Google going flag bearish divergenceThis is just my ideas that i analysis by technical, not an assistance to invest or trade. If you have any ideas feel free to comment below . Good luck!
GOOGL
googlgoogl: At the bullish harmonic retracement area, the levels expected to rise are indicated on the chart... with the importance of not breaking the retracement area by closing
Likely Bullish next wave - Google (GOOG OR GOOGL) Likely!IMO GOOG started dropping and formed a bearish flag. Flag was broken downwards, but instead it started moving upwards. If bear flag pattern have truly applied, then it should have started dropping at this point towards 84 to 83 level. But it didn't. So IMO flag was already broken and it transition to Megaphone pattern. And this would make sense with strong down drop. Hence I am thinking there would be strong bullish move upwards. And later after small drop on wave 5, stock will break Megaphone and move upwards. Any thoughts? Or time will tell.
GOOGL on Support After a Down Flag After a discrimination(down flag) GOOGL broke out from the canal. Now it's on a critical Fibonacci support area.
Important Fibonacci Levels:
-88,7
-100
-112
-127
-150
$GOOG to $90Great opportunity for long term investing. The formation is bearish too. I think the fed is going to hike by 1%, not 0.75%. Most stocks will sink. 50% fibonacci ratio of logarithmic chart falls slightly below 61.8 ratio of regular chart.
Big Tech - Head & Shoulder Pattern Galore These four big tech stocks are on thin ice.
A break of these necklines suggests more downside. These levels likely indicate around 11,900 on the Nasdaq as the line in the sand.
Question is, does this lead to capitulation or a longer duration downtrend. TBD...
Nasdaq 11,900 level = red line
Google buy zone approachingBuy zone for google in my opinion is approaching. There's a gap fill to fill right around 100-98$. I have a buy set for 99$. that would be -35% from the top. if it goes lower I'm fine with that ill keep DCA as it'll be a long term hold. google have spoken much going on and finger in so many different pies that its impossible for them not to see future growth in my opinion. great company and great long term hold.
GOOG shortGOOG chart not looking so hot.
Likely to make new lows in a nasty sell-off. Bear flag is clear as day. Really hoping to see it play out, so I can buy some really cheap google!
GOOGL BUYBuy stock GOOGL 110.21
I will move stoploss to breakeven at 121, in order to lower risk.
We have a higher high, a higher low, divergence and some demand we can put the Stoploss below.
Google is preparing for a hearty climbGoogle is preparing for a hearty climb. The correction is formed in the form of a flat, which we are now in a branch of the C-terminal wave
Jack Henry & Associates adopts buyer of Google $GOOGLBuy side, buyers imbalances into end of day.
Long.
Friday likely big day.
Alphabet heading to support? Alphabet
Short Term
We look to Buy at 106.02 (stop at 102.75)
Preferred trade is to buy on dips. Trading within the Channel formation. Previous support located at 106.00. There is ample scope for a move higher from this important support.
Our profit targets will be 113.59 and 118.25
Resistance: 119.00 / 125.00 / 142.00
Support: 108.00 / 106.00 / 100.00
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GOOGL Long term investment - It doesnt fail to surprise meEvery 4 years(except 2012), google has either doubled or more than doubled in value.
Google has fallen more than 24%(from its all time high) in the last couple of month. It is a good time to stack up this stock.
Their growth is inevitable.
GOOGLE - 4 REJECTIONS OFF 120 -SHORT TO 105 BY SEPT 4 rejections off 120
Not Participating in Tech Rally = Weakness
MACD Histogram negative – Divergence
RSI Overbought
IF = Google BREAKS - VWAP AT 117
Bear Put Spread - 117 / 105 - 40% PROBABILITY =
1 RISK FOR 3 REWARD Potential Sept 3 Exp
THE BIGGER PICTURE FOR GLOBAL TECH IS OVERBOUGHT AND NEGATIVE
CPI NEXT WEEK
FED HIKE SEPT
TIGHT JOB MARKET = HIGHER WAGES AND COSTS
GOOGLE LAYOFFS
EUROPE RECESSION
CHINA SLOWING
WAR AND TENSIONS
GOOG - ContinuationDaily chart for GOOG showing a touch above the major trend line
This touch will likely result in a bullish rejection and continuation will occur
This is indicated by the double curve arrow
Bullish
SPYExpect 440 on SPY to bring some real resistance if it can even get there. Lots of people turning bullish be careful, this isn't the bottom you want to be accumulating on for right now lol.
Current Google Analysis (BULLISH) google has been rejecting around 118 the past week but we have consolidated right below this mark, the bulls have been battling the bears we have stayed our ground and will easily push past this Resistance! With Spy dropping last friday we still managed to hold our ground, This will be an interesting week at that! This is not financial Advice but an opinion formed around being optimistic.
****spy is at a very critical level make it or break it week ***Looking at the weekly chart on the spy it appears that it is a make it or break it week…notice how the candles on the weekly r very identical to the last rally, if spy can’t break out this week then this will be a double top pattern and the drop would be severe (lower lows), alternatively if the spy holds and breaks out to upside then the rally will continue and $430 will be the target…cpi data on Wednesday could be the deciding factor…best of luck to all.
GOOGL SHORT OFF 120 RESITANCE -Target 107 - SEP 34 rejections off 120 – 50% fib RETRACEMENT
Not Participating in Tech Rally =Weakness
MACD Histogram negative – Divergence
RSI Overbought
IF = Google BREAKS - VWAP AT 117
Bear Put Spread - 119 / 107 - 40% PROBABILITY = 1 RISK FOR 3 REWARD Potential Sept 3 Exp
THE BIGGER PICTURE FOR GLOBAL TECH IS OVERBOUGHT AND NEGATIVE
CPI NEXT WEEK
FED HIKE SEPT
UNEMPLOYMENT RISING
EUROPE RECESSION
CHINA SLOWING
WAR AND TENSIONS
GOOGL TTD DDOG DKNG CRM MDB ADBE all worked from yesterdays planExcellent day. Made 100%+ on almost all the trades from yesterdays plan.
Market is getting frothy here. Took my profits into strength and just have runners now.
