$GOOGL - Breakout
GOOGL has had a nice consolidation period and is now breaking out of that formation. Watch to make sure it is not a false breakout but I really like this price. Estimates into next year are between $3200-3500. FCF is stronger than ever and I do not see any reason to think ad revenue will be slowing down especially into next year.
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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.