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Alphabet Inc (Google) Class C
Short

$GOOG GOOGLE BIG Rising Wedge Bear Flag on the Daily Timeframe

188
GOOG GOOGLE

This rising wedge could be confused as a bear flag, however, both patterns are similar, bearish and generally followed by downside.

My guess is we fill the gap below the next support before seeing any major reversal on this stock.

Are there any hungry bears out there? GOOGLE this pattern and get ready!



On a fundamentals it is a buy buy buy long term according to all analyst because it doesn't have a sell rating. This wouldn't make most comfortable to enter short.
HOWEVER, google missed earnings Q1 2022 and it has been down trending since.
Google makes their money from search and unless they post good earnings or make an announcement I don't see why the gap below wouldn't fill based on TA.
ChaldeaCode
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Chart PatternsdaytradingFundamental AnalysisGoogle (Alphabet)googlegoogleshortswingtradingtradingTrend Analysis

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Chart PatternsdaytradingFundamental AnalysisGoogle (Alphabet)googlegoogleshortswingtradingtradingTrend Analysis
ChaldeaCode
Aussi sur:

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.