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TradingMavericks

GOOGL : RESET / POSITION TRADE

Long
Alphabet Inc (Google) Class A (NASDAQ:GOOGL)  
TradingMavericks Updated   
NASDAQ:GOOGL   Alphabet Inc (Google) Class A
Trend Analysis Chart Patterns Technical Indicators GOOGL position positiontrade reset consolidation consolidation-breakout
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trendanalysis chartpattern indicator googl position positiontrade reset consolidation consolidation-breakout
To sum up everything, GOOGL is a great business. Search is wonderful, and provides a continuous tailwind for the business. There's very little that can stop GOOGL, including competitors and the government. My favorite reason to own GOOGL is its huge pile of cash, which provides a tremendous margin of safety, to weather any storm. That cash also offers wonderful optionality, including the possibility of buybacks. Personally, I'm a buyer up to $2K.

Source : John Rhoades, SeekingAlpha

seekingalpha.com/art...googles-money-secret
Trade closed: target reached
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