GOOGL with a strong upward breakthrough this week
This chart shows the weekly candle chart of Google stock over the past year. The graph overlays the bottom to top golden section at the end of 2022. As shown in the figure, Google stock tested the bottom of the chart against the 2.618 position of the golden section three times in July and last week, with a...
In this idea I show Google's movement as I see it playing out. I have been moving into different types of charts to challenge myself as I grow my skills. I have to say I think I will like charting stocks as they each are pretty unique and are in their own right a puzzle to solve. I see this movement as Google's struggle to figure out where they belong in an ever...
Since I think Fair Price to Intrinsic Value of GOOG is so high I believe we must be careful in case of entering a long position.
I'll update this analysis. We may buy a little more expensive, but we will be more confident in making a profit.
