Google Stock Analysis for Today and Before its Upcoming Earnings

TradeCompass for Google Stock: Price Prediction and Trading Strategy Before Earnings

This detailed guide provides a roadmap for day traders and swing traders to approach Google (Alphabet) stock ahead of earnings. By identifying key price levels, institutional activity zones, and risk management techniques, the aim is to protect capital, secure profits, and capitalize on potential market opportunities.

Google Stock Price Analysis: Current Market Context

Google (Alphabet) stock has shown resilience, declining less than competitors like Microsoft and NVIDIA amid broader market concerns, including panic over DeepSeek and AI-related stocks. While the exact reasons for the market’s pullback remain uncertain, these declines often offer strategic entry points near institutional buy zones. This article outlines a plan for traders looking to trade Google before earnings while mitigating risk.

Key Price Levels for Google Stock Before Earnings

Buy Levels

1. $190.48

   • A strong support level based on recent institutional activity.
   • Example: Allocate one-third of your budget (e.g., $33 of $100) here.

2. $189.33

   • Located just above the value area low of January 2nd and December 18th.
   • This level was tested on January 14th and remains a critical zone for buyers.

3. $188.12

   • Corresponds to the 3rd lower standard deviation of the VWAP from January 11th.
   • This serves as a deeper, less likely buy level for risk mitigation.

Stop Loss

• Set at $186.14, just below the Point of Control (POC) from December 10th, providing an additional buffer against downside risk.

Profit Targets for Google Stock

1. $191.88

   • A quick profit target near the value area low of January 14th, designed to reduce exposure early and secure gains.

2. $194.65

   • Near the value area high of January 10th and close to the current price.
   • Represents an intermediate target where partial profits can be taken.

3. $198.86

   • An important level near the value area high observed from December 17th to mid-January.
   • This target aligns with areas where institutions may offload profitable longs.

Optional Runner:Consider leaving a portion of your position open for earnings. This allows you to capture potential upside from a favorable earnings report.

How to Trade Google Before Earnings: Risk Management Tips

• Partial Profit-Taking: Mitigate risk by securing gains at each target level instead of holding out for one large move.
• Capital Protection: Adhere strictly to the stop-loss level at $186.14 to avoid significant losses.
• Position Sizing: Allocate equal amounts to each buy level for balanced exposure.

Google Stock Price Prediction Before Earnings

With Google stock showing relative strength in a weak NASDAQ environment, there’s potential for a rebound ahead of earnings. Institutions may view the current dip as an opportunity to add to positions, especially at the outlined buy levels. If earnings exceed expectations, the stock could rise toward $198.86 or beyond. However, a disappointing report may lead to further downside, emphasizing the importance of risk management.

Why This Trading Plan Works

This approach targets key institutional buy zones where volume and price action suggest heightened activity. By combining technical analysis with risk mitigation, traders can position themselves strategically ahead of earnings. Leaving a runner allows flexibility to capture any significant post-earnings momentum while protecting capital through partial profit-taking.

Final Thoughts: Trade Google at Your Own Risk

Trading Google stock before earnings offers both opportunity and risk. The outlined plan provides a structured framework for making informed decisions, but market reactions can be unpredictable. Always conduct your own research and adapt this strategy to your risk tolerance. Visit ForexLive.com and remember that GOOG is reporting its earnings on 4th of Feb 2025.

This article was written by Itai Levitan at www.forexlive.com.