$GOOGL - strong pullback but long term uptrend intact

מאת ‎Badassmofo‎
Strong earnings surprise for previous few quarters, and strong uptrend intact as shown by 50 and 150SMA trend lines. Short term pullback is a great time to add onto current GOOGL positions, 150SMA act as strong support at USD 160 also with forward EPS expected to be approx USD 8 it indicates a great value to add GOOGL at USD 160 as it reflects 20X fair value multiple
alphabetgooglelongTrend Analysis

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