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Analysis: #NASDAQ: #GOOGL
Case 10 #Alphabet Inc Class A
Alphabet Inc. was created after a corporate restructuring of #Google Oct 2, 2015
DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.
Thread 👇👇👇
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Case 10 #Alphabet Inc Class A
Alphabet Inc. was created after a corporate restructuring of #Google Oct 2, 2015
DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.
Thread 👇👇👇
1/16
Google had been in a healthy uptrend ever since it was launched as an #IPO. A broad $300 range developed in July 2018 and this range is still being played out.
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Chart 1
Monthly Chart: #Trendline and #trendlinepivots drawn off the most reliable closes. Horizontal #pivots off peaks act as strong support.
3/16
Monthly Chart: #Trendline and #trendlinepivots drawn off the most reliable closes. Horizontal #pivots off peaks act as strong support.
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