$GOOGL continuing bull run through end of year?
*Before reading the information in this please understand the risks associated with both the stock market and investing as a whole. ALWAYS do your own research; invest with conviction, rather than emotion.*
*Please understand I am in no way a professional and offering investment advice, all ideas shared are simply opinion.*
*I work with a team of individuals that does research into potentially undervalued publicly traded companies. We use a mix of fundamental and trend analysis to formulate a trading plan for our securities.*
Google ($GOOGL) is a company I will *probably* be holding for at least the next five years. This global technology powerhouse has been on a rampage this year, going up nearly $1000 in share price since the beginning of 2021, when the company still held a mighty impressive $1600 share price. They currently appear to have two bullish trends active, one long term starting in March of 2020, as well as a bullish trend started in January of this year.
Google is a global phenomenon, touching every country in the world; that in itself is a powerful intangible asset. This paired with their ability to smash estimated earnings on a quarterly basis, Google is the benchmark for success in the industries they touch.
If entry is secured in this price range, someone could see Google run close to 25% by the end of the year. Our price points are as follows:
ENTRY: $2520
STOP LOSS: $2300
TAKE PROFIT 1: $2800
TAKE PROFIT 2: $3100
Be sure to follow me @tradebuckets for future updates and posts.
Check out my team over at @SimplyShowMeTheMoney
Members of our team are followed there.
*Please understand I am in no way a professional and offering investment advice, all ideas shared are simply opinion.*
*I work with a team of individuals that does research into potentially undervalued publicly traded companies. We use a mix of fundamental and trend analysis to formulate a trading plan for our securities.*
Google ($GOOGL) is a company I will *probably* be holding for at least the next five years. This global technology powerhouse has been on a rampage this year, going up nearly $1000 in share price since the beginning of 2021, when the company still held a mighty impressive $1600 share price. They currently appear to have two bullish trends active, one long term starting in March of 2020, as well as a bullish trend started in January of this year.
Google is a global phenomenon, touching every country in the world; that in itself is a powerful intangible asset. This paired with their ability to smash estimated earnings on a quarterly basis, Google is the benchmark for success in the industries they touch.
If entry is secured in this price range, someone could see Google run close to 25% by the end of the year. Our price points are as follows:
ENTRY: $2520
STOP LOSS: $2300
TAKE PROFIT 1: $2800
TAKE PROFIT 2: $3100
Be sure to follow me @tradebuckets for future updates and posts.
Check out my team over at @SimplyShowMeTheMoney
Members of our team are followed there.