Since Oct 2021 GOOG has been sideways and bearish
however after making low in Aug 2022 it's been sideways earlier and now it may try to move up
this is not going to be easy but bulls may take it up
expecting 122-125 in this move
Few months back it hits it lower support level of 88 and broken out of long term resistance level.
Now the long term targets are 150 - 175 - 190 - 210
View is for next 2-3 years.
Alphabet Inc (Google) Class C
daily candle looks price can up till 111 with the stop loss of 112.8 for the target of 92
which is the best place to take short position
as mkt in a clear short direction
Look at this chart.
Hellos guys. Good evening. It is at its support zone as of now it is trying for long term buying. Go with flow at your own risk.
Thank you❤
Google has formed Cup Handle Pattern on daily timeframe chart. This is bullish pattern, we can take swing trade here.
Entry:
We can go Long after close of bullish candle above the resistance zone as marked on chart.
Target:
Usually for Cup & Handle Pattern target is equal to the depth of cup, we are going to keep the target near the next resistance...
we can expect a positive move in Google stock next week. The next resistance level is at 112, which means that the stock price may face some resistance when reaching this level.
If the stock price is unable to sustain the 100.5 level, the immediate support level is at 90. This means that if the price falls below 100.5, there may be some buying interest at the 90...
Tech stocks seem to have bottomed..
FB jumped..Microsoft jumped..Google breaks above the 200EMA + breaks above the channel with a gapup..this is super bullish for me..
I think its time to get a little aggressive in the markets in general if these breakouts can hold..
Watch for tech to atleast have a good bear market rally if nothing else.
If you trade google...
Google is trading near crucial support of 85. It is crucial because of the history of the chart. Price bounced and rebounded more than 8 times from the same level on. It is also trading at a lowest price to earning ratio of 17.5 with a net margin of 20%.
In summary, price says fundamentals have more room to correct. Fundamentals say the worst is almost over. So...
2 Bullish Candles in Daily Chart
Bullish Harami in Weekly Chart
Hammer formation in Monthly Chart
Stock price at the lower Bollinger band (monthly chart)
Stock price at the lower Bollinger band (weekly chart)
Stock price at the middle Bollinger band ( daily chart )
Sharp rise in RSI on daily chartt
Increase in RSI on weekly chart
RSI balancing on monthly...
Google shares are being battered badly due to revenue miss and may continue for a while.
Currently its in oversold zone so shorting wont be a good idea. for uptrend to continue or reversal it needs to close above it resistance and close above it on monthly charts.
Below are possible support for the share in coming year
89 (first support)
72 (strong support)
64...
