GOOGL appears to be in a good position coming into earnings. It's seen a significant pullback over the last month largely due to the broader market. GOOGL earnings are expected to be solid as well which will calm investors after a rough month. I gave some simple technical reasons on the chart, as well as GOOGL being a fundamentally sound company.
Thoughts?
-Kristian
Thoughts?
-Kristian
Commentaire:
Oversold on good earnings. Once it stabilizes I expect it to run over the next few weeks.