Technical Analysis on Alphabet Inc. (GOOGL)

Monday, November 21st, 2022

In this Wicked Stocks video analysis, we examine Alphabet Inc. (GOOGL) presently trading above channel resistance. If (GOOGL) continues to have daily settlements above this resistance (now support), a ~15-20% increase in (GOOGL) is expected within 1-2 months. Inversely, if a settlement below channel resistance (now support) occurs, (GOOGL) is susceptible to falling back ~20% to yearly lows over the same time horizon.

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