036. PIGGISH PLAY - Long Alphabet Inc. (GOOG)
I hate to say it but I love Google. Everything it touches is amazing.
And that's all for fundamental analysis.
On the technical side, the stock has been showing signs of major bullish life. For the past month, I've observed that GOOG outpaces the market significantly on green days and also shows strength on red days. Moreover, I believe we are witnessing the start of a new bull market - as per the decennial cycle since market immemorial. The historically best period to invest money in stocks is every other "2" year - "6" year. In other words, 2022 - 2026 would qualify as such a period. which is now.
On the more technical side, I have displayed a simple Fibonacci retracement from the prior highs and is perfectly aligned with the subsequent peaks and troughs of the bear run down. The trade is to 152 for now, using Calls expiring in August and are at the current money. Play this one long and safe for the next half year and definitely use it as a cornerstone in your new bullish portfolio.
- Pigoogly Pig
GOOG
US100
SPX
And that's all for fundamental analysis.
On the technical side, the stock has been showing signs of major bullish life. For the past month, I've observed that GOOG outpaces the market significantly on green days and also shows strength on red days. Moreover, I believe we are witnessing the start of a new bull market - as per the decennial cycle since market immemorial. The historically best period to invest money in stocks is every other "2" year - "6" year. In other words, 2022 - 2026 would qualify as such a period. which is now.
On the more technical side, I have displayed a simple Fibonacci retracement from the prior highs and is perfectly aligned with the subsequent peaks and troughs of the bear run down. The trade is to 152 for now, using Calls expiring in August and are at the current money. Play this one long and safe for the next half year and definitely use it as a cornerstone in your new bullish portfolio.
- Pigoogly Pig
GOOG
US100
SPX
