The wave count suggests new high is a matter of time. The main event-risk is Q3 earnings report due on Oct 22 after market. Target zone is 717-736.
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Alphabet (GOOG) announced its quarterly earnings results on Thursday, Oct-22-2015. The company reported $7.35 Earnings Per Share for the quarter, beating the analyst consensus estimate by $0.14. Analyst had a consensus of $7.21 EPS. The company had revenue of $18675.00 million for the quarter, compared to analysts expectations of $18422.99 million.The company’s revenue was up 13.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $6.35 EPS.