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Alphabet is one technology heavyweight that appears to have more appreciation ahead. Daily, weekly, and the monthly price cycles all point up. Below, we see the monthly and the weekly price cycles of this stock. A confluence of such rising cycles at earnings reporting time frequently brings superior price rises. The stock is due to trade in the $145-$150 range by the end of August.
Chart 1: Monthly GOOG Price Cycle
Chart 2: Weekly GOOG Price Cycle
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This article was written by Follow Andrew Hecht is a 35-year Wall Street veteran covering commodities and precious metals. He runs the investing group...
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This article was written by Follow Daniel is an avid and active professional investor. He runs Crude Value Insights, a value-oriented newsletter aimed at...
