GOOGL Some of you were talking about the stock dropping to $200 last week, some hand drawing lines in chart and some were talking about it would gradually get there or we needed to first drop to this level or that level before heading down toward 200. Ignoring that 200 was too absurd of price level.
Too much reliance on technical analysis and game of drawing lines on chart has the consequences of BSing about price action, when you ignore market sentiment and the fundamentals.
I said last week, we are at the bottom and we gonna start going up from this week. Had Friday market wide sell-off not happened, we would have been over 250 by now.
On Friday, GOOGL dropped less than any Mag7 and today it is growing better than MSFT, AMZN, META and AAPL and just behind NVDA and TSLA as of writing this.
GOOGL will continue to grow as we have ER at the end of Oct. My exit target is 265.
GOOGL No one has Crystal ball. but it seems we are at the bottom and we are blasting up from here. Maybe not today or tomorrow but it probably moves up from next week. Look at daily RSI, it is no longer overbought. Also it is hitting lower Bollinger’ band on daily chart. Not a financial advice
GOOGL Some of you were talking about the stock dropping to $200 last week, some hand drawing lines in chart and some were talking about it would gradually get there or we needed to first drop to this level or that level before heading down toward 200. Ignoring that 200 was too absurd of price level. 
MSFT, 
AMZN, 
META and 
AAPL and just behind NVDA and TSLA as of writing this. 
