GOOGL - Potential Breakout Soon?
I am a HUGE fan of Alphabet for many reasons:
1. Consistent EPS growth year over year.
2. Artificial Intelligence, Cloud Computing, Autonomous Driving, Drone Delivery Technology,YouTube, etc. are some of the amazing investments this company has made.
3. Strong balance sheet for future investments.
I would like it pull back a little bit before going long. Heavy resistance at $1440 where it closed on Friday. It looks like momentum is slowing down so hopefully I can get an entry at around $1300. I bought a bunch at $1000!!! I regret not buying more. This is a stock to hold for the next 20-30 years.
1. Consistent EPS growth year over year.
2. Artificial Intelligence, Cloud Computing, Autonomous Driving, Drone Delivery Technology,YouTube, etc. are some of the amazing investments this company has made.
3. Strong balance sheet for future investments.
I would like it pull back a little bit before going long. Heavy resistance at $1440 where it closed on Friday. It looks like momentum is slowing down so hopefully I can get an entry at around $1300. I bought a bunch at $1000!!! I regret not buying more. This is a stock to hold for the next 20-30 years.