GOOGL

GOOGL

TS Forecasts. Sergey Ivanov

Spectrum.

Daily. Trading cycle contradicts to Q-Sp projection line. So, it means that further consolidation is possible followed by decline.

Q-Sp; T-Sp

Annual cycle analysis.

Stay bearish till the 1st decade of Sept.

Annual and seasonal curves

Turning points analysis.

Price may find support at 1415-1425 levels.

TPA

ZZ structure.

L-1. TPA module detected low marker of ZZ. Thus, it is highly probable changes its status. Confirmation level is 1454. Price needs to drop below this confirmation level to change ZZ's status to bearish one.

Bearish

L-2. One more swing up is expected, though price may continue decline from these levels.

Bearish


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