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Alphabet Inc., Elliott Wave Technical Analysis

Alphabet Inc., (Nasdaq: GOOGL): 4h Chart 4 December 2023

GOOGL Stock Market Analysis: We are monitoring the downside move into potential wave C as we seem to have an incomplete correction into potential wave (2).  

GOOGL Elliott Wave Count: Wave C of (2).  

GOOGL Technical Indicators: Below all averages.  

GOOGL Trading Strategy: Looking for quick shorts if $130 becomes tested resistance.  

Analyst: Alessio Barretta

Alphabet Inc., GOOGL: 1-hour Chart 4 December 2023

Alphabet Inc., Elliott Wave Technical Analysis GOOGL Stock Market Analysis: We seem to have had a three wave move to the downside as we are looking for a complete impulsive wave into either a short wave C or else wave {i} of C.  

GOOGL Elliott Wave count:  Wave {iii} of C.  

GOOGL Technical Indicators: Between all averages.

GOOGL Trading Strategy: Looking for quick shorts if $130 becomes tested resistance.

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