American company Alphabet Inc. two days before has published a quartrely statement and announced an increase in net profit and revenue in the second quarter ended in June. In addition, the company said its chief financial officer, Ruth Porat, will take over as president and chief investment officer of Alphabet and Google from September 1, 2023. At the same time,...
Google parent company Alphabet Inc.'s (GOOG) stock is poised to reach all-time highs (ATHs) as the broader market rebounds from recent sell-offs. The company's strong fundamentals, including its dominant position in the online advertising market, its growing cloud computing business, and its expanding hardware offerings, make it well-positioned for continued...
In a surprising move, Alphabet, Google's parent company ( NASDAQ:GOOG ), has severed all ties with Appen, the Australian artificial intelligence (AI) data firm that played a crucial role in training Google's chatbot Bard, refining Google Search results, and contributing to other AI products. The termination, set to take effect on March 19, was communicated to...
Technical a standard price action pattern: trend A - sideways adjustment structure with more than 2 test- trend B is forming the trend at higher timeframe is still bullish with meters being green Fundamental Numerator Side Not quite promising but still positive. The expected growth on earnings and revenue are slightly lower than average of its industry....
Hello Traders, welcome to today's analysis of Alphabet. -------- Explanation of my video analysis: In 2011 Alphabet stock broke out of a beautiful triangle continuation pattern and created a rally of more than +800%. This pump was followed by a retracement all the way back to the support trendline of 2011. Alphabet is currently creating a triangle formation...
In a move to streamline operations and cut costs, Google has recently announced significant layoffs across multiple teams, impacting its Voice Assistant, hardware division responsible for Pixel, Nest, and Fitbit, as well as the augmented reality (AR) team. Fitbit co-founders James Park and Eric Friedman are also leaving the company, marking a notable development...
Google opened today under the 1D MA50, neutral on its 1D technical outlook (RSI = 48.601, MACD = -0.240, ADX = 32.196). Through out 2023, a 1D RSI value below 50.000 has been a buy opportunity and even more so now that the price is near the bottom of the twelve month Channel Up. This consolidation during the last Bullish Leg of the Channel Up (April 6th - May...
Our entry into Google was perfectly timed, thanks to the limit order. Now, we face the challenge after our subordinate 5-wave structure, where we completed Wave 1 with an abrupt Expanded Flat (a, b, c). The question arises: is this already Wave 2, or is it Wave ((a))? Currently, it appears to be a triple correction upward, specifically a Regular Flat. Possibly,...
Price Action &Volume are essential components of technical analysis in trading, and combining them can create a powerful strategy. Remember, success is guaranteed only when combined with crucial risk management.
Alphabet Inc (GOOG) gave us a great +20% pre-earnings bullish signal last time we looked at it (July 25) that hit the $140.00 target before pulling back (see chart below): Right now the price is above the 1D MA50 (blue trend-line), within two Channel Up patterns, with the latter being the (diverging) dotted one. With the 1D RSI hitting its Lower Highs...
Thinking about the big picture I always stress how important it is for long-term investors not to get caught up in any single quarter's performance. If you plan to own a stock for five or 10 years, what happens in any three-month period is hardly important in the grand scheme of things. This same approach should be applied to Alphabet. Yes, the market reacted...
We did not trade this directly because: - We were short on both the Nasdaq and the SPX500. - Both the assets above had a better RR. - Both have made us higher percentages than Google would've so far. However, we deem it important to post google as it is exactly the type of trade set up that we preach about and showcases traditional Technical Analysis in its best...
Google is having a rough day following the revenue miss and has found itself at the bottom of the 5 month Channel Up. This is a buy opportunity, as long as (1d) candles close inside the pattern. Trading Plan: 1. Buy if the (1d) candle closes inside the Channel Up. 2. Sell if it closes under it. Targets: 1. 146.00 (+15.50% rise, like the first bullish leg of the...
Cambridge University and Google have forged a renewed, multi-year partnership aimed at funding and conducting groundbreaking research in the realm of artificial intelligence. Their focus will be directed towards pressing concerns such as climate, healthcare, security, and the ethical deployment of emerging technologies. Michele Donelan, the Secretary of State...
Alphabet Inc: A Deep Dive into the Pros and Cons of Investing in the Tech Giant Alphabet Inc., the tech behemoth that's likely woven into your daily life through its various products and services, has quietly become a ubiquitous presence. While Alphabet has consistently delivered solid returns to investors, it's currently trading 8% below its all-time high. This...
My name is Philip, I am a German swing-trader with 4+ years of trading experience and I only trade stocks , crypto , options and indices 🖥️ I only focus on the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise. This is how you build real long term...
In the ongoing trial that commenced on Tuesday, the Justice Department is presenting its case, contending that the Alphabet unit (NASDAQ:GOOGL) actively pursued agreements with mobile carriers to secure prominent default placements on smartphones, thereby establishing a dominant position in the realm of online search. This antitrust trial, touted as one of the...