Google Price Target $300 (after split) More than Double!
Technical Analysis:
-Bouncing off bottom of Bullish ABCD Pattern
-Breaking above top trendline of downward trending megaphone pattern
-MACD & RSI curling up out of oversold territory.
-bouncing off Demand Zone created May 2021
Fundamentals:
-Tech goes up when interest rates aren't going to rise as much as thought
PE: 20.99
-New Watch to pull from Apples market share, Google Lens progressing integration w AR/VR
-Youtube moat growing
-Adwords valuable targeted ad spend for large & small companies.
-Drive increases cloud revenue
-Best robotics & AI company
Current: $2321.01 = $116.05 post split
PT: $300 = $6,000 pre-split
'19 Q3 Earnings: $15.35 Price 1 wk later: $1,534 (NORMAL)
'22 Q1 Earnings: $30.69 Price 1 wk later: $2,700 (UNDERVALUED)
-Bouncing off bottom of Bullish ABCD Pattern
-Breaking above top trendline of downward trending megaphone pattern
-MACD & RSI curling up out of oversold territory.
-bouncing off Demand Zone created May 2021
Fundamentals:
-Tech goes up when interest rates aren't going to rise as much as thought
PE: 20.99
-New Watch to pull from Apples market share, Google Lens progressing integration w AR/VR
-Youtube moat growing
-Adwords valuable targeted ad spend for large & small companies.
-Drive increases cloud revenue
-Best robotics & AI company
Current: $2321.01 = $116.05 post split
PT: $300 = $6,000 pre-split
'19 Q3 Earnings: $15.35 Price 1 wk later: $1,534 (NORMAL)
'22 Q1 Earnings: $30.69 Price 1 wk later: $2,700 (UNDERVALUED)
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.