Alphabet Inc (Google) Class C
Long
Aggiornato

$GOOG Possible Demand Zone 155-143 Targeting 178 By earning!

505
One of worst weekly candles and 3 bearish soldiers pattern made it extremely bearish but now entered the demand zone between 155 to 143 expecting accumulation into this range then possible bottom by mid of April then moving higher after earning targeting upper gap but we keep the target more secure by targeting 178 as closing trade. 161-164 is strong resistance . so the idea bye with weakness and accumulate during coming days with stop loss below 140 approx. Earning estimate 1.6 which is a drop from 2.4 last quarter by 30% - P/E at 19.98 EPS at 8.12 - Average analyst rating at 215 (+60$) from last close at 156. these fundamental make this idea is much likely to succeed. Good luck - please like and share . thanks
Trade attivo
istantanea
Nota
GOOG perfect match!! closed at the channel top . still RSI not confirming
istantanea
Nota
GOOG again close at the down trendline! maybe consolidation then moves again - 164-161.5 still strong resistance
istantanea
Trade chiuso: obiettivo raggiunto
Was one my best ideas. Congratulation ! reached 171$ after earning

istantanea

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