GOOGL
Elliott Wave View: Support Area for Alphabet (GOOGL)Alphabet (GOOGL) 45 minutes chart below shows that the stock has rallied higher from August 10 low. From that low, the stock rallied higher in wave ((iii)), which ended at 1652.79 high. The rally unfolded as a 5 waves impulsive Elliott Wave Structure. Up from wave ((ii)) low, wave (i) ended at 1536.97 high. The dip in wave (ii) ended at 1499 low. The stock then extended higher in wave (iii), which ended at 1608.78 high. Wave (iv) pullback then ended at 1575.04 low. The push higher in wave (v) ended at 1652.79 high. This completed wave ((iii)) in larger degree.
Currently, the stock is doing a pullback in wave ((iv)) to correct the cycle from August 10 low. The structure is unfolding as a double correction. Wave (w) ended at 1618.81 low. The bounce in wave (x) ended at 1647.79 high. Wave (y) lower is in progress. The 100-161.8% extension of wave (w)-(x) where (y) can potentially end is at 1592.53 – 1613.70 area, highlighted with a blue box. If reached, that area can produce 3 waves bounce at least or the stock can resume higher in wave ((v)). The 100% extension from June 29 low, where wave ((v)) could target is at 1689.
CAKE AS LONG AS CAKE CAN HOLD OVER 30.41 IT CAN MAKE A MOVER HIGHER TOWARDS 33.50.
TRADE IDEA: 35C 9/18
BID/ASK: .55/.60
NVDANVDA CAN SEE 542, 550 NEXT. NEEDS TO HOLD ABOVE 516 TO CONTINUE MOVING HIGHER.
TRADE IDEA: 550C 9/4
bid/ask: 6.05/6.20
GOOGL SMACKED AT $1700GOOGL has a major yearly trend line resistance that coincidentally hits @~$1700. Following historical trends, google should fail and retest the bottom yearly support trend line. Depending on what happens with the election google could once again fail that line and head to the next support line. $1500 will be retested at some point.
Google 2 scenariosstill in the upward channel. but short term does not look ready to brake the resistace with this RSI situation.
GOOGL - 7.17% Profit Potential - Ascending TriangleAscending Triangle and new support confirmed multiple times in the past 3 days.
Target price set at new historical resistance line bounce.
- Historical Uptrend
- RSI and STOCH above 50
- MACD above Signal
Suggested Entry $1592.45
Suggested Stop Loss $1560.3
Target price $1710.71
Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss.
GOOGLE Trade SetupThis Analysis Is Done Only For Educational & Intelligence Purpose, Invest Or Trade At your Own Risk & Will.
GOOGLE LONG📈 NASDAQ:GOOGL LONG H4
🛒BUY above = 1538
🎯Target1 = 1575
🎯Target2 = 1598
🛑Stop loss or cancel trade = 1477
🙈Risk = (2%-3%)
#GOOGL #GOOGLLONG #BUYGOOGL
$GOOGL $GOOGL bounced off our $1541 zone and went to our $1557.37 zone where it consolidated between our $1557.37 zone and our bullish channel resistance. Then exploded the last 2hrs of the market to our $1580 zone and closed the day at our $1576.36 zone.
GOOGL AnalysisNASDAQ:GOOGL
Googl has dropped below its uptrend trend line and riding the bottom of said line. I see a drop to the 1422 support this week or next before any bullish turn around can be realized.
Big Tech Buzz hits barrier - buzzing stifled since July 13, 2020Big Tech Buzz hits barrier - buzzing stifled since July 13, 2020 - for Tesla, Amazon, Microsoft, Google/Alphabet, Facebook, Netflix.
GOOGL SHORT IDEAConstructive Criticism is always Accepted. This is my first posted analysis of a Stock of any kind. Currently we can see a 3rd tap of the Trend-Line. Looking for a continuation down to the next support Level of the H1 TF. What do yall think
Googl about to make a big moveNASDAQ:GOOGL
Googl is at the top of a descending channel. If it breaks through to the upside, TP 1 is 1535 and TP 2 is 1580. If if it falls through support, TP 1 is 1440 and TP 2 is 1400. Since Googl has now crossed over to the underbelly of an ascending channel, I'm favoring the downside.
GOOGLE IS GOING DOWN [Don't forget to follow me] GOOGLE IS GOING DOWN this is the end of the UPtrendI suggest to get rid of all your position in GOOGLE you can check my ideas I'm 99% right about the stocks.If you need any help about any stock please contact me i will be glad to help. If you are a stock investor and you want advice please contact i will be glad to help.
