Google - Textbook break and retest!

7月24日

GOOGL might retest the previous breakout level before continuing the uptrend.



The entire chart of Alphabet (Google) is green, yet I do expect a (short term) move lower first. For almost a decade, Alphabet has been retesting and respecting a major support trendline before then breaking out of the ascending triangle formation just a couple of months ago. I just expect Alphabet to retrace back to the breakout level before then creating new all time highs.

Levels to watch: $150

Keep your long term vision,
Philip - BasicTrading

8月8日

注释

Quick update on Google:

Despite the recent volatility regarding the entire stock market but also Alphabet stock, I do expect more downside from here. I am still waiting for a retest of the breakout level before we can then look for a literally textbook trading long setup!

Levels to watch: $150



Click chart above to see the detailed analysis

8月15日

订单已取消

Quick update on Google:

Google is still one of the weaker tech stocks and not really following the recent bullish reversal which we saw on Apple, Nvidia, Microsoft etc. Google still needs to correct a little more before it will retest support. Then we can finally look for long setups.

Levels to watch: $150



Click link above to see the detailed analysis👆🏻

8月22日

交易开始

Trading update on Google (GOOGL):



Click chart above to see the detailed analysis👆🏻

Google already corrected half way to the previous breakout level and is still not showing strong signs of a bullish reversal. We can still see a little more downside on Google before we will then have the anticipated textbook bullish break and retest.

Levels to watch: $150

Keep your long term vision,
Philip (BasicTrading)

9月4日

交易开始

Trading update on Google (GOOGL):



Click chart above to see the detailed analysis👆🏻

Google is almost back to the previous all time high and already corrected about -20% over the past couple of weeks. It is quite likely that Google will reverse at the confluence of support, start a new bullish trend and create new all time highs within the channel.

Levels to watch: $150

Keep your long term vision,
Philip (BasicTrading)

9月10日

交易开始

Trading update on Google (GOOGL):



Click chart above to see the detailed analysis👆🏻

Google is finally retesting the previous breakout level after creating an anticipated correction of about -25%. There was no bullish confirmation yet but over the next couple of days a bullish reversal is quite likely. Target is simply the top of the channel pattern.

Levels to watch: $150

Keep your long term vision,
Philip (BasicTrading)

9月17日

交易开始

Trading update on Google (GOOGL):



Click chart above to see the detailed analysis👆🏻

Really Google is following all of the previous analysis and is already starting to reject the horizontal structure which was also the recent all time high. Following the overall bullish trend, new all time highs are definitely likely and I hope you took advantage of this drop.

Levels to watch: $190

Keep your long term vision,
Philip (BasicTrading)

10月2日

交易开始

Trading update on Google (GOOGL):



Click chart above to see the detailed analysis👆🏻

Everything is still playing out as expected on Google and last month's bullish reversal candle is simply indicating more continuation towards the upside. Target is now the upper resistance trendline of the rising channel, until then we just have to be patient...

Levels to watch: $200

Keep your long term vision,
Philip (BasicTrading)