ALPHABET (GOOGLE) – Fighting on the Edge…

ALPHABET –  Back Today on ATA Research Radar 

 

ATA Continuation of…

25.04.2019 –  ALPHABET (GOOGLE) – Searching the Top…

 

Alphabet  Main Motives 

Surpasses Q2 Earnings & Revenue Estimates

&

Nasdaq  –   July All Time High 

vs

Alphabet  after Earnings 

still No New Top  on  Nasdaq Bull Market Euphory 

Present P/E  25.14  vs  Forward  P/E  23.27

P/BV 4.50

 

google - 1

 

First…ATA  from  25.04.2019  

” Present Risk of  Top Patterns : 

M or 2B  & Invert Ending Diagonal

 

Second…Present Alphabet   Situation 

Alphabet  LONG TERM  SITUATION 

ATA MARKET MODEL  IN LONG TERM ACTION  

 

ATA MIND OVER MARKETS

Follow the Trendlines  Not the Headlines 

 

ATA MARKET MODEL :

First…Market Motive…

Second…Market Technical  Pattern…

 

First…Key Motives

above in this text…

 

Second…Market Technical  Patterns 

Now  still dominating

Bull Trend 

above Key Monthly MA

in Long Term Rising Trend Channel

starts from 2008 year

vs

still Active  Risk of  Top Patterns : 

M or 2B  & Invert Ending Diagonal

 

Main Resistance Zone

1500 -1550 USD –  Upper Channel Trendline 

1290 – 1300 USD – M  Pattern Zone 

with

Psychological Key Level 1300 USD 

vs

Main Support Zone

1150 USD –  Rising Trendline 

980 – 1050  USD – December 2018 Low 

with

Psychological Key Level 1000 USD 

with

MACD Monthly 

still Active Sell Signal  &  Negative Divergence 

but

Now  still in Support Zone 

 

 

ATA Investment Conclusion

still Special Focus on

Alphabet Smart Money Battlefield  

1300 USD  ( Psychological Level )

vs

1150 USD  ( Rising Trendline )

&

980 – 1050  USD  ( December 2018 Low )

with

1000 USD ( Psychological Level )

&

Key Monthly MA

with

SM Reaction on 

FED Meeting & Verdict  – 31 July 

Finally – EOM – July 

 

never forget

Chart is More Important than 1000 Words…

&

Most Important s Final Smart money Reaction…

EOM – July 

 

 

Alphabet Monthly Charts :

25.04.2019 

Google - M - Line log

Google - M - Line log - Focus

Google - M - Line

 

Alphabet  Quarterly & Monthly Charts :

26.07.2019  – EOW 

Google - Q png

Google - M - Line log

Google - M - Line log - Focus

Google - M

Google - M - Line

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