GOOGL

GOOGL

TS Forecasts. Sergey Ivanov

Trading cycle and Q-Sp projection line is currently aligned till the second half of Sept. This is corresponds to annual cycles as well as you may see below.

Q-Sp projection line and T-Sp cycle

The stocks perfectly follow annual cycle which is currently normal but tends to invert. Seasonal curve has 100% efficiency for the last 5 years. Thus, according to both seasonal and fast annual curves further decline is expected till the 1st decade of Sept. Stay bearish.

Fast annual and seasonal curves

TPA suggest current resistance level to enter bearish with targets at support 1350.

D1 TPA

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