Google Double SetupBulls see potential failed breakout reset setup. Bears see potential mini head and shoulders top. Its what makes markets. Trade you. NASDAQ:GOOGL NASDAQ:GOOGLongby TaPlot115
GOOG WEEKLY ANALYSIS after rejection of the price at the level of a resistance and the filling of an FVG '' Fare Value Gap'' at the level of this zone we will see a reversal of the price to fill this FVG for the continuation towards suppLy zoneShortby RedaSD0
GOOG Finds Robust Support, Buy for TargetsIn this investment opportunity, Google (GOOG) is currently experiencing a solid support level in the range of 122-121.80. Based on this technical analysis, it is recommended to consider buying the stock with the targets set at 127 and 129. By leveraging the strong support, investors can potentially capitalize on the upward momentum and aim for these specific price levels. As with any investment decision, it is crucial to conduct thorough research and analysis to ensure alignment with personal investment goals and risk tolerance.Longby aceinvestmentadvisory0
GOOG is in an early reversalGOOG with its dominant search engine, YouTube, Maps and other apps besides cloud services is a revenue gisnt. On the daily chart, it has had a respectable 40% YTD . However, I see signs of a reversal. Added to the chart are the anchored VWAP bands beginning from the earnings of November 2022. Price is in the neighborhood of 3 standard deviations from the mean. This is an area where institutional and professional traders like to sell and earn their profits. Several recent candles had wicks beyond that third standard deviation line. The candle stick analysis is that of a " 3 bar play" - in this case, a green candle then a Doji candle suggesting indecision and finally, a red candle documenting the change in direction. The ADX indicator shows the weakening of trend directional strength topping out and then decreasing. The POC line of the long-term volume profile is about the same level as the mean VWAP line. That is to say, there is congruence there and so a very strong buying zone with high volatility Overall I will take a short trade in 20 shares of GOOG with a stop loss at 129 and take a profit of half at 106 ( above the POC line) and the other half at half at 103 ( near VWAP) using a sell- stop order when the price crosses $ 0.25 below market to assure the direction validation. If the trade goes in my direction to the target I expect a R0! of 15- 18% overall. IF you want to know my idea of a good option trade leave a comment. IF you take a short trade on the stock, I wish you the best of luck in your trade. I will adjust stop loss down to the entry price when the stock price goes under 120 to make the trade risk-free and then decrease the stop loss price by 4.50 upon market of 115. When the market goes under 110, I'll change the stop loss to a trailing loss of 2 % and when it goes under 108 change the trailing loss to 1% as alerted by alerts on the price that I have setup to minimize screen time in trade management .Shortby AwesomeAvaniUpdated 335
GOOG OTM CallStrike: $128 Expiry: 09/06/23 The stock had a big run up and is now consolidating at resistance. After such a big move, price is now very far away from the 20 EMA. In the previous downtrend and current uptrend, it is observed that price tends to pullback and bounce of the 20 EMA. Now, price will likely consolidate further and pullback towards the 20EMA before the next leg up. Call is placed at $128 purple line above the resistance zone for safety in case the price makes sudden move up as markets are volatile, the resistance could help contain it for some time. Profits long as price is contained under $128 by expiry. Shortby zongweiUpdated 2
Google vs BingIf you haven`t sold GOOGL here: Or bought it here: Then you should know that the investment by Microsoft in OpenAI signifies a significant boost to their artificial intelligence capabilities. OpenAI's advanced technologies and expertise in AI research and development could potentially enhance the capabilities of Microsoft's Bing search engine. With access to powerful AI algorithms and resources, Bing may be able to offer more personalized and accurate search results, thereby attracting users who seek a more refined search experience. Furthermore, Microsoft has been making strategic moves to expand its presence in various sectors, including cloud computing and enterprise services. By integrating Bing into its ecosystem of products and services, Microsoft can leverage its existing user base and partnerships to promote Bing as a viable alternative to Google. In recent years, Google has faced scrutiny over data privacy concerns and antitrust issues, which could create an opportunity for Bing to gain traction among users seeking more privacy-focused alternatives. Additionally, Microsoft has been actively investing in marketing and advertising efforts to raise awareness about Bing and improve its market positioning. While Google currently holds a dominant position in the search engine market, the landscape is dynamic and subject to change. If Microsoft successfully leverages its partnership with OpenAI to enhance Bing's capabilities, coupled with strategic marketing initiatives, it could potentially chip away at Google's market share over time. If I had to buy some options, that would be the following puts: 2024-1-19 expiration date $105 strike price $3.25 premium Looking forward to read your opinion about it! Shortby TopgOptions224
Don’t Forget About AlphabetAlphabet has been on the sidelines since a big rally in May. Is it time for traders to think about more upside? The first pattern on today’s chart is last August’s peak around $122.43. GOOGL chopped on either side of the level for three weeks but has mostly stayed above it. Last Wednesday’s pullback brought prices back to the line and it’s stayed there since. Has old resistance become new support? Second, stochastics dipped near an oversold condition during the period of consolidation. Third, GOOGL is near its rising 21-day exponential moving average (EMA). If price stays above that line, it could potentially signal that a bullish trend remains in effect. Finally, remember that Artificial Intelligence (AI) advances lifted the stock in May. That narrative has continued to play out in other names like Nvidia (NVDA) and Adobe (ADBE). Investors following the movement may see an opportunity in GOOGL now that it’s pulled back. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more. Important Information TradeStation Securities, Inc., TradeStation Crypto, Inc., and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., all operating, and providing products and services, under the TradeStation brand and trademark. TradeStation Crypto, Inc. offers to self-directed investors and traders cryptocurrency brokerage services. It is neither licensed with the SEC or the CFTC nor is it a Member of NFA. When applying for, or purchasing, accounts, subscriptions, products, and services, it is important that you know which company you will be dealing with. Please click here for further important information explaining what this means. This content is for informational and educational purposes only. This is not a recommendation regarding any investment or investment strategy. Any opinions expressed herein are those of the author and do not represent the views or opinions of TradeStation or any of its affiliates. Investing involves risks. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options, futures, or digital assets); therefore, you should not invest or risk money that you cannot afford to lose. Before trading any asset class, first read the relevant risk disclosure statements on the Important Documents page, found here: www.tradestation.com .by TradeStation11
GOOG - Entry, Volume, Resistance, Target, StopEnter when price clears 109.63 With daily volume greater than 34.68M Target: 123 area Resistance: 112.64 & 117.78 Depending on your risk tolerance: 105.12 gets you 3/1 Risk/Reward This trade idea is not trade advice. This idea is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this trade based on my idea, do not follow anyone blindly, do your own analysis and due diligence. I am not a professional trader. Longby tradepatientlyUpdated 8816
Ascending Stair Case An Ascending Stair Case has formed. Just saying. Google should continue to rise with this debt ceiling deal bull run. The stock market has been doing extremely well lately. We should expect to see it simmer down this week with a possible Friday sell off. Longby Myantman1011
AlphabetsNASDAQ:GOOGL at another area of value. A close above $127-ish opens a window for a potential move to $142. Always rooting for the upside.Longby Trend_Trader_JSE0
$GOOGL LongNASDAQ:GOOGL finally setting up here had about 2 weeks of chop. Today is a decent green day already. Longby TJ011
GOOGL:A Compelling Investment Opportunity with Growth CatalystsAlphabet, with its heavy reliance on digital advertising, faces challenges during weaker economic periods. However, its recent revenue growth slowdown of 3% reflects the current macroeconomic conditions. To address this, Alphabet is implementing cost-cutting measures, including significant layoffs. Despite these challenges, Alphabet's shares have seen a 40% increase in 2023, albeit remaining 17% below their all-time high. The question arises: Is Alphabet a good investment? The answer is a resounding yes, and here's why. Google Search, contributing 58% of Alphabet's ad revenue, maintains an overwhelming global market share of 92.8%, while competitors like Bing struggle to gain traction. Thus, Google's dominance remains secure. Alphabet's Google Cloud Platform (GCP) shows impressive growth, with revenue increasing by 28% year over year, outpacing Amazon Web Services (AWS). GCP's recent achievement of its first operating profit indicates further potential for increased profitability. Alphabet's commitment to artificial intelligence (AI) is evident, enhancing search capabilities, providing real-time updates, and combating spam. The integration of AI across Workspace products and tools demonstrates Alphabet's ongoing commitment to innovation. The Other Bets segment, including Waymo, Alphabet's autonomous driving unit, is making strides. The recent partnership with Uber expands Waymo's reach and paves the way for mass adoption of autonomous driving technology. Despite the surge in shares, Alphabet's valuation with a trailing P/E ratio of 27.6 and forward P/E ratio of 23.2 appears reasonable, considering its dominant position and growth catalysts. Alphabet generated $17.2 billion in free cash flow, showing a 12% increase, and maintains a robust balance sheet with $115 billion in cash and securities, enabling it to pursue new initiatives. Considering these factors, Alphabet presents an attractive investment opportunity and can serve as a core holding in a long-term portfolio strategy.Longby FOREXN1131376
ALPHABET with double topAlphabet double top with reversal pattern and with divergenceShortby awais007570
GooglPrice formation is starting to come together. Ascending triangle forming which is bullish. Google has basically consolidated the entire week while other tech names moved higher. Long over 126.50 Stop loss 125.00 Target 1 -130 Target 2 - 133 gap close Macd has turned bearish so I'd definitely wait for a leg above 126.50 before a long. You see the 21ema on the 4hour chart? Only short below that, otherwise they will push this higher.. Possible breakout by Tuesday Longby ContraryTrader3316
GOOGL, 10d+/-22.13%falling cycle -22.13% more than 10 days ================================================================================== 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. Shortby Tonyder0
longs should be cautious here 💯 Feb 14th I pointed out the clear support and had bullish bias, congrats to longs that added the dip. Today I am pointing out the trend resistance from 2022, rejection here and break of 119.7 leads to big dip and potential dip entry for longs ✅ Bearish short term bullish long term on GOOG, break of 127 soon and we may not see a short trigger break.. boost and follow for more! thanks 💛Shortby Vibranium_Capital1113
Going To Test Resistance Google is on track to test resistance at 126.00 a share based on candle stick analysis and triple confirm indicator. Triple confirm is not reliable on its own but works great in conjunction with other indicators. MACD is barely just starting to show a slow down in decline and tomorrow could be a start of a reversal. Longby Myantman1012
GOOG: Sell ideaOn GOOG as you see on the chart we have the breakout of the vwap indicator so it's mean that we will have a big probability to have a downtrend.Thanks!Shortby PAZINI192
GoogleLet the market prepare the chart to perfection for you, creating the low risk, high reward opportunities. More work has to be done for #Google. Macro environment has not healed yet. #nasdaq #nvidia #bitcoin #goldShortby Badcharts1
GOOGL - Still below downtrend lineBase on MCDX, Selling is weaking (declining green mcdx bar) but buying is not aggressive (sporadic red bar below 25%). FiFT strong bull but the trend still down. Prefer to break and stay above 106 for buy opportunity. Or wait for major support at 75.5 for BoD by kgiap123Updated 6
New Google Pivot New long pivot on NASDAQ:GOOG forming around $127. Watch todays price action for confirmation. Previous move through the pivot saw Google advance from $110 to $127. Longby xTDGS0
Google Go BoomI think we are going to look back on Google and realize that they it above all other globally recognized companies fundamentally changed the trajectory of humanity Think of them as a technology propagator for small firms who make the real breakthroughs. LONG LONG LONG GOOGLELongby Heartbeat_Trading0