"Right now, the charts as interpreted by Larry Williams, suggest we've got incredibly bullish action in Google, very good bullish action in Amazon and money in the bank action in what we call knockout, Coca-Cola. I would not bet against Larry Williams," the "Cramer said that judging from Williams' methodology, Alphabet and Amazon have held up better than other big tech names that have been beaten up during this year's market volatility.
There are more signs that the stock is bullish, according to Cramer. First is the blue line at the bottom of the chart, called an on-balance volume indicator, which measures volume flow. This line shows that Alphabet stock volumes held above January lows in February and March, Cramer said. Here's Amazon's daily chart plotted next to its seasonal pattern, which measures how stocks typically do at a given point in the year:"Just like with Google, this is exactly the time of year when Williams would expect a bottom based on the calendar," Cramer said.While Williams' analysis suggests that Google and Amazon will have positive performances, Cramer acknowledged that tech stocks' struggles this year could make those stocks unattractive for wary buyers.
🚀 we're airdropping $23,000 in $Ape among the first 4000 people who follow with bell on and retweet! 🚀 🚀24 Hours to GO🚀 Bayc Apecoin
SherylSandberg & Schrep, Please create Non-Binding Irrefutable Consensuses, where Entities query very many Citizens of very many Constituencies on very many things, at a Penny-Per, via The Operator, Displaying the Results on Convergence: A Map of the World.
It is very important that companies distinguish 'Permanent Layoffs' from Resignations after HyperCapSoc. Please use NICs to Forecast Post-HCS Employee Retention Rates and begin F-R Feasibility and Implementation Studies.
Forward Guidance for All Companies After Consensus and HyperCapSoc: Merge with All Your Rivals in Your Industry and Utilize the Collective Resources, in Remaining Human Labor and Capital, to Implement End-to-End Humanless Solutions Wherever it is Feasible.
HyperCapSoc The Downside: 1. The Exodus & The UnSeamless Transition 2. Judgment Day: Fearful-Despots & Anarchy 3. The Fix is Down. The Gougers Crunch 4. The Price of Peace: No Hell-or-Coppa's Money 5. The Wall Street War(s) & Makeup of the Multi-National Investment Portfolios.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: FXStreetNews - 🏆 14. / 72 Read more »