4XSetUps

GOOGL @ Dec`16 upside trend broked fiday trading

NASDAQ:GOOGL   Alphabet Inc (Google) Class A
GOOGL closed froday trading day in a last GAP of last week before
From this point of view, we could see an highly volatile week, while next 5 trading days!?

How ever, maybe i am reading too much in the chart?!
Currently, is essentiel, at least in my opinion, not only this GAP. Much more the 2nd one and 3rd one is huge (`cause the GAP manifest the start of the last doownside trend and following trend -reversal which even broked friday.
  • 811.97 & 807.88 GAP of last week before (2nd half of week)
  • 794.93 & 798.06 GAP of last week before (1nd half of week)
  • 782.37 & 793.18 MAIN GAP after trump election (wednesday opening)
Tech shares are under pressure since president election. Specially the F-A-N-G`s :) While NFLX             is lokking pretty bullish technicly, it seems like that FB             also can etablishing it`s upside trend (dec`16). GOOGL             should be under pressure this week, while AMZN             already slighty bearish lokks like (for this week). That`s also the reason why i closed my BABA long position manually, last week! And awaiting lower prices in AAPL             to get long again :)

As it may be comes until christmas,
huge important is the MAINLY GAP (between 782.37 & 793.18) & the monthly BB (802.89 & 784.17). Both technical facts should servce as something like support areas. Inclusive the 50% (61,80% & 38,20%) fib retracement, which is more or lesse around 789 (797 & 781) ...

All in all i am still (added: a little bit scary) slightly optimistic - even bullish - by prices above 800. Prices under 800 could have an psychological effect and maybe create much more pressure even until around 790 or 780. But at least at this area and all other techs (more or kless) should rise or even get back in green performance profit price areas, like before trump election :)

Take care
& analyzed it again
- it`s always your decission ...
(for a bigger picture zoom the chart)

This is only a analysis (for swing traders) - no recommendation !!!
Buying/Selling or even only watching is always your own responsibility ...

Best regards
Aaron
VI Tiếng Việt
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Trang chủ Sàng lọc cổ phiếu Công cụ tìm kiếm tín hiệu Forex Tìm kiếm tín hiệu Cryptocurrency Lịch kinh tế Cách thức hoạt động Tính năng Biểu đồ Quy tắc Áp dụng Người điều hành Giải pháp Website & Môi giới Widget Thư viện Biểu đồ Chứng khoán Yêu cầu tính năng Blog & Tin tức Câu hỏi thường gặp Hỗ trợ & Wiki