Posts

Showing posts with the label GOOGL

GOOGL Stock Analysis: Navigating the Current Trend and Anticipating Key Market Shifts.

Image
The daily price of GOOGL has transitioned into a corrective trend since October 12th, interrupting the 9-day upward momentum. Considering recent market fluctuations, today's decline indicates a relatively strong downward movement with increased selling pressure. The overall trend is expected to continue in the corrective mode, with a minor attempt to enter an uptrend early next week. However, a complete shift to an upward trend seems unlikely, remaining within the boundaries of the corrective trend. By mid-October, the trend is likely to weaken further, possibly entering the Bearish zone with increasing downward pressure. The similarity with the US market index is at a high level of 77%, but the prediction may vary slightly based on overall market conditions. Currently positioned at 129% within the Bullish zone, there is some time before entering the Bearish zone, allowing for a gradual correction and a potential return to an uptrend. However, as we approach next week, reaching aro

Popular Posts

S&P500. High expected returns and low risk make "Buy and Hold" a favorable strategy.

NASDAQ. Market Summary (September 6, 2024)

SOXL. Comprehensive SOXL Stock Analysis: Bearish Trends and Future Predictions.

TQQQ. TQQQ stock is currently in a Bullish zone, making it suitable for a long-term "Buy and Hold" strategy.

NASDAQ. Despite being in a Bullish zone, the market is currently in a correction trend, displaying a descending rectangle pattern with a higher proportion of downward movements expected over the next 10 days.

S&P500. Navigating the Bearish Zone: S&P 500 Strategy Insights and Key Predictions for August 2024

= Pretiming Premium =

S&P500. The S&P 500 index is currently in a Bullish zone, and a long-term investment strategy of "Buy and Hold" is recommended.

TQQQ. Summary of Technical Analysis and Investment Strategy for TQQQ Stock (July 22, 2024)

MARA. The current trend appears to be 'Downtrend and The trend is progressing in the Bearish zone. The characteristics of the trend are: Continuous decline (standby) - (High selling pressure).