GOOGLits made cup and handle and there is no divergence so its gonna be a continuation pattern. so I have put buy stop
GOOA trade ideas
GOOGL Near Key Levels! Scalping, Swing, and Options PlaysScalping Analysis for GOOGL:
1. Support and Resistance Levels:
* Key support near $190 (GEX support and horizontal price level).
* Resistance at $195-$197 (Gamma resistance and call wall).
2. Key Indicators:
* 9 EMA & 21 EMA: Price is testing these EMAs, signaling potential for either a pullback or breakout.
* MACD: Neutral but showing signs of potential bullish momentum. Await confirmation.
3. Scalping Plan:
* Bullish Scenario:
* Entry: Breakout above $195 with volume.
* Target: $197, $200.
* Stop Loss: Below $194.
* Bearish Scenario:
* Entry: Breakdown below $190 or rejection at $195.
* Target: $187, $185.
* Stop Loss: Above $192 (breakdown) or $197 (rejection).
Swing/Day Trading Analysis for GOOGL:
1. Trendlines:
* GOOGL broke below its upward channel but may retest $195. Watch for a rejection or reclaim of this level.
2. GEX Analysis:
* Resistance: Strong gamma resistance at $195-$197.
* Support: Major support at $190, $187.
3. Trade Scenarios:
* Bullish Swing:
* Entry: Above $195 with strong volume or bounce from $190.
* Target: $200, $205.
* Stop Loss: Below $193.
* Bearish Swing:
* Entry: Below $190 with retest confirmation or rejection at $195.
* Target: $185, $182.
* Stop Loss: Above $192.
Options Play with GEX Insights:
1. High GEX Areas:
* Call Wall: $195, $200.
* Put Wall: $190, $185.
2. Suggested Options Strategy:
* Bullish Play:
* Buy: Jan 5th $195 Call.
* Entry: Above $195.
* Target: $197-$200.
* Stop Loss: Below $193.
* Bearish Play:
* Buy: Jan 5th $185 Put.
* Entry: Below $190.
* Target: $185-$182.
* Stop Loss: Above $192.
3. Options Oscillator Metrics:
* IVR (42.6%) suggests moderately priced premiums.
* Call bias (16.4%) indicates mild bullish sentiment but limited upside past $200.
Insights:
* GOOGL is testing critical support and resistance zones. A breakout above $195 or a breakdown below $190 will likely define the next trend.
* Volume Watch: Confirmation of volume spikes at these levels is key to validating the directional bias.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always trade responsibly and manage risk.
GOOGLE: Patiently wait for this level to buy.Google is marginally bullish on its 1D technical outlook (RSI = 57.689, MACD = 5.220, ADX = 40.687) as it has been practically consolidating for the past 2 weeks, having formed a HH (Dec 17th) at the top of the Channel Up. The 1D RSI bearish divergence suggests that this is a top like Nov 7th was. The trend didn't turn into a buy again before hitting the 1D MA50 after a 0.5 Fibonacci pullback and this would be the most optimal level for buying again. Beyond that, since both bullish waves so far have been approximately +23.90%, we expect another such rise to take place. Our target is the 1.5 Fibonacci extension (TP = 225.00).
See how our prior idea has worked out:
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##
How to tell which swing high/low will hold?In this video I attempt to give a little bit of insight into determining which swing high or low will hold based on the current location of price in relation to the candle formations (PD Arrays) on multiple timeframes.
I will be analyzing GOOG (Google) with the limited info in terms of past price action, as most of the chart is in a continuous uptrend. However, I do my best to determine the possible trajectory of price in the coming weeks.
- R2F Trading
GOOGL Approaching Key Gamma Levels: December, 27, 2024Analysis: Trend and Price Action
GOOGL is trading near $195.60, consolidating within a rising wedge pattern on the 1-hour timeframe. It remains above the 9 EMA and 21 EMA, suggesting bullish sentiment. However, the tight consolidation near gamma resistance may lead to increased volatility soon.
Volume Analysis: The recent volume has been average but declining, typical during wedge patterns. Look for a volume surge as a signal for a breakout or breakdown.
GEX and Options Oscillator Insights
* Gamma Exposure (GEX):
* Major Call Wall: $200 (resistance area).
* PUT Support: $182.5 (strong support level).
* Highest Net GEX: $195.5 (current pivot point).
* Options Oscillator (IVR and IVx):
* IVR: 42, indicating elevated implied volatility.
* IVx Avg: 28.1, which favors a mixed environment for options pricing.
Key Levels
Support
* $192.5: Immediate support zone.
* $190: Psychological and gamma support level.
* $182.5: Strong PUT wall and long-term support.
Resistance
* $195.5: Gamma pivot level.
* $200: Key gamma resistance and psychological level.
* $202.5: Extended resistance based on gamma data.
Trade Scenarios
Scalping Strategy
* Bullish:
* Entry: Above $196.
* Target: $197.5.
* Stop Loss: $195.
* Strategy: Monitor MACD crossover and RSI momentum. Ensure breakout above the rising wedge.
* Bearish:
* Entry: Below $195.
* Target: $193.
* Stop Loss: $196.
* Strategy: Watch for EMA crossovers and RSI divergence.
Swing Trading Strategy
* Bullish Swing Setup:
* Entry: Sustained close above $196.5 with strong volume.
* Target 1: $200.
* Target 2: $202.5.
* Stop Loss: $192.5.
* Bearish Swing Setup:
* Entry: Breakdown below $192.5.
* Target 1: $190.
* Target 2: $185.
* Stop Loss: $195.5.
Indicators Review
* 9 EMA and 21 EMA: Price holding above both EMAs, signaling short-term bullish momentum.
* MACD: Flat, indicating consolidation. Watch for divergence or crossover.
* RSI: Neutral, neither overbought nor oversold.
Outlook
* Scalping: Focus on momentum above $196 or breakdown below $195.
* Swing: A breakout above $200 could target $202.5, while a failure at $192.5 may see downside toward $185.
Disclaimer
This analysis is for educational purposes only and does not constitute financial advice. Always perform your own due diligence and manage your risk effectively.
#GOOGL - Same Price Gap AreaAs you can see, an area around ~$180 has a high potential to touch one more time.
When? I don't know!
Do your diligence and study more, technical analysis is just the probabilities overview.
Google - Catch The 2025 Bullrun Now!Google ( NASDAQ:GOOGL ) is preparing for a strong year 2025:
Click chart above to see the detailed analysis👆🏻
So many confluences on Google are pointing to a strong year of 2025. First of all we have the resistance trendline breakout which we saw a couple of months ago and bears were also not able to significantly push price lower after we saw the retest of resistance. This is soo bullish.
Levels to watch: $220
Keep your long term vision,
Philip (BasicTrading)
Alphabet: A Runner in the New Year?Alphabet has mostly lagged among the megacap growth stocks since the summer, but it could be ending the year on a strong note.
The first pattern on today’s chart is the pair of bullish gaps on October 30 and December 10. The Internet giant initially jumped after earnings and revenue beat estimates. It also benefited from strong growth in its cloud services. The next rally resulted from news of its “mind-boggling” Willow quantum-computing chip. (That term was used in a blog post by Google's Quantum AI lead Hartmut Neven.)
Such price moves, accompanied by heavy volume, may reflect improving sentiment.
Next, the second bullish gap pushed GOOGL above its November peak and previous record high from the summer. Is a breakout underway?
Third, MACD is rising and the 8-day exponential moving average (EMA) is above the 21-day EMA. Those may signal positive momentum.
Finally, the 50-day simple moving average (SMA) crossed above the 100-day SMA in November. Both are above the 200-day SMA. That realignment of SMAs, with the faster above the slower, may be consistent with a longer-term uptrend.
TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more.
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 or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors.
Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges.
TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
Could AI Unlock the Secrets of Life's Building Blocks?In a remarkable leap forward for biotechnology, scientists have unveiled MassiveFold, a revolutionary adaptation of Google DeepMind's AlphaFold that transforms our ability to understand protein structures. This groundbreaking system achieves what was once thought impossible: reducing protein structure prediction time from months to mere hours. By combining parallel processing with sophisticated optimization techniques, Université de Lille and Linköping University researchers have created a tool that democratizes access to one of science's most powerful capabilities.
The implications of this advancement ripple across multiple industries, from pharmaceutical development to sustainable agriculture. MassiveFold's ability to rapidly decode protein structures – the fundamental building blocks of life – accelerates our potential to develop new medicines, enhance crop yields, and create more efficient biofuels. What makes this development particularly significant is its accessibility; the system operates efficiently on both modest computing setups and advanced GPU infrastructures, making it available to research teams worldwide.
Perhaps most intriguing is MassiveFold's performance in real-world applications. During the prestigious CASP15-CAPRI blind structure prediction trials, the system demonstrated remarkable accuracy, sometimes surpassing the capabilities of its predecessor, AlphaFold3. This success, combined with its open-source availability, suggests we're entering a new era of biological understanding where the mysteries of protein structures – and thus the fundamental mechanics of life – become increasingly accessible to scientific exploration. As this technology continues to evolve, it promises to unlock new possibilities in everything from disease treatment to environmental conservation, potentially revolutionizing our approach to humanity's most pressing challenges.
GOOGL Technical Analysis for Tomorrow - Dec. 231. 1-Hour Timeframe
* Current Price: $192.70
* Key Resistance Levels:
* $192.92: Immediate resistance level.
* $195.00–$196.00: Resistance zone near previous highs.
* $201.42: Psychological and structural resistance.
* Key Support Levels:
* $188.58: Nearest support level, previously tested.
* $183.92: Stronger support from previous consolidation.
2. Key Observations
1. Trend Analysis:
* GOOGL recently broke out of a descending channel, indicating a potential shift from bearish to bullish momentum.
* The breakout is accompanied by higher-than-usual volume, signaling interest from buyers.
2. Stochastic Oscillator:
* Currently nearing the overbought zone, which suggests the possibility of a short-term pullback before further upward movement.
3. Volume Analysis:
* The breakout occurred with a noticeable spike in volume, indicating strong bullish intent.
3. My Thoughts on GOOGL’s Direction
* Bullish Bias:
GOOGL has shown strength breaking out of the descending channel and moving toward resistance at $192.92. If it holds above this level, I expect it to test $195.00 and potentially $196.00 in the near term.
* Possible Pullback:
With the Stochastic Oscillator in the overbought zone, a pullback to $188.58 or even $186.00 is possible before resuming upward momentum.
Overall, I lean bullish for GOOGL, but a short-term pullback before continuation cannot be ruled out.
4. Trade Scenarios
Bullish Scenario:
* Entry: On a breakout above $192.92 with volume confirmation.
* Targets: $195.00, then $196.00.
* Stop-Loss: Below $191.00 to minimize downside risk.
Bearish Scenario:
* Entry: If GOOGL fails to break $192.92 and rejects with significant selling pressure.
* Targets: $188.58, then $183.92.
* Stop-Loss: Above $193.50.
5. Key Levels to Watch
* Support: $188.58 and $183.92.
* Resistance: $192.92, $195.00, and $201.42.
GOOGL is showing signs of bullish momentum with its breakout from the descending channel, but a short-term pullback due to overbought conditions is possible. I expect it to test $195.00 soon if $192.92 is cleared decisively. Traders should keep an eye on volume and price action at these key levels to determine the next move.
------------
Option Trading Scalping and Long/Short Strategy for GOOGL
1. Scalping Strategy for Options Trading
Key Observations from GEX Levels and Chart
* Resistance Levels:
* $195.00: Strong 2nd Call Wall and significant resistance.
* $197.50: Higher resistance near the next GEX (Gamma Exposure) level.
* $202.50: 3rd Call Wall and a strong psychological barrier.
* Support Levels:
* $190.00: Key level with moderate support (16.33% GEX9).
* $187.50: High Volume Level (HVL) and key support zone.
* $182.50: 2nd Put Wall, providing stronger downside support.
* Volume and Momentum:
* Momentum indicates bullish activity, with price moving toward $195.00 resistance.
* Options Oscillator shows 7.6% calls and a neutral-to-bullish sentiment.
Scalping Call Options (Bullish Setup):
* Entry: On a breakout above $195.00 with volume confirmation and momentum.
* Target: $197.50 (first target) and $202.50 (extended target).
* Stop-Loss: Below $193.50 to limit downside risk.
Why It Works:
The breakout above $195.00 aligns with a gamma squeeze toward higher levels, as there’s a buildup of positive gamma above $195.00.
Scalping Put Options (Bearish Setup):
* Entry: On rejection at $195.00 or breakdown below $190.00 with strong volume.
* Target: $187.50 (HVL) and $185.00 (next support zone).
* Stop-Loss: Above $195.50.
Why It Works:
A rejection at $195.00 signals resistance and potential profit-taking, with a move targeting GEX support levels.
2. Long/Short Strategy
Long Strategy (Bullish Case):
* Entry: Enter long positions on sustained price action above $195.00.
* Targets:
* Short-Term: $197.50 (near-term resistance).
* Extended: $202.50 and $205.00 (3rd Call Wall and GEX resistance).
* Stop-Loss: Below $193.50 for risk management.
Why It Works:
A breakout above $195.00 signals continued bullish momentum, with GEX indicating higher gamma exposure driving prices upward.
Short Strategy (Bearish Case):
* Entry: Enter short positions on rejection at $195.00 or a breakdown below $190.00.
* Targets:
* Short-Term: $187.50 (HVL and moderate support).
* Extended: $182.50 (2nd Put Wall support).
* Stop-Loss: Above $195.50 for rejection trades, or above $191.00 for breakdown trades.
Why It Works:
Rejection or a failed breakout at $195.00 aligns with bearish sentiment, targeting downside gamma levels for support.
3. Additional Notes
* Scalping Tips:
* Use short-dated options (7–14 DTE) for quick price moves.
* Focus on at-the-money (ATM) strikes for the best risk/reward ratio.
* Volume Confirmation:
* Ensure volume spikes at key levels (e.g., $195.00 for breakout or rejection).
* Risk Management:
* Stick to tight stop-losses to limit losses in scalping.
* For long/short trades, scale into positions at support/resistance levels.
Conclusion
* Bullish Scenario: Breakout above $195.00 targets $197.50 and $202.50.
* Bearish Scenario: Rejection at $195.00 or breakdown below $190.00 targets $187.50 and $182.50.
Focus on volume and price action near key GEX levels to guide your entries and exits.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Please trade responsibly and manage your risk appropriately.
google ready to fire upGoogle has formed a perfect William o neil pattern with 6 month of consolidation. It broke its all time high recently on high volume and recent down movement gave ample time for bulls to load call. i think it is ready to break out. it is only mega cap that has not broken its july ath. I think 200-210 is possible next week
Where Googl Will Go After Downturn Today? TA for Dec.19Today, GOOGL faced a significant market downturn, dropping sharply from its previous highs. This crash in price reflects broad market weakness and heightened volatility. Let’s analyze the structure, levels, and opportunities for recovery or further downside.
1. Market Structure Analysis
* Trend: GOOGL has broken below critical trendlines on the hourly and daily charts, signaling bearish momentum. This break invalidates prior upward channels.
* Volume: Increased volume during the sell-off suggests strong bearish activity, possibly institutions or large players exiting positions.
2. Supply and Demand Zones
* Demand Zone:
* $182.42 to $185.00 – Potential support zone where buyers may step in.
* Supply Zone:
* $192.50 to $197.00 – Recent resistance; any price action into this zone may face selling pressure.
3. Order Blocks and Support/Resistance
* Support Levels:
* $182.00 (Critical put support from GEX and chart levels).
* $180.00 (Historical support and psychological round number).
* Resistance Levels:
* $192.50 (Recent PUT wall and GEX resistance).
* $197.00 (Upper gamma wall zone).
4. Key Indicators
* 9 EMA & 21 EMA:
* GOOGL is trading well below these levels, confirming short-term bearishness. Look for the EMAs to act as dynamic resistance near $190.
* MACD:
* On both hourly and daily charts, MACD has bearish crossovers, indicating momentum is still strongly negative.
5. Gamma Exposure (GEX)
* Gamma Levels:
* Negative Gamma: $192.50 acts as the highest PUT resistance.
* Neutral Gamma: $190.00 remains the gamma wall; a significant close above could signal a shift.
* Positive Gamma: $205.00 marks the distant target if recovery begins.
* Options Oscillator Insights:
* IVR: Elevated, indicating higher volatility. Calls remain significantly outnumbered by PUTs, showing bearish sentiment.
6. Scalping vs Swing Outlook
* Scalping:
* Entry: Look for intraday bounces near $182.50 with tight stop-losses.
* Exit: Target quick profits near $185 or dynamic EMA levels.
* Swing Trading:
* Entry: A confirmed hold above $190 on volume would signal a reversal.
* Stop-Loss: $180 – Strict risk management is key.
* Profit Targets: $197, followed by $205 (if broader market conditions improve).
7. Actionable Suggestions
1. Wait for Confirmation: Watch price action near $182–$185 for signs of reversal or continuation.
2. Tight Risk Management: With volatility high, position sizing and stop losses are critical.
3. Focus on Key Levels: Monitor GEX levels for real-time insight into resistance/support.
8. Conclusion
GOOGL is navigating significant bearish pressure, and current price action demands caution. While a short-term bounce is possible near $182, the larger structure suggests further downside if key levels don’t hold. Active traders should prioritize discipline and agility in this environment.
Disclaimer
This analysis is for educational purposes only and does not constitute financial advice. Always perform your own research and trade responsibly.
Maximize Your Gains with GOOGLE: Key Insights for Next WeekRecent Performance: GOOGLE has experienced notable price fluctuations lately,
transitioning from a peak of $196 to around $191. This decline reflects a
potentially bearish sentiment, especially as the stock hovers near its
crucial support level at $189. Despite the pullbacks, the strong gamma
exposure signals enduring bullish sentiment from investors, suggesting
resilience in the market.
- Key Insights: Analysts indicate a potential rebound for GOOGLE, targeting $200
as a primary objective if positive momentum can reestablish itself. The
company's ongoing advancements, particularly in quantum computing
technology, provide a strategic edge that markets are keenly eyeing. With an
intrinsic value placed around $213, the current price indicates the stock
may be undervalued, presenting a ripe opportunity for investors to consider
entering.
- Expert Analysis: Market sentiment surrounding GOOGLE is cautiously optimistic,
buoyed by the anticipation of significant technological breakthroughs,
especially the recent announcements regarding quantum chips. However, the
general performance of the tech sector has been tumultuous, as major players
report disappointing earnings, leading to some skepticism. Sustaining above
support levels will be essential for sentiment to shift positively.
- Price Targets:
- Next week targets:
- T1: $200
- T2: $210
- Stop levels:
- S1: $188
- S2: $186
- News Impact: The recent launch of Google's new quantum computer has generated
considerable excitement, which could reshape industry standards and
influence numerous sectors, including computing and cryptocurrency. However,
broader tech sector challenges, as seen in the performance of rivals like
Microsoft and Amazon, highlight potential volatility moving forward. As
investors monitor these developments, the evolving landscape could greatly
impact GOOGLE's standing in the market.
[GOOG] Triangle breakout - is it a easy trade?Triangle pattern breakout already happens.
If it retests support and holds, target will be about $237.
Is this will be quite a simple trade bf Xmas?
Let's await GOOG's show time.
Google soup is ready to fly, jump before soup gets coldGoogle chart is a very simple setup
called cup and handle pattern, It has consolidated past 6 month and broke on heavy volume. It got a pull back this week. Now ready to fire. I am thinking target will be somewhere around 240. It will go parabola, lik MSTR, NVDA. Enjoy ! stockman is back again
GEX Analysis for GOOGL for Dec. 13, 2024Current Price: $191.60
IVR: 22.2
IVx Average: 30.8
Options Sentiment: Bullish with 35.8% in Calls.
Key Levels:
* HVL (High Volume Level): $167.50
* Support Levels:
* First Support: $187.50 (2nd CALL Wall)
* Second Support: $185.00 (GEX9 Level)
* Resistance Levels:
* First Resistance: $192.50 (GEX8 Level)
* Second Resistance: $197.50 (3rd CALL Wall)
* Major Resistance: $200.00 (CALL Resistance)
Market Sentiment:
* The highest positive NETGEX resides at $192.50, making it a critical pivot point. If the price sustains above this level, the bullish momentum could continue towards the next target at $197.50.
* Conversely, if the price breaks below $187.50, bearish pressure might dominate, targeting the $185.00 zone.
Actionable Strategy:
* Bullish Setup: Consider long positions above $192.50, targeting $197.50, with a stop loss at $190.50.
* Bearish Setup: Below $187.50, consider short positions targeting $185.00, with a stop loss at $189.00.
Reminder:
Always monitor updated IVR and IVx for real-time accuracy before entering any trade. These metrics play a vital role in refining the decision-making process.
Disclaimer: This analysis is for educational purposes only. Always perform your own research before trading.
GOOG watch $196.46: Golden Genesis fib to cause Dip or TopGOOG has been rising and then spiked on some news.
Now at a Golden Genesis fib sure to cause a reaction.
What happens here will give clues about its strength.
It is PROBABLE that we orbit this fib a few times.
It is PLAUSIBLE to dip to one of the fibs below.
It is POSSIBLE that we have a significant top.
Google Daily Chart Break Out $GOOGL🚀 **GOOGLE STOCK UPDATE!** 🚀
📈 **New All-Time High!** 📈
NASDAQ:GOOGL reached new highs yesterday, indicating strong market momentum! 🔥 What’s next? Here’s what traders are monitoring:
🔍 **Consolidation Phase** 🔍
We need NASDAQ:GOOGL to maintain key support and create a stable trading range. This often precedes the *next upward move* 📊.
💡 **Importance**
Post-breakout consolidation reflects strength, suggesting buyers are in control and further gains may follow. 📅
👀 **Levels to Monitor**
- **Support Area**: Look for support at prior breakout levels.
- **Volume**: Healthy consolidation shows declining volume, indicating sellers are weakening.
⚡ **Stay alert!** ⚡
Breakout, consolidate, repeat. The next move could be significant.
#GOOGL #StockMarket #TradingTips #BullishConsolidation #BreakoutStocks 🚀📈
Google: There We Go!Since late October, the Alphabet stock has been rejected twice at the $181.61 resistance. This Monday, though, it achieved an impulsive rally above this critical level. This advance aligns perfectly with our primary scenario by propelling the magenta wave further upward, and we expect additional gains as this movement progresses. However, the development of the ongoing upward impulse would be significantly delayed in our 33% likely alternative scenario. In this case, Alphabet’s stock would still be working on the corrective green wave alt. and sell off below the support at $147.22.
GOOGL: Potential for Further Upside. For December 12, 2024Key GEX Levels:
1. Resistance Zones:
* 195 (3rd CALL Wall, 48.11%): A significant resistance level with strong call activity.
* 200 (10.35% CALL Wall): Another resistance area, but less significant than the 195 level.
2. Support Zones:
* 190 (2nd CALL Wall, 85.43%): Strong support zone, indicating a likely bounce if prices retrace.
* 187.5: Additional support backed by high positive NETGEX.
Price Action Insights:
* GOOGL is trading near its 195 resistance zone. This level will be critical to watch for breakout potential.
* Momentum has been bullish, with the price consolidating after an upward move. A clean breakout above 195 could push the price towards 200.
* Trend Bias: Bullish above 195; neutral-to-bearish below 190.
Options Oscillator Insights:
1. IVR (Implied Volatility Rank): 32.3
* The IVR suggests moderate implied volatility. This provides an opportunity for options strategies, as premiums are neither too expensive nor too cheap.
2. IVx Average: 35.1
* Indicates the historical average of implied volatility, slightly above the IVR, confirming stable volatility levels.
3. Call%/Put% Distribution: 47.5% Call-dominant
* Market sentiment leans bullish, with higher call volume dominating the options flow.
Options Trading Recommendations:
1. Bullish Setup:
* Call Option: Strike price 195.
* Expiration Date: December 22, 2024.
* Target Level: 200.
Rationale: A breakout above 195 could trigger strong bullish momentum.
2. Bearish Setup:
* Put Option: Strike price 190.
* Expiration Date: December 22, 2024.
* Target Level: 187.5.
Rationale: A rejection at 195 or a breakdown below 190 could push prices lower.
3. Neutral Setup:
* Iron Condor: Utilize strikes 190 and 200 for the wings.
* Expiration Date: December 22, 2024.
Rationale: Capitalizes on range-bound movement between support and resistance zones.
Trading Plan:
* Above 195: Enter long positions targeting 200. Use options or equity positions.
* Below 190: Consider short positions targeting 187.5. Hedge with puts for downside protection.
* Between 190-195: Look for consolidation or sideways action before committing.
Final Thoughts:
GOOGL's proximity to critical GEX levels provides high-confluence trade setups. Traders should closely monitor the 195 resistance and 190 support to confirm directional bias. Utilize the Options Oscillator insights to refine entries and exits.
Disclaimer:
This analysis is for informational purposes only. Please conduct your own due diligence before making trading decisions.
GOOGL: Scaling the Gamma Ladder – Key Levels $ Strategies TomorrGamma Exposure (GEX) Levels and Price Action:
1. Key Levels Identified:
* Highest Positive NETGEX (Call Resistance): $180
* A major resistance zone where price could face selling pressure or consolidation due to significant gamma positioning.
* 2nd Call Wall: $185
* A crucial level acting as the current resistance. Any breach above this could open the door to test $195.
* 3rd Call Wall: $195
* An upper resistance zone representing a high gamma buildup that could restrict further upward movement.
* HVL (Hedging Volatility Level): $167.5
* A dynamic support level, indicative of gamma-driven price attraction and likely to act as a near-term support.
* PUT Walls:
* 2nd PUT Wall: $160
* Moderate support, representing hedging activities around this price level.
* 3rd PUT Wall: $155
* A strong defensive zone with substantial put hedging activity, suggesting buyers are likely to step in if tested.
2. Price Action:
* GOOGL is currently trading at $185.77, near the 2nd Call Wall. This level is critical, as a breakout above it may lead to momentum toward $195. Conversely, failure to hold $185 could result in a retracement toward $180.
Technical Indicators Analysis:
1. MACD:
* Positive crossover with rising momentum, indicating bullish sentiment. A continuation could support a breakout above $185.
2. Stochastic RSI:
* In overbought territory, signaling caution for potential consolidation or pullback.
3. Trendlines:
* An upward-sloping trendline aligns with $180, providing strong support for any retracement.
Options Strategy Plan:
1. Bullish Scenario:
* If GOOGL breaks above $185:
* Call Option Entry: Strike price at $190, expiration 1-2 weeks.
* Target: $195 (next resistance level).
* Stop-Loss: $182.
2. Bearish Scenario:
* If GOOGL fails to hold above $180:
* Put Option Entry: Strike price at $175, expiration 1-2 weeks.
* Target: $167.5 (HVL level).
* Stop-Loss: $183.
3. Neutral Strategy:
* If GOOGL consolidates between $180 and $185:
* Iron Condor Strategy:
* Sell a call at $190 and a put at $175.
* Buy a call at $195 and a put at $170 to cap risk.
Recommendation for Expiration Date:
* Short-Term Expiry (1-2 weeks): Ideal for trading around key gamma levels.
* Longer Expiry (2-3 weeks): Allows for flexibility in case of delayed price reactions.
Summary of Gamma Insights:
* The $185 level is pivotal, aligning with the 2nd Call Wall and acting as immediate resistance.
* The $180 level serves as a solid support backed by gamma positioning, while $167.5 (HVL) is the ultimate fallback support.
* A breakout above $185 could drive bullish momentum to $195, while a failure to hold this level may result in consolidation or retracement.
Disclaimer:
This analysis is for educational purposes only and does not constitute financial advice. Always perform due diligence and consider risks before trading.
Google , follow up with the fantastic fundamentals great value!Hi friends next we would look into Alphabet Inc. (GOOG)
Great fundamentals supporting the idea, outside of the technical view
1. Strong Financials: Q3 revenue grew 15% YoY to $88.3B, exceeding analyst expectations. EPS also beat forecasts.Their current AD revenue, and data base center revenue has been outstanding hence giving a positive outlook on the share's price
2. AI Integration: Generative AI is now embedded across services, with search AI reaching over a billion users.Gemini AI project has been outstanding and it has a strong overhand over compettitors involving in AI
3. Waymo Expansion: Waymo, Alphabet's autonomous car unit, plans to extend ride-hailing to Miami by 2026.
These developments have boosted investor confidence, with analysts raising price targets and maintaining bullish outlooks.
Entry : On Market Open - 174.69
Target 1 : 181.61$
Target 2 : 191.68$
As always my friends happy trading!
P.S. If you have questions or inquiries about one of my existing set-ups or personal questions / 1 on 1 sessions consider joining my channel so you can follow up with me in private!
$GOOGL 30% YTD retryAfter its 15%+ drop off highs the chart shows some signs of trajectory strength off the bottom. Great legs up. I don’t really care about prices, mentally this stuff moves in percentages. 26% YTD currently, Tik Tok ban is a possible beneficial and they just filed a lawsuit against the government for overreach. I like the looks of this chart immensely, news seems positive and only 4% from a solid YTD. Leave a comment, leave a follow.
WSL
