GOOGLE Short-term correction is another longterm buy opportunity

BATS:GOOG   Alphabet Inc (Google) Class C
Last time we looked at Alphabet Inc (Google/ GOOG) almost two months ago (February 27, see chart below) we caught an excellent buy entry and even tough the price dipped some more after, it is approaching our 168.00 Target:

Yesterday's strong bearish 1D candle serves as an early signal that the stock can pull-back to its 1D MA50 (blue trend-line) again on the short-term before resuming the long-term bullish trend. After all this is not unfamiliar to Google's 15-month Channel Up pattern, which had a similar 1D MA50 pull-back on numerous occasions, the shortest of which has been -10.45%.

Due to the fair symmetrical attributes of the Higher Highs as well, we revise our Target and place it even higher at 175.00 (+22.18% projection from the expected Low).


** Please LIKE πŸ‘, FOLLOW βœ…, SHARE πŸ™Œ and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **


πŸ‘‡ πŸ‘‡ πŸ‘‡ πŸ‘‡ πŸ‘‡ πŸ‘‡

πŸ‘‘Best Signals (Forex/Crypto+70% accuracy) & Account Management (+20% profit/month on 10k accounts)

πŸ’°Free Channel

πŸ”₯New service: next X100 crypto GEMS!

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.