GOOGL
✅ Google is showing positive technical signs, reclaiming its key moving average this week on increased volume.
📊 The company recently reported strong earnings results, contributing positively during a crucial earnings season and alleviating some market uncertainty.
📈 While individual performance is strong, confirmation of a broader market recovery through reclaiming moving averages across indices is still needed.
@VisionariosBolsa:
“Stocks like Google, for example, are already recovering that moving average this week. Look, volume is above last week’s, as I said, price and volume are speaking for themselves. We still need to see that recovery of moving averages, but in Google’s case, for example, we are already recovering that average. Furthermore, this week it presented results that were very good. It’s very important, I mentioned it in recent weeks in the visionaries chat, the importance of this earnings season being positive. It’s never good to add fuel to the fire, so to speak, with market uncertainty, geopolitical issues, tariffs, etc., and then have large companies report poorly, give bad results, not provide guidance due to the global situation, or give bad guidance. For now, that’s not what we’re seeing, although we are just starting this season.”
Watch the exact part of the video where @VisionariosBolsa talks about Alphabet (Google) here:
Watch the video on YouTube
Read more articles analyzing Alphabet (Google) (GOOGL) at the provided link. GOOGL stock.
