Alphabet Inc (Google) Class C
Viés de alta

GOOG - 1W - Start of Bullish Momentum

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Although Alphabet (GOOG) has underperformed the S&P 500 this year, momentum may be shifting.

The stock recently broke out from a substantial rounding bottom and has now formed a falling wedge near its 50-week EMA support.

Additionally, it has bounced precisely off support around the $150 level. With hidden bullish divergence emerging, the technical indicators suggest that a move higher could be imminent.

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