NEVER SHORT GOOGLE. IT WILL NEVER FALLAlphabet Inc. Class ABATS:GOOGLTotSamiyKaaShorting a giant: Who is betting against Google, and what do they see in the technicals, that most miss? # - - - - - Fundmentals: Global Trend: Definitely Bullish 1. One of the world's top cash-generating machines, making it highly attractive to investors and using its cash capacity for share buybacks. 2. Technology dominance and competitive power in a wide range of digital markets (search, data, AI, content, etc.) due to acquiring the elite tech talent working and creating for the company. 3. A dirty but wealthy market player, meaning the company either buys competitors with better technologies or destroys them with lawsuits. Local Trend: Slightly Bearish 1. Due to increased energy costs for DCs (data centers, which the media attributes to AI) and current global energy demand, expenses might rise; consequently, the company will burn its cash and will have less power for buybacks. 2. There are still some powerful competitors in some markets where Google participates which are wealthy enough to fight back and steal customers from Google. 3. The most important point: big capital is rational and it sells on highs in order to buy on lows. And we are still not that far from the highs. This also happens because of difficult market sentiment, leading investors to make decisions quickly. # - - - - - Technicals: 1. The space above the recent high is empty so in case the price finds the bullish momentum, the upper bound will be unpredictable. BUT 2. An unclosed liquidity pocket and 1D Imbalances are directly below the low of the current 1W candle followed by the recent accumulation zone. A number of liquidity pockets follow down to 189.0 with another 1D Imbalance zone 3. The 2 zones which the price might see as targets for retest are the and the more important zone. This can be seen by the volumes traded during the recent consolidation of the price in the aforementioned zones. 4. The yellow lines at 259.0 and 200.0 are the first spots where the price will be protected by bulls as there are still orders placed there. 5. If we take a look at the 1D TF we see the price setting lower lows and lower highs, meaning a local bear market is underway. # - - - - - Conclusion: For the possible further correction there are 2 scenarios: Scenario #1: Healthy Correction: Maximum Drop of approx. 15% from the current price with targets in the Initial Target Zone ✅ Entry Point: Market 🛑 Stop-Loss: 327.21 🤑 Target 1: 258.8 🤑 Target 2: 250.0 🤑 Target 3: 240.7 Scenario #2: Fear on Markets: Maximum Drop of approx. 35% from the current price with Targets in MAIN Target Zone ✅ Entry Point: Market 🛑 Stop-Loss: 327.21 🤑 Target 1: 200.0 🤑 Target 2: 192.6 🤑 Target 3: 183.90 # - - - - - Both Scenarios are invalidated if we see 1W close above 318.0 # - - - - - Good Luck! ☺️ # - - - - - DISCLAIMER: Not financial advice. Everyone must make trading decisions at their own risk, guided only by their own criteria and strategy for opening or not opening a trade. # - - - - -