InvestingScope

GOOGLE: Next stop --> All Time High.

Long
BATS:GOOG   Alphabet Inc (Google) Class C
Google maintains one of the steadiest trends of the year as not only does it remain on smooth bullish 1D technicals (RSI = 57.789, MACD = 1.700, ADX = 30.881) due to Channel Up 2 since June, but also it maintains Channel Up 1 since the start of the year. The 1D MACD indicates that the stock price has entered a 2 week consolidation phase, whose next leg up would be at least +20.52%, which is marginally over the All Time High (TP = 152.30).

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