GOOGL
📉 Google’s stock fell after news of a Russian malware detection, named ‘Lost Case,’ capable of stealing files and sending information to attackers’ systems.
🛡️ Despite the significant drop, the stock price found footing in a crucial technical support zone, which is being closely watched for future direction.
⏳ While the long-term outlook for Google is considered positive, there is currently no clear technical entry pattern, suggesting a cautious approach for new investments until more signals emerge.
@marcosemmimfp:
“If you don’t know about Google, I’ll explain what happened. It detected a Russian virus, and that, truthfully, is causing the shares to fall. As we see here, Google identified a new malware, that is, a virus linked to a group of hackers based in Russia. Alphabet obviously said this Wednesday that it had identified this new virus called ‘Lost Case,’ or basically ‘Lost Keys,’ linked to a Russian government-backed threat group, and it’s capable of stealing files and sending information to the attackers’ systems. Despite falling like that, it ended up in a support zone. Look, there’s no entry pattern, but it’s in a quite interesting support zone. On a long-term level, it’s quite good. The issue is it’s falling there for the second time, and clearly, well, there’s no entry pattern. The news about Apple and its search engine is not why it’s falling; it’s falling because of the virus. What there’s certainty about is this: Google identified it. It identified veracity; it saw it, recognized it, knows it’s harmful to its company. It identified the problem, saw it, recognized it, touched it. It was there, between zeros and ones; it identified it. From what I understand, read, and checked—in fact, on the chart because I was watching it, analyzing it live—when I saw it live, the candle went *whoosh*, it dropped in a second, and immediately, *ping*, these alerts pop up for me. So, what happened with Google? A hack, and a possible browser change with AI in Apple. A hack by some Russian hackers, and Apple announced it’s going to put AI in its browser, and that, I think, apparently didn’t sit well with, sorry, Google, but that doesn’t make much sense; they have a different browser.”
Watch the exact part of the video where @marcosemmimfp talks about Alphabet (Google) here:
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