Quite a clean and clear bullish chart heading into earnings. If earnings are a beat and market sentiment improves in the near-term, Google can get to 2000 easily within the next 2 months before taking a long-haul flight to 2200.
Google is currently trading at nearly 35 times PE ratio yet there will be buyers in queue near the 1760 mark if we get there post an earnings beat.
Google is currently trading at nearly 35 times PE ratio yet there will be buyers in queue near the 1760 mark if we get there post an earnings beat.
Note
Was an easy bet if you bought Friday at the 1800 lows, now 1940. Knock knock 2000, Google's comin...
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.