How Google’s Earnings Confirmed a Classic Breakout Retest Pattern

AMZN Earnings Today

The next BIG crash could hit the S&P 500 soon — see how I’m preparing at 2 p.m. ET   AMZN Earnings Today  First, don’t miss today’s Daily Chart Setup trade idea down lower in this newsletter! AMZN (aka Amazon) reports earnings after the close. The chart has been sitting at a target zone to the upside that I have had for a few years. Can it push through or is the risk of retrace high right now? We will look at it during the open. Come join me as we dive in and see what’s moving! Plus, as always, we have stocks popping and dropping so come find out what is moving this morning as I look for stocks and do some live premarket analysis on SPX, SPY, NDX, QQQ, Russell, IWM and other stocks that are potential plays for the day.    — — —    How Google’s Earnings Confirmed a Classic Breakout Retest Pattern Sometimes, the market just sticks to the script. If you were watching Google parent company Alphabet’s (GOOG; GOOGL) earnings Tuesday, you saw exactly what I’ve been talking about. The stock did precisely what the technicals suggested it would do — pulling back to retest the breakout level after its earnings report. Now, did I know exactly what Google was going to say in its earnings? Nope. No clue. But that’s not the point. The patterns were there, clear as day, and they played out like clockwork. Before earnings, I said if the stock hit that resistance level, we’d likely see a pullback to the breakout zone. And what happened? Right back to that breakout level.    This isn’t magic — it’s just math and pattern recognition. The question now is: Do we hold that breakout level, or do we come down even further? The Power — and Limits — of Patterns Let’s be clear...  Just because these patterns have worked in the past doesn’t mean they’ll work forever. This is trading, not fortune-telling. Patterns can and do fail. I’ve seen setups that look perfect fall apart without warning. But when you see the same moves happen again and again, you start to trust the probabilities. This is why I always say: You’ve got to stay on your toes.  If the patterns quit working, it’s time to adapt. Markets evolve, and what worked yesterday might not work tomorrow. That’s the reality. But when you catch a pattern like this Google setup, it’s a reminder of why technical analysis remains such a powerful tool. The earnings could’ve been great, terrible, or somewhere in between.  But the technicals suggested a retest, and that’s exactly what we got. What’s Next for Alphabet? Now that we’re back at the breakout level, we’re in a critical zone. If the stock holds this support, there’s potential for a move back up, with the next upside target around $225. But if the stock breaks down below this level, we could see a deeper pullback, potentially down to the next support range. It’s a waiting game now. The setup worked, but what happens next will tell us whether the bulls still have control or if the bears are ready to take over. This is where discipline comes in. Don’t rush into trades just because you think you’ve got it figured out. Wait for the confirmation. Let the price action tell you the story. Because in the end, it’s not about predicting every move — it’s about recognizing the patterns, managing the risks, and letting the probabilities work in your favor. Now be sure to join me live at 9:15 a.m. ET for “Morning Monster,” my market-open livestream on YouTube!   ‘Morning Monster’ Is Starting NOW! I’m also live at 5 p.m. ET on Tuesdays for “30 Minutes of Awesome” — bring your ticker and I’ll analyze it in real time! And be sure to hit that Subscribe button on my YouTube page! _____________________________________________________ The Next BIG Crash Could Hit the S&P 500 Soon  Look, the S&P 500 didn’t just plunge by 35% all of a sudden in 2020… The signs were there… but most folks shrugged it off. But me? I followed it closely and it helped me avoid the market crash – heck, not only did I avoid the crash, but I turned $250k into $1.4m in less than a month! Now, after years of total silence, the same signs are showing up again… And if it plays out just like it did in 2020, when the S&P 500 saw one of its greatest losses in history, we could see the markets plummet even more. But you don’t need to panic about this market chaos hitting you unawares… Because at 2 p.m. ET today, I’ll be in the LIVE room to show you how you can protect your portfolio from taking a nose dive… You’ll also see how you can position yourself to turn the potential market chaos into your advantage. I can’t guarantee wins or prevent losses, but this could be one of the best events you’ll attend this year…   Grab Your Spot Here for 2 PM ET _____________________________________________________ Today’s Daily Chart Setup: CoStar Group (CSGP)     This idea came directly from my Daily Chart Setup that automatically signals potential plays.    • CSGP is a new potential entry. Target: 84.53 Stop below: 67.41   • CSGP has a historical win rate of 94.74%   • CSGP has a profit factor of 32.47   • CSGP trades last 56 trading days on average over 19 trades since 1998.   See the secret behind these signals here!   This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk. Always remember that past performance is not indicative of future results. How the Daily Chart Setup Works Here’s a more detailed description of how the pattern triggers: 1. The price breaks upward through the orange Market Roadmap Line.  2. Then the price goes up and down while staying above the line. Eventually, it comes down to touch the line again — this could take days, weeks or even months.  3. Once it touches the line and starts moving back up, that signals an entry.  I use Fibonacci levels for for profit targets and stop losses, and these two tools combined have helped me achieve a 77% win rate over the past six-plus years! You can grab my Market Roadmap Indicator here for just $5 — less than a cup of coffee at most places! Jeffry Turnmire Jeffry Turnmire Trading I host my “Morning Monster” livestream at 9:15 a.m. ET each weekday on YouTube, and then “30 Minutes of Awesome” at 5 p.m. ET each Tuesday! Please check out my channel and hit that Subscribe button! I’m just a regular dude in Knoxville, Tennessee: a husband, father, civil engineer, urban farmer, maker and trader. I've been at this trading thing with real money for 20-plus years, and started paper trading over 35 years ago. I have a knack for making some epic predictions that just may very well come true. Why share them? Because I like helping other people — it's the Eagle Scout in me.  *This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk.

The next BIG crash could hit the S&P 500 soon — see how I’m preparing at 2 p.m. ET   AMZN Earnings Today   First, don’t miss today’s Daily Chart Setup trade idea down lower in this newsletter!   AMZN (aka Amazon) reports earnings after the close. The chart has been sitting at a target zone to the upside that I have had for a few years. Can it push through or is the risk of retrace high right now? We will look at it during the open.   Come join me as we dive in and see what’s moving!   Plus, as always, we have stocks popping and dropping so come find out what is moving this morning as I look for stocks and do some live premarket analysis on SPX, SPY, NDX, QQQ, Russell, IWM and other stocks that are potential plays for the day.    — — —    How Google’s Earnings Confirmed a Classic Breakout Retest Pattern   Sometimes, the market just sticks to the script.   If you were watching Google parent company Alphabet’s (GOOG; GOOGL) earnings Tuesday, you saw exactly what I’ve been talking about. The stock did precisely what the technicals suggested it would do — pulling back to retest the breakout level after its earnings report.   Now, did I know exactly what Google was going to say in its earnings? Nope. No clue. But that’s not the point. The patterns were there, clear as day, and they played out like clockwork.   Before earnings, I said if the stock hit that resistance level, we’d likely see a pullback to the breakout zone. And what happened? Right back to that breakout level.    This isn’t magic — it’s just math and pattern recognition.   The question now is: Do we hold that breakout level, or do we come down even further?   The Power — and Limits — of Patterns   Let’s be clear...    Just because these patterns have worked in the past doesn’t mean they’ll work forever. This is trading, not fortune-telling. Patterns can and do fail. I’ve seen setups that look perfect fall apart without warning. But when you see the same moves happen again and again, you start to trust the probabilities.   This is why I always say: You’ve got to stay on your toes.    If the patterns quit working, it’s time to adapt. Markets evolve, and what worked yesterday might not work tomorrow. That’s the reality.   But when you catch a pattern like this Google setup, it’s a reminder of why technical analysis remains such a powerful tool. The earnings could’ve been great, terrible, or somewhere in between.    But the technicals suggested a retest, and that’s exactly what we got.   What’s Next for Alphabet?   Now that we’re back at the breakout level, we’re in a critical zone. If the stock holds this support, there’s potential for a move back up, with the next upside target around $225. But if the stock breaks down below this level, we could see a deeper pullback, potentially down to the next support range.   It’s a waiting game now. The setup worked, but what happens next will tell us whether the bulls still have control or if the bears are ready to take over.   This is where discipline comes in.   Don’t rush into trades just because you think you’ve got it figured out. Wait for the confirmation. Let the price action tell you the story.   Because in the end, it’s not about predicting every move — it’s about recognizing the patterns, managing the risks, and letting the probabilities work in your favor.   Now be sure to join me live at 9:15 a.m. ET for “Morning Monster,” my market-open livestream on YouTube!   ‘Morning Monster’ Is Starting NOW! I’m also live at 5 p.m. ET on Tuesdays for “30 Minutes of Awesome” — bring your ticker and I’ll analyze it in real time!   And be sure to hit that Subscribe button on my YouTube page! _____________________________________________________ The Next BIG Crash Could Hit the S&P 500 Soon   Look, the S&P 500 didn’t just plunge by 35% all of a sudden in 2020…   The signs were there… but most folks shrugged it off.   But me? I followed it closely and it helped me avoid the market crash – heck, not only did I avoid the crash, but I turned $250k into $1.4m in less than a month!   Now, after years of total silence, the same signs are showing up again…   And if it plays out just like it did in 2020, when the S&P 500 saw one of its greatest losses in history, we could see the markets plummet even more.   But you don’t need to panic about this market chaos hitting you unawares…   Because at 2 p.m. ET today, I’ll be in the LIVE room to show you how you can protect your portfolio from taking a nose dive…   You’ll also see how you can position yourself to turn the potential market chaos into your advantage.   I can’t guarantee wins or prevent losses, but this could be one of the best events you’ll attend this year…   Grab Your Spot Here for 2 PM ET _____________________________________________________ Today’s Daily Chart Setup: CoStar Group (CSGP)     This idea came directly from my Daily Chart Setup that automatically signals potential plays.    CSGP is a new potential entry. Target: 84.53 Stop below: 67.41   CSGP has a historical win rate of 94.74%   CSGP has a profit factor of 32.47   CSGP trades last 56 trading days on average over 19 trades since 1998.   See the secret behind these signals here!     This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk. Always remember that past performance is not indicative of future results.   How the Daily Chart Setup Works   Here’s a more detailed description of how the pattern triggers:   1. The price breaks upward through the orange Market Roadmap Line.    2. Then the price goes up and down while staying above the line. Eventually, it comes down to touch the line again — this could take days, weeks or even months.    3. Once it touches the line and starts moving back up, that signals an entry.    I use Fibonacci levels for for profit targets and stop losses, and these two tools combined have helped me achieve a 77% win rate over the past six-plus years!   You can grab my Market Roadmap Indicator here for just $5 — less than a cup of coffee at most places! Jeffry Turnmire Jeffry Turnmire Trading   I host my “Morning Monster” livestream at 9:15 a.m. ET each weekday on YouTube, and then “30 Minutes of Awesome” at 5 p.m. ET each Tuesday!   Please check out my channel and hit that Subscribe button!   I’m just a regular dude in Knoxville, Tennessee: a husband, father, civil engineer, urban farmer, maker and trader.   I've been at this trading thing with real money for 20-plus years, and started paper trading over 35 years ago. I have a knack for making some epic predictions that just may very well come true. Why share them? Because I like helping other people — it's the Eagle Scout in me.    *This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk.

ABOUT US:  We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. Jeffry Turnmire Trading provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Jeffry Turnmire Trading are for your informational purposes only. Neither Jeffry Turnmire Trading nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Jeffry Turnmire Trading is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions.  Please visit https://prosperitypub.com/terms-conditions/ for our full Terms and Conditions. Unsubscribe This email was sent to phanxuanhoa60.trade1357@blogger.com by Prosperity Pub 101 Marketside Ave, Suite 404 PMB 318, Ponte Vedra, Florida 32081, United States Prosperity Pub

ABOUT US:  We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. Jeffry Turnmire Trading provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Jeffry Turnmire Trading are for your informational purposes only. Neither Jeffry Turnmire Trading nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Jeffry Turnmire Trading is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions.  Please visit https://prosperitypub.com/terms-conditions/ for our full Terms and Conditions. Unsubscribe This email was sent to phanxuanhoa60.trade1357@blogger.com by Prosperity Pub 101 Marketside Ave, Suite 404 PMB 318, Ponte Vedra, Florida 32081, United States Prosperity Pub