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End of Google? Legal Battle against its Dismantling (Thu, 21 Nov 2024)
In October 2024, the U.S. Department of Justice (DOJ) stepped up its approach against Google, signaling that it is considering a possible breakup of the tech giant as part of antitrust action. The case is the latest chapter in a long series of lawsuits against tech giants focused on competition in the search and digital ad markets. 1. Possible Antitrust Actions The DOJ has stated that it is considering both structural and behavioral remedies to curb Google's monopolistic practices. According to the department, measures that could be taken include: • Contractual requirements and prohibitions: To prevent Google from continuing to use its products, such as Chrome, Play and Android, to favor its search engine over other competitors. • Product non-discrimination requirements: Google could be forced to allow competitors to have access to the same opportunities on its platforms, such as access to emerging search and artificial intelligence (AI) features. • Search distribution agreements: Limit or prohibit exclusive agreements, such as those Google has with Apple and Samsung, that guarantee it to be the default search engine on devices such as the iPhone and other smartphones. These recommendations come after the ruling in August 2024, where a judge concluded that Google has a monopoly in the search market, violating Section 2 of the Sherman Act, which prohibits monopolies. 2. Potential Effects on Google's Distribution One of the DOJ's primary concerns is Google's ability to control the distribution of its products and, thus, its dominance in the marketplace. Suggested remedies seek to dismantle the current distribution structure that Google has established, which would include the creation of a “screen of choice” that would allow users to choose alternative search engines without being bound by default agreements with giants such as Apple. In addition, it raises the need to open up the data within Google's search index, including its AI models, to competitors. This could generate greater equality of access and improve competition in digital advertising. 3. The Impact of the Case and the Possibilities of Dismemberment Although some legal experts believe that Google will most likely have to eliminate certain exclusive agreements, such as those with Apple to be the default search engine on iPhones, the dismantling of Google seems less likely. This is due to legal complexities and the sheer size of the company, which generates millions in revenue through its search engine and digital advertising. In Q2 2024, Google Search & Other accounted for 57% of Alphabet's revenue at $48.5 billion, underscoring the company's economic power. Despite the magnitude of the potential penalties, Google has already announced its intention to appeal the ruling, which could prolong the process for several more years. In fact, Judge Amit Mehta indicated that he plans to issue a decision on remedies by August 2025, giving Google time to continue its legal efforts. 4. Global Repercussions and the Impact on Competition This case has implications beyond the United States. If the DOJ succeeds in imposing significant restrictions on Google, other regulatory authorities worldwide could follow suit. The European Union, which has already fined Google for similar practices in the past, could take additional action. The case also highlights growing global concerns about the power of large technology platforms and their ability to monopolize key sectors of the digital marketplace. From data management to control of ad platforms, Google remains a dominant player, sparking debate about the need for tighter regulation to ensure fair competition. Technical Aspect Google has faced a considerable increase in its results and this growth has caused the stock to recover its price since the end of September. If we look at the appearance of the candlesticks, an inverted shoulder-head-shoulder is forming, this would indicate that the recovery of the stock to its current highs at $193.31 is quite feasible. The current checkpoint is located at 165.47, so we must not lose sight of this possible decision of the regulator that tries to dismember one of the Magnificent 7. If the firm successfully reaches certain agreements and ensures its permanence without dismemberment, probably its next destination will be around $220-$240. Conclusion: A Future for Google in a Competitive Market? The case against Google highlights the conflict between business growth and the need to ensure fair and open markets. While a complete takedown seems unlikely, the DOJ's proposed actions could alter the way Google operates, allowing for greater competition in sectors where it has held dominance for more than a decade. With appeals and protracted legal processes, the final impact of these decisions could take years to materialize, but what is clear is that the path to regulation of the tech giants is closer than it has ever been. In short, this trial not only marks an important chapter in the regulation of Google, but also in the regulation of the entire technology industry, the repercussions of which will be felt for many years to come in the dynamics of global digital competition. Ion Jauregui - ActivTrades Analyst ******************************************************************************************* The information provided does not constitute investment research. The material has not been prepared in accordance with the legal requirements designed to promote the independence of investment research and such should be considered a marketing communication. All information has been prepared by ActivTrades ("AT"). The information does not contain a record of AT's prices, or an offer of or solicitation for a transaction in any financial instrument. No representation or warranty is given as to the accuracy or completeness of this information. Any material provided does not have regard to the specific investment objective and financial situation of any person who may receive it. Past performance is not reliable indicator of future performance. AT provides an execution-only service. Consequently, any person acing on the information provided does so at their own risk.
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Daily 4XSetUps - Battle For GAP In GOOGL Is In Full Swing (Wed, 20 Nov 2024)
2024/11/20 Daily 4XSetUps - Battle For GAP In GOOGL Is In Full Swing “the fight for the bearish gap has now been going on for 16 days! can we create a bullish breakout? next week? In December? 2025?” A trend reversal formation in August, September, and or even October, more or less, at times below the 100 SMA and 200 SMA trend line, is basically always bullish. And if the outbreak occurs even after quarterly figures have been published, as in our case, on October 30, 2024, this can be viewed as very positive. The battle for the lost bearish GAP is in full swing. And that has been the case since the announcement of the last quarterly figures, which the market, the majority of financial market participants if you will, have received very well. But the tech stocks have been declining somewhat since Trump was re-elected - they are fundamentally overvalued historically (in contrast to NASDAQ:GOOGL ) - and the price action of NASDAQ:GOOGL shares cannot escape this. Nevertheless, the technical picture is looking very well, solid and constructive, if you ask me. “If you can’t successfully do something, don’t think you can tell others how it should be done.” Ray Dalio $182.49 : 2024/11/12 - 1st False Breakout Of Bearish GAP $182.02 : 2024/10/30 - Intraday High On OR Release Date $181.54 : 2024/07/23 - Bearish GAP High $176.19 : 2024/07/24 - Bearish GAP Low $174.71 : 2024/11/20 - last price action $169.16 : 2024/08/20 - 1st High After GAP Lows $168.64 : 2024/10/01 - 2nd High After GAP Lows $168.40 : 2024/11/20 - SMA1 HL/2 Trendline $163.80 : 2024/11/20 - SMA2 HL/2 Trendline After an outstanding price jump after the last quarterly figures, even above the GAP in intraday trading, the share fell back again. And up to what price? Correct, more or less, to the interim highs, during the trend reversal formation, in mid-late August 2024 and also on the first trading day in October 2024. What was always just below the 100 SMA at that time - served as resistance zones at that time. In contrast to the 200 SMA, which served as support zones within the trend reversal formation. Why am I telling you this today? Because the price action above $169.16 and $168.64 is fundamentally positive. And, if it is held until the end of 2024 - which is what this long 4XSetUp is aiming for - it should be a good bullish start for 2025! But until then, the bearish GAP must be recaptured by us bullish traders and also investors. The terrain from $176.19 to $181.54 in order to remain clear in detail. And things are looking pretty good - but it doesn't seem to be easy for us bulls in the NASDAQ:GOOGL . -------------------------------- $190.00 - Target Price -------------------------------- $174.71 - last price action $160.37 - Entry Price -------------------------------- $140.00 - Stop Price -------------------------------- With best wishes and with good intentions! Aaron “daily 4XSetUps - …” is pure information material! By trying to give you even more information about some trading capabilities to trade and/or invest in some securities. This post is not a call to action - it only provides information. You decide (not) to decide. Even if I am writing daily 4XSetUps with concrete entry prices, target prices and/or also stop prices! It is like it is - like I said; You decide to respond to the analysis I just formulated to buy, to sell, or to do nothing! More information about my approaches to investing in something specific or just trading it, or even just describing it, can be found in the daily "Another 48h - DXY ...! Analysis Post. Where I try to track the price action in TVC:DXY every day so that we learn something new daily.
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GOOGL's Momentum Breakout: Scalp & Swing Playbook Nov. 20 (Wed, 20 Nov 2024)
GOOGL has rebounded strongly from its recent lows and is approaching key resistance levels with sustained bullish momentum. With a clear trendline structure and improving technical indicators, GOOGL offers actionable setups for scalpers and swing traders alike. Here’s a step-by-step plan to navigate the stock’s next move. Market Structure Overview * Reversal in Progress: GOOGL is recovering after a sharp sell-off, forming higher lows and climbing above critical EMAs. * Price Action Insight: Trading near $178.30, the stock is consolidating after a breakout, signaling potential for further upside or a retest of support. * Volume Trends: Increasing volume during the uptrend indicates growing buyer participation, strengthening the bullish case. Liquidity Zones * Demand Zone (Support): $172.00 - $174.00. This zone has held firm during the previous pullbacks and could act as a solid base. * Supply Zone (Resistance): $182.00 - $184.00. Sellers are likely to emerge near this level, as it aligns with the last rejection. Order Blocks * Bullish Order Block: $172.00 - $173.50. Watch for buying interest if GOOGL retraces to this zone. * Bearish Order Block: $182.00 - $183.50. This area represents the next key hurdle for bulls. Key Levels * Support Levels: $171.00, $172.00, $174.00. * Resistance Levels: $178.50, $182.50, $184.00. Technical Indicators * 9 EMA & 21 EMA (Hourly): GOOGL is trending above these indicators, confirming short-term bullish sentiment. * MACD (Hourly): Bullish crossover with a widening histogram, suggesting continued momentum. * RSI (Hourly): Approaching overbought levels, so a pullback or consolidation is possible. Scalping Plan * Entry: Look for entries near $177.50 - $178.00 on a retest of minor support. * Exit: First target at $179.50, with an extended target at $181.00. * Stop-Loss: Place a tight stop at $176.50 to limit risk. * Game Plan: Focus on momentum-based plays near breakout levels. Confirm volume and candle structure before entering. Swing Trading Plan * Entry: Accumulate near $172.50 - $174.00 for a higher-probability setup. * Exit: First target at $182.00, with the potential for $184.00 on sustained momentum. * Stop-Loss: Place below $171.00 to protect against downside risks. * Game Plan: Watch for confirmation of the trendline support and higher lows to validate a swing trade setup. Projection GOOGL is positioned for a test of $182.00 and potentially $184.00 if the bullish momentum continues. However, a failure to hold $177.00 may lead to a retest of $172.00, which could provide another buying opportunity. My Thoughts GOOGL’s recovery suggests strong potential for both quick scalps and longer swing trades. Scalpers should capitalize on short bursts of momentum near $178.00, while swing traders can leverage pullbacks to $172.00 for a longer-term play. As always, manage your risk and adhere to your plan. Disclaimer This analysis is for educational purposes only and should not be construed as financial advice. Always do your own research and consult a financial advisor before making trading decisions.
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A Great Buying Opportunity? Analyze GOOGLE's Potential for Next (Mon, 18 Nov 2024)
Recent Performance: GOOGLE has recently experienced volatility amidst a bearish market sentiment. The stock completed a bearish pattern with expectations of a pullback to around $125, contributing to concerns over its future performance after it was noted as declining over 4% in recent sessions. Despite this bearish trend, its robust valuation and diverse business model have led analysts to highlight it as a potential buy opportunity. - Key Insights: Investors should consider GOOGLE as a strategic investment due to its strong presence in the autonomous driving sector and overall market diversification. While recent trends suggest a possible further decline, analysts' confidence in its long-term growth potential warrants a closer look. With current pricing indicating attractive valuations compared to historical averages, this could be a favorable entry point for long-term investors. - Expert Analysis: Expert opinions indicate a cautious but optimistic outlook for GOOGLE. Despite its recent underperformance among technology peers, analysts remain bullish on its strategic initiatives, particularly surrounding the robotaxi market. The sentiment around GOOGLE has shifted from previous positivity, with current sentiment reflecting a significant drop. As of now, expert sentiment is notably negative but may rebound as structural strengths are recognized. - Price Targets: Based on the wisdom of all professional traders, here are the suggested price levels for next week: - Next week targets: Target 1: 175, Target 2: 180 - Stop levels: Stop 1: 172, Stop 2: 169 - Longer-term targets: Looking at a timeframe of 6-12 months, analysts suggest aiming for the $200 mark as the company capitalizes on its market position and new technological advancements. - News Impact: Notable news affecting GOOGLE includes ongoing discussions around its stability amidst mixed performance in the tech sector. It is being watched closely along with major players like Apple and Microsoft, which recently saw declines. Furthermore, the positive outlook surrounding the robotaxi market suggests that long-term prospects for GOOGLE remain strong, despite current bearish trends.
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Google I Potential positive growth in the ascending channel (Sun, 17 Nov 2024)
Welcome back! Let me know your thoughts in the comments! ** Google Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
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I am waiting for a decrease to 125, then to 220 (Fri, 15 Nov 2024)
https://www.tradingview.com/x/58euU4tz/ I am waiting for a decrease to 125, then to 220
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Daily 4XSetUps - Constructive Healthy Upward Trend In GOOGL (Wed, 13 Nov 2024)
2024/11/13 Daily 4XSetUps - Constructive Healthy Upward Trend In GOOGL why healthy? why constructive? what speaks for this analysis? obviously the last quarterly figures! the technical picture!” Strong quarterly numbers pushed NASDAQ:GOOGL shares into the latest bearish cap. The evening before, Alphabet CEO Sundar Pichai presented juicy figures. Above all, the Internet giant's advertising revenue continues to grow. Which also boosted the stock after hours on Tuesday evening - and the stock opened with a bullish GAP on the following Wednesday. A robust cloud business and increased advertising revenue gave NASDAQ:GOOGL a surprisingly strong quarterly result. Group sales grew by +15% to $88.27 billion (81 billion euros) in the past quarter, the Google parent announced on Tuesday. Analysts had only expected an increase of +12.6%. Earnings of +$2.12 per share were also above market expectations. Overall, profits jumped by a third to $26.3 billion (24.3 billion euros). “The happiest people discover their own nature and match their life to it.” Ray Dalio $181.54 : 2024/07/23 - bearish GAP High $176.19 : 2024/07/24 - bearish GAP Low $169.16 : 2024/08/20 - 1st High After GAP Lows $168.64 : 2024/10/01 - 2nd High After GAP Lows In this case, it seems like that I drew the lines really friendly, really well (with the help of technical analysis) - the price action reacts really friendly, really well also. After the fundamental analysis had done the rest - for a higher price action. Because according to the last quarterly figures, the NASDAQ:GOOGL share has just left the two highs after the bearish GAP. In turn, it left a bullish GAP behind. And was traded in the bearish GAP again for the first time. But what happens next? I don't know it! But I see that the share price has fallen somewhat again after the good numbers - just more or less at the level of the two highs after the low. And that, admittedly to my surprise, the NASDAQ:GOOGL share also went up in the last few days after the US presidential election. Therefore, it is important to let this long 4XSetUp continue to run. Because if we're lucky, we might reach the target price this year, 2024, after another 4XSetUp, namely XETR:BMW , was stopped out at €66 today in Frankfurt (Germany). Because the technical picture in NASDAQ:GOOGL looks very good - especially in combination with the last quarterly figures. So in retrospect the price action between $160 and/or $170 was a good buy zone. Fortunately - after the reaction of traders and/or investors to the numbers beforehand was rather bearish. But this lonmg 4XSetUp seems to be working? From the perspective of technical analysis and/or fundamental analysis. That`s why long is more likely to be worthwhile than bearish. With best wishes and with good intentions! Aaron “daily 4XSetUps - …” is pure information material! By trying to give you even more information about some trading capabilities to trade and/or invest in some securities. This post is not a call to action - it only provides information. You decide (not) to decide. Even if I am writing daily 4XSetUps with concrete entry prices, target prices and/or also stop prices! It is like it is - like I said; You decide to respond to the analysis I just formulated to buy, to sell, or to do nothing! More information about my approaches to investing in something specific or just trading it, or even just describing it, can be found in the daily "Another 48h - DXY ...! Analysis Post. Where I try to track the price action in TVC:DXY every day so that we learn something new daily.
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