anand_swamy

GOOGL broke resistance!

Long
NASDAQ:GOOGL   Alphabet Inc (Google)
GOOGL has been on a run in February, moving up $100. Its next target is $1566.41. Once it gets out of the range that it's about to fall below its new support at $1504.24, or have a good day, then you can put in calls for 1-2 weeks out. If however, it falls below its new support, then make puts for 1-2 weeks out as it is likely to fall to its support at $1419.83. The thing to worry about with the big tech companies now is that the government is trying to break them up. If the government succeeds, GOOGL will fall hundreds of dollars. Overall, Google is doing great right now, and the breaking up of it will not likely happen soon. Thanks for your support!
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