demand works in the market and how we can see it at work at any point in the chart and on any time frame - in order to identify who is stronger at any given point and where we can see movement coming from.
Essentially, if sellers are stronger at a given level, price will need to come back down to areas where buyers are present. They will then try and break out of that selling level and will do it successfully if they have more buyers than sellers from that liquidity build (adding more buyers at lower prices). If they don't have enough, they will have to continue this process of digging deeper (controlled selling) which, although price is technically moving down, it is doing so in order to add more buyers to then break out of a strong level of resistance above.
I hope to check in with you all more often in the near future and I appreciate you all sticking with me during this time of transition!
Happy Trading all
GOOGL: Reversal or Trend Continuation? Trading Plan and Technical Analysis for GOOGL
Price Action Overview: GOOGL is currently trading near $135.50, attempting to recover after a dip from recent highs. The stock has formed a descending trendline, creating lower highs, but recent price action suggests a potential breakout attempt. Volume has been moderate, and the MACD is beginning to cross into bullish territory, signaling momentum may be shifting.
Liquidity Zones and Order Blocks:
* Liquidity Zone 1 (Support): $133.00-$134.50 - This area has seen buying interest and could act as a safety net for bullish setups.
* Liquidity Zone 2 (Resistance): $136.50-$138.00 - Key zone where sellers have shown dominance. A breakout above this could trigger a trend reversal.
Key Support and Resistance Levels:
* Support Levels:
* $134.50 - Immediate intraday support.
* $133.00 - Swing low and a critical level for bulls to defend.
* Resistance Levels:
* $136.50 - Immediate resistance and the descending trendline.
* $138.00 - Major breakout target.
Scalping Gameplan:
* Bullish Setup:
* Enter long above $136.50, targeting $137.50 and $138.50.
* Stop-loss: Below $136.00.
* Trigger: Watch for a strong 5-minute or 15-minute candle close above the descending trendline with rising volume.
* Bearish Setup:
* Enter short below $134.50, targeting $133.50 and $132.50.
* Stop-loss: Above $135.00.
* Trigger: Look for rejection at $136.50 followed by a breakdown below support with high volume.
Swing Trading Playbook:
* Bullish Case:
* Enter on a confirmed breakout above $136.50, with a swing target at $140.00.
* Stop-loss: Below $134.50.
* Indicators to Watch: MACD bullish crossover, RSI above 50, and sustained volume.
* Bearish Case:
* Enter short if price fails to break above $136.50 and closes below $134.00.
* Swing target: $130.00.
* Stop-loss: Above $135.50.
Thoughts and Suggestions: GOOGL is at a decision point, with price consolidating near the descending trendline. If volume picks up and breaks resistance, bulls could regain control. However, rejection at $136.50 might push the stock back toward support levels. Scalpers should be prepared for quick moves in either direction, while swing traders can capitalize on confirmed breakouts or breakdowns.
Disclaimer: This analysis is for educational purposes only and not financial advice. Always do your own due diligence and consult a financial professional before making trading decisions.
Google: Rejected!Once again, the attempt to sustainably overcome the resistance at $181.61 has failed. The GOOGL stock faced renewed selling pressure, causing the price to initially retreat to $163. Despite this pullback, we still expect the stock to break above this resistance in the near term, as we expect the high of the magenta wave (iii) beyond this level. However, please note our alternative scenario (33%), which places the price in the green wave alt.(4)
Alphabet (GOOGL): Perfect wave reaction. This is our planWhat can we say except—just take a look at this. Alphabet ( NASDAQ:GOOGL ) has followed our analysis perfectly over the last two months, reacting strongly to the targeted area for wave B and selling off immediately after reaching the exact 78.6% Fibonacci retracement.
Fundamentally, pressure is mounting on Alphabet. Last Wednesday, U.S. prosecutors presented a case to the Department of Justice arguing that Google must sell its Chrome browser, share data and search results with rivals, and potentially sell Android to dismantle its monopoly on online search. This landmark case could reshape how users find information, creating uncertainty around Alphabet’s future operational structure.
From a technical perspective, we still anticipate more downside for $GOOGL. The level of $137.8 now appears even more significant. It aligns with the Fibonacci retracement of wave (2), the Point of Control (POC), and the wave C target—an extremely strong confluence zone. This makes $137.8 a likely magnet and a strong candidate for support, offering a potentially lucrative long setup if the price reaches this level.
We are monitoring closely to see how NASDAQ:GOOGL performs in the coming weeks and how these levels react to ongoing market conditions and DOJ pressures.
Long GOOG at 166.57 - Sometimes winning just means not losing. I'll be the first to say that I don't LOVE this NASDAQ:GOOG chart. The lower high on Nov 12 is never a good sign. The fact that there was a large correction before that makes me like it less. The new incoming FCC chair and the new President are no fans of big tech and have both called out GOOG specifically as a target. The DOJ is on them about anti-competitive practices, the EU hates them, etc etc.
So why trade it at all? Well, first, there were not a lot of other great options today and I need to keep my portfolio full and be able to cycle capital. I'll be posting about a trade I like even better after I'm done with this.
Secondly, GOOG's recent history suggests that I will do well due to the kind of trading I do. More on that in a minute.
And third, drawdowns don't scare me any more. They used to. But the system I use (especially the first profitable close exit strategy) makes it very difficult for me to have large drawdowns. It can happen, but it's very rare and even then, I don't suffer nearly as much as B/H.
You can see during the July swoon, not only would I not have lost money, I'd have made it. Modest returns, but a 20% difference between me and the underlying stock lets me sleep at night and makes B/H play a very tough game of catch up afterwards. Something that it would still not be close to having done 3 months later. After that 16.7% drop, it takes a 20% rise just to get back to break even.
I do think this very recent drop COULD be part of something larger going forward. I can't see the future better than anyone else, but I know I have the tools to handle it and probably profit from it, regardless of what happens, so I'm taking the trade.
Besides, everything isn't as bad as it looks. In the last 12 months, GOOG has given 20 buy signals. All 20 would have been profitable. Half of those profitable trades came during July and the drop after that in Aug/Sept.
14 of those 20 trades only lasted a day. It's hard to get caught in a big drop when you're in and out of a trade in a day. 10 of the 20 trades made more than 1% (3 of those 10 were > 2% and two were >3%). None took longer than 5 trading days, and that only happened once. Despite its ugliness, it has still been very profitable to trade.
While I would ALWAYS suggest long trades be done on solidly uptrending stocks whenever possible, there are ways to trade less than perfect (and even bad) charts and still make money consistently. Hopefully that will be the case here, while NASDAQ:GOOG tries to work off those late summer losses and catch back up to me.
By this time next week, this trade will ideally be a distant, profitable memory. As always, I will keep buying whenever it is oversold until the position is completely closed, and sell lots as they become end of day profitable.
Have a good weekend, Googlers!
Crab MarketIn Januari 2026 we'll look back at this with a DXY at 120 and GOOGL price in the red circle and say... this was just a crab market...
Anticipating Google’s Next Move: Short Term SwingGreetings Everyone,
This is my 4th posting today - please show support by commenting and leaving a like.
This is a rough draft of an idea I have for shorting what is probably my favorite stock in the entire market.
I’ve chosen to use this format, line chart, and color scheme because it best illustrates the idea, especially considering the numerous personal notes I’ve hidden on the chart for reference.
Based on Elliott Wave Analysis and my interpretation of this chart, I believe a near-term correction is approaching for ticker GOOG / GOOGL.
Google Earnings:
Stellar Earnings ❤️
Google generated $88.27 billion in revenue for the quarter, which was higher than the anticipated $86.3 billion.
This marks a 15% year-over-year growth compared to Q3 2023’s $77 billion.
Net income was also robust, reaching $26.3 billion, up from $19.69 billion a year ago .
Technical Analysis:
This evaluation is based on a long-term analysis using Elliott Wave Theory, mapping out the five-wave sequence.
In the chart, you’ll notice a completed wave 5,A,B and Wave C starting to unfold.
Bearish signs 🪧
- Exhaustion Gaps
- Failure in reaching previous major rejection point
- Massive Bearish Engulfish Candle on candle stick chart
- Broke through previous consolidation zone
- Based on previous analysis failed W bottoms and inverse head and shoulder patterns have a strong reversal if fails to follow through.
- MACD turning down with big selling volume
Best,
Clemard
GOOGL SHORTGoogle's stock faces significant bearish risks due to mounting antitrust pressure, particularly the U.S. Department of Justice's push for the company to sell its Chrome browser to curb its monopoly on internet searches, which could disrupt its operations and financials. Additionally, the UK is investigating Google’s dominance in the mobile browser market, and any negative outcomes from this probe could harm its competitive position. Compounding these challenges, increased competition from AI firms like Anthropic, which Amazon is heavily investing in, and the potential threat from OpenAI’s browser plans could erode Google’s market share in critical areas such as advertising and AI, further undermining investor confidence and long-term growth prospects.
Break Blue dotted support, I believe we see $150.
Bearish then look for bounce Stock is under the cloud and in the down trend. Can go short or long at the target of 155
