CapitalHubs
Short

Google In Seasonal Downturn

BATS:GOOG   Alphabet Inc (Google) Class C
487 views
3
Google's seasonal pattern suggests that the stock usually bottoms out in mid summer. As seen on the chart probably that move has already began.

This chart also shows some more interesting patterns. Bull runs usually last 3 to 3.5 months and bring some 32-39% returns, while corrections are not deeper than 16-17%. Assuming the last as a support $712 (200 MA) looks like this summer target.

Best
CH

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out