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)