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GOOGL - Elliott Wave Final ShowdownGOOGL has dropped over 27.28% , reaching a minor profit-booking zone. The $150 level serves as a key demand zone, where a potential price reversal could occur. The formation is either expanded flat or a running flat on the daily timeframe chart. Confirmation is best observed near the lower trendline of the parallel channel. If bearish momentum persists, prices may decline further to the $142-$140 range before a strong rebound. Once the correction ends, the upside targets are $168, $180, and $195. A new low will form if the previous low is breached. Further research will be uploaded soon.
NASDAQ:GOOGL
by Money_Dictators
GOOGLE SETUP TRADE WIH 1:5 RISK REWARDGOOGLE SETUP TRADE WIH 1:5 RISK REWARD A good BUYING setup detected on GOOG It's showing a BULL MOVE due to these reason 1. It's following THE 30 M trendline here 2. It's ready to break the neckline 3. it forming a accending triangle pattern over here Just grab out will your own risk 4. also in day chat its showing its trying to break the trendline it will consolidate here but after breakout the upcoming move will be OSM With a small amount Stay connected Stay happy It's showing a BULL MOVE due to these reason 1. It's following THE 30 M trendline here 2. It's ready to break the neckline 3. it forming a accending triangle pattern over here Just grab out will your own risk 4. also in day chat its showing its trying to break the trendline it will consolidate here but after breakout the upcoming move will be OSM With a small amount Stay connected Stay happy
NASDAQ:GOOGLong
by tradergyan01
GOOG | A Good Buy Opportunity. Get ready!When it comes to GOOG Alphabet , right now it is in a downtrend and it is likely to get support at S1; which is near 2850. Since it is showing the bearishness, you might see a gap down. If gap down doesn’t happen, I wouldn’t recommend you to take the short position unless you get a pull back. When price reaches S1, you may go long while using S1 as a support area. And if you do, make sure to place the stop below the S1. Once you are in, you first exit should be at T1, which might act as a resistance area since we seen two strong rejections there. If you find this technical analysis useful, please like & share our ideas with the community. What do you think is more likely to happen? Please share your thoughts in comment section. And also give a thumbs up if you find this idea helpful. Any feedback & suggestions would help in further improving the analysis. Good Luck! Disclaimer! This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
NASDAQ:GOOGLong
by maxprofwizard