Alphabet Inc (GOOGL)

[ITMS]

Here Is The Master Short Level On Alphabet Inc $GOOGL

Shares of Alphabet Inc (NASDAQ:GOOGL) are surging today as the market reversed early losses and spiked dramatically higher. Today is the first day since the massive collapse last week where investors are ignoring negatives and buying-the-dip. To give an example of this, look at yields on the 10 year bond. They are hitting 2.90% on the back of higher inflation data. This would have been a major negative last week but today, after a gap lower, investors are ignoring it and buying the market. This shows us a resurgence of the buy anything and everything mentality, a good sign for those wanting the markets to move higher so they can get off a good short. Alphabet Inc reported poor earnings results recently. This means that it will be a prime candidate for a short when the right price target is hit. that right price target is $1,182.00. This is a major gap fill and close to a major double top. If the price of Alphabet Inc can hit this level, it becomes a strong, high priority short trade. I will be laying in wait to take it myself.




Gareth Soloway
InTheMoneyStocks