GOOG with its dominant search engine, YouTube, Maps and other apps besides cloud services
is a revenue gisnt. On the daily chart, it has had a respectable 40% YTD . However, I see signs
of a reversal. Added to the chart are the anchored VWAP bands beginning from the earnings of
November 2022. Price is in the neighborhood of 3 standard deviations from the...
GOOGL (or GOOG) are setup to fail.
RSI is overbought.
Pattern is clearly visible and reaching failure point.
Pattern failure imminent is confirmed by RSI, MACD ready to flip, and price overbought.
Gaps to fill below.
Everything is pointing down on this chart. January 2020 looks like the end of the road up for GOOGL.
I will be re-evaluating this chart at end of...
