GOOGLE You can still catch this BUY to based on these indicators

Aug 26

Alphabet Inc. (GOOG) is in the process of forming a bottom following the July and early August correction. Technically it has already priced the new Higher Low (green Arc) on the 20-month Channel Up but is underperforming relative to the rest of the tech sector.

This is why it hasn't yet broken above the 1D MA100 (green trend-line) but this isn't at all discouraging. Every break within this long-term Channel Up below the 1D MA100 and subsequent recovery above it, confirmed the start of its new Bullish Leg. This has only taken place when the 1D MACD formed a Bullish Cross below the 0.0 mark, which last took place on August 16.

The above occurrences indicate that it is not late to catch this unique long-term buy on Google. Following the October 27 2023 Low, the first High it made was after a +28.14% rise. As a result our first long-term Target is $200.

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