GOOGL 10% UP ? A popular stock + Above the average line 150 + UP trend line. After (-7%) yesterday & good quarterly report, Gap down (a high percentage of the gaps will close) + 50% Fibonacci line + rising channel = Potential for a 10% increase? Only an idea and not a recommendation for trading!Longby dovale19720
MBV-SP500-CLIMBER: GOOGIntroduction: This trading idea is based on a Long-Only strategy that utilizes the Dynamic Movement Index (DMI), supplemented by the Average Directional Index (ADX) and an Average True Range (ATR)-based Trailing Stop-Loss. Strategy Overview: Main Indicators: DMI, ADX, ATR Time Frame : Variable, based on the DMI length (Default: 14 days) Objective: To take long-term positions in bullish market phases Optional Trading Hours and Seasonality: Yellow Background (Trading Days) : Positions are only opened on trading days highlighted with a yellow background on the chart. Blue Background (S&P 500 Seasonality) : Positions are only opened during periods highlighted with a blue background on the chart. Strategy Details: ADX and DMI : A Long signal is generated, taking into account the optional trading hours and seasonality, when the ADX exceeds a defined threshold and the positive DMI is greater than the negative DMI. This indicates a strong upward movement. ATR-based Trailing Stop-Loss : The Stop-Loss is dynamically set with a multiplier of the ATR value below the current price and updated to secure profits. The strategy script is available for free on TradingView. You can find it under the name: "MBV-SP500-CLIMBER" Please share your optimizations with the TradingView community by leaving comments under the script. Please provide feedback on the strategy, especially on the trading signals, in the comments. --- Einleitung: In dieser Handelsidee beruht auf einer Long-Only-Strategie, die auf dem Dynamic Movement Index (DMI) basiert, ergänzt durch den Average Directional Index (ADX) und einen Average True Range (ATR)-basierten Trailing Stop-Loss. Strategie-Überblick: Hauptindikatoren : DMI, ADX, ATR Zeitfenster : Variable, basierend auf der DMI-Länge (Standard: 14 Tage) Ziel : Langfristige Positionen in bullishen Marktphasen Optionale Handelszeiten und Saisonalität: Gelber Hintergrund (Handelstage): Positionen werden nur an den im Chart mit einem gelben Hintergrund hervorgehobenen Handelstagen eröffnet. Blauer Hintergrund (S&P 500-Saisonalität): Positionen werden nur während der im Chart mit einem blauen Hintergrund hervorgehobenen Zeiträume eröffnet. Strategie-Details: ADX und DMI : Ein Long-Signal wird unter Berücksichtigung der optionalen Handelszeiten und Saisonalität generiert, wenn der ADX einen definierten Schwellenwert überschreitet und der positive DMI größer ist als der negative DMI. Dies signalisiert eine starke Aufwärtsbewegung. ATR-basierter Trailing Stop-Loss : Der Stop-Loss wird dynamisch mit einem Multiplikator des ATR-Wertes unter dem aktuellen Preis gesetzt und aktualisiert, um Gewinne zu sichern. Das Strategie-Skript ist auf TradingView kostenlos verfügbar . Sie finden Sie unter dem Namen: "MBV-SP500-CLIMBER" Bitte teilen Sie Ihre Optimierungen mit der TradingView-Community, indem Sie Kommentare unter dem Skript hinterlassen. Bitte geben Sie Feedback zur Strategie, insbesondere zu den Handelssignalen, in den Kommentaren. Longby MBV-TRADING0
Alphabet - Wait For The RetestHello Traders, welcome to today's analysis of Alphabet. -------- Explanation of my video analysis: Back in 2012 Alphabet created a beautiful triangle formation and after we saw the breakout Alphabet pumped more than +750% towards the upside. At the moment Alphabet is creating a solid resistance area at the $150 level. If we get a retest of the bullish trendline which I mentioned in the analysis, I am looking for longs and eventually new all time highs. -------- I will only take a trade if all the rules of my strategy are satisfied. Let me know in the comment section below if you have any questions. Keep your long term vision.03:06by basictradingtv6638
Alphabet's Ad Revenue Stumble Alphabet Inc. ( NASDAQ:GOOG ), the parent company of tech giant Google, faced a tumultuous day in the stock market as shares slid 6%, erasing a staggering $110 billion off its market capitalization. The market's reaction came in the wake of Alphabet's ( NASDAQ:GOOG ) latest earnings report for the final quarter of 2023, where disappointing advertising revenues took center stage. The Numbers Game: While Alphabet ( NASDAQ:GOOG ) managed to exceed expectations in terms of profits ($1.64 per share) and overall revenue ($86.3 billion), it was the advertising segment that fell short. The $65.5 billion in ad revenue missed Wall Street's forecast of $66 billion, triggering a significant sell-off and sending shockwaves through the financial community. CEO Sundar Pichai's Perspective: In the midst of the market turbulence, Alphabet's CEO Sundar Pichai highlighted the company's ongoing commitment to artificial intelligence (AI). Pichai emphasized the launch of Gemini, a ChatGPT rival, and recent strategic shifts, including layoffs, aimed at reshaping the company's business model around technology. Google Cloud Shines Amidst the Ad Revenue Dip: Despite the disappointing ad revenue figures, there was a silver lining in the form of Google Cloud. The division saw a remarkable 26% year-on-year increase, surpassing expectations with $9.2 billion in revenue for the last quarter of 2023. Pichai expressed optimism about the future, especially as the company enters what he referred to as the "Gemini era." Market Skepticism: However, analysts and investors remain skeptical as advertising still constitutes a substantial 80% of Alphabet's ( NASDAQ:GOOG ) total income. Kathleen Brooks of online brokerage XTB noted in a statement, "Ad revenue was weaker than expected, and at heart, Google is considered an advertising company with ambitions to move into the AI space." This skepticism, coupled with the market's limited patience for earnings misses from major tech firms, led to the swift decline in Alphabet's ( NASDAQ:GOOG ) stock value. The Aftermath and Future Outlook: Alphabet's ( NASDAQ:GOOG ) stock, despite the recent setback, has still seen an impressive 50% surge over the past 12 months. The question now is whether the company can swiftly recover from this stumble and how its foray into AI, highlighted by Pichai, will play a role in reshaping its future. As Alphabet ( NASDAQ:GOOG ) navigates the challenges of balancing its traditional advertising stronghold with ambitious AI ventures, investors and industry observers will be closely watching to see how the tech giant manages to regain lost ground. Conclusion: The $110 billion wipe-off in Alphabet's valuation serves as a stark reminder of the market's sensitivity to advertising revenue, even for tech behemoths like Google. As Alphabet ( NASDAQ:GOOG ) charts its course into the Gemini era, the tech landscape awaits to witness whether the company's AI endeavors will provide the catalyst needed to reassure investors and propel the stock back to its previous heights.by DEXWireNews2
$GOOGL A look at 5-year volatilityNASDAQ:GOOGL A look at 5-year volatility A quick look at 5 year average volatility can show some great places to set alerts to get back into GOOGLShortby SPYder_QQQueen_Trading2
What's the future of Google search engine be like ? Read latest article here When you are tasked to do a search online, you go to Google or say google something......Nobody says Bing something. That is the power of top of the mind branding . The first brand that comes to consumer mind constantly win. Fast food = Macdonald, Coffee = Starbucks, Credit card = Visa, Electric Vehicle = Tesla ,etc. These boys have spent lots of money building their brands over the years so much so their products are more than its functional parts. An automotive vehicle like the Benz and Rolls have become a luxury status symbol, associated with the haves and have not. Microsoft may be able to steal some market share from Google's search engine business but the major slice of the business still lies with Google. And I think it is way too early to conclude the findings at this juncture when we are witnessing the ChatGPT revolution now....... Mergers and acquisitions may take place down the road for market shares to expand and territory to conquer. This temporary drop in share price is viewed as an opportunity for me. What about you ?Longby dchua1969Updated 2218
GOOGLE Will it get sold after the Earnings?Alphabet Inc. (Google/ GOOG) is reporting Earnings today and the focus is whether or not they can keep fueling this strong multi-weak rally or cause a correction. Last time we looked into this stock (November 27 2023, see chart below), we gave a pull-back buy signal, which easily hit the 145.00 target: The price is still on the latest Bullish Leg of the 1-year Channel Up pattern, but is getting very close to its top (Higher Highs trend-line). Having a vastly overbought RSI on the 1D time-frame, which in fact is about to reach 80.00, the level which formed the May 22 2023 RSI top, is starting to call for a medium-term sell. What we are basically looking for is for a 1D RSI Bearish Divergence like the one in late May 2023. More specifically, if the RSI gets rejected now around 80.00, we will wait for it to form a Lower High and short it, if the price remains on Higher Highs, which was what happened on June 06 2023 and was a 1D RSI Bearish Divergence. Ideally we would prefer the price to be above the 1.786 Fibonacci extension level by then. The sell's Target will be $148.50, preferably marginally below the 1D MA50 (blue trend-line). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Shortby TradingShot23
Alphabet (GOOG) Take Profit +76% !January 2024 It's Google's turn (goog) +76 % I take home part of the profits on trade started at the end of 2022 Waiting for the Earnings... The stock remains in the portfolio after the rebalancing. Interesting levels for long entries: Between $115 and $105 and surely, should it ever get there, to $86, where I entered a position on the bottom. Happy trading Lazy Bullby LazyBull51
GooglPriced has rallied 9% in the last 2weeks from an ascending triangle We closed friday at the top of a rising wedge here At All time high. Also google is pretty much over bought on everytime frame and weekly candle is outside its bbands. Im looking for a pullback to 138 -140 minimum in early February. Shortby ContraryTrader1113
$GOOG: LATERALISATION?I will enter for a swing around 141... waiting for a lateralisation and a touch of the bottom BB. The past is history the future is a mysteryby elcoinmusk0
GOOGL Alphabet Options Ahead of EarningsIf you haven`t bought the dip on GOOGL here: Then analyzing the options chain and the chart patterns of GOOGL Alphabet prior to the earnings report this week, I would consider purchasing the 155usd strike price Calls with an expiration date of 2025-1-17, for a premium of approximately $18.55. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Longby TopgOptions1
4 Accurate Predictions Made by AI for Alphabet (GOOG, GOOGL)In the dynamic world of stock trading, the integration of Artificial Intelligence (AI) has revolutionized market analysis and prediction accuracy. Alphabet Inc. ( NASDAQ:GOOG GOOG, NASDAQ:GOOGL GOOGL), a leading tech giant, has been at the forefront of showcasing how AI can be utilized to predict stock market trends with remarkable precision. This article delves into four specific instances where AI successfully predicted Alphabet's stock movements, providing traders with lucrative opportunities. These cases exemplify the growing influence and reliability of AI in financial markets, offering insights into both bearish and bullish patterns that have resulted in significant gains for informed traders. Prediction #1. Downtrend Detected AI detected bearish Stock Pattern: Broadening Wedge Ascending NASDAQ:GOOG GOOG on October 25, 2023, netting in a 10.61% gain over 2 weeks On October 11, 2023, AI detected a Broadening Wedge Ascending Pattern (Bearish) for Alphabet (GOOG, $141.70). 14 days later, on October 25, 2023, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On October 25, 2023, the stock hit the target price of $128.11 – resulting in a +10.61% gain for traders who shorted the stock on the pattern detection date. Prediction #2. Downtrend Detected AI detected bearish Stock Pattern: Wedge Rising NASDAQ:GOOGL GOOGL on September 13, 2023, netting in a 6.10% gain over 2 weeks On September 11, 2023, AI detected a Wedge Rising Pattern (Bearish) for Alphabet (GOOGL, $136.92). 2 days later, on September 13, 2023, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On September 26, 2023, the stock hit the target price of $127.46 – resulting in a +6.10% gain for traders who shorted the stock on the pattern detection date. Prediction #3. Uptrend Detected AI detected bullish Stock Pattern: Head-and-Shoulders Bottom NASDAQ:GOOG GOOG on August 29, 2023, netting in a 3.89% gain over 5 days On August 24, 2023, AI detected a Head-and-Shoulders Bottom Pattern (Bullish) for Alphabet (GOOG, $130.42). On August 29, 2023, A.I.dvisor confirmed the Bullish pattern, setting a target price of $136.93. On August 29, 2023, GOOG reached the target price resulting in a +3.89% for traders who took a long position in the stock. Prediction #4. Uptrend Detected AI detected bullish Stock Pattern: Head-and-Shoulders Bottom NASDAQ:GOOGL GOOGL on August 29, 2023, netting in a 3.61% gain over 4 days On August 25, 2023, AI detected a Head-and-Shoulders Bottom Pattern (Bullish) for Alphabet ( NASDAQ:GOOGL GOOGL, $129.88). On August 29, 2023, A.I.dvisor confirmed the Bullish pattern, setting a target price of $136.24. On August 29, 2023, GOOGL reached the target price resulting in a +3.61% for traders who took a long position in the stock. These four accurate predictions made by AI for Alphabet's stocks (GOOG, GOOGL) underscore a new era in stock market analysis. The ability of AI to detect complex patterns like the Broadening Wedge Ascending and Head-and-Shoulders Bottom, and accurately predict market movements, is a testament to its growing significance in financial forecasting. These instances not only highlight the potential financial gains for traders leveraging AI insights but also mark a transformative shift in how market analysis and trading decisions are approached. As AI continues to evolve, its role in guiding investment strategies and shaping the future of stock trading becomes increasingly pivotal. Finding Current Patterns with AI If you're interested in staying updated with current trading patterns, particularly for cryptocurrencies like Origin Protocol, Tickeron is a valuable resource. This platform employs advanced artificial intelligence to detect and analyze market trends, offering insights that can guide traders in making informed decisions. Visit Tickeron to explore real-time data and trends in the dynamic world of cryptocurrency trading. by Serhii_Bond2
👋 Alphabet Inc (Google) — Bear Trap EscapeAmerican company Alphabet Inc. two days before has published a quartrely statement and announced an increase in net profit and revenue in the second quarter ended in June. In addition, the company said its chief financial officer, Ruth Porat, will take over as president and chief investment officer of Alphabet and Google from September 1, 2023. At the same time, Porat will temporarily remain as CFO of Alphabet and Google until her successor is found. The company reported net income of $18.4 billion, or $1.44 per share, compared to $16 billion, or $1.21 per share, a year earlier. Revenue, meanwhile, rose from $69.7 billion a year earlier to $74.6 billion, also above the market's forecast of $62.06 billion. Cloud revenue was up 28% year-over-year. Comments by Sundar Pichai, CEO of Alphabet and Google: “Our products and company performed well this quarter. Our continued leadership in artificial intelligence and our excellence in engineering and innovation are driving the next evolution of Search and improving all of our services. With 15 products serving half a billion people each, and 6 of them serving more than two billion people, we have a lot of opportunities.” Comments by Ruth Porat, Chief Financial Officer of Alphabet and Google: “Our financial results reflect continued resilience in search with accelerating revenue growth in both search and YouTube, as well as momentum in the cloud. We continue to invest for growth while prioritizing our efforts to long-term reorganize our company-wide cost base and build the capacity to deliver sustainable value over the long term.” As announced on April 20, 2023, the Company has merged part of Google Research (the Brain team) and DeepMind to significantly accelerate advances in artificial intelligence (AI). A group called Google DeepMind is reflected in Alphabet's unallocated corporate expenses starting in the second quarter of 2023. Shares of Google rose more than 6 percent in premarket trading on Wednesday, with a lot of room for further gains. Technical pictures indicates that major breakout of $125 resistance is happening right now, hitching the price above the neckline in reversed Head and Shoulders chart pattern structure. by PandorraUpdated 227
GOOG Stock Poised for ATHs as Market ReboundsGoogle parent company Alphabet Inc.'s (GOOG) stock is poised to reach all-time highs (ATHs) as the broader market rebounds from recent sell-offs. The company's strong fundamentals, including its dominant position in the online advertising market, its growing cloud computing business, and its expanding hardware offerings, make it well-positioned for continued growth in the years to come. In addition, GOOG's recent stock buyback program and its commitment to returning value to shareholders through dividends are also likely to support the stock price. With the market on the upswing, GOOG is a compelling buy-and-hold investment for long-term & short-term investors. This is not an investment advice do your own DD. Longby SabahEquityResearchUpdated 22
Alphabet Inc. (symbol ‘GOOGL’), DailyShares of Alphabet Inc. (symbol ‘GOOGL’) rose by around 4% in the last quarter of the year. The company’s earnings report for the fiscal quarter ending December 2023 is expected to be released on Tuesday 30th of January, after market close. The consensus EPS is $1.60, against $1.05 of the same quarter last year. ‘ The company is involved in the AI frenzy with the introduction of Google Bard and Gemini as tools to combat OpenAI’s popular ChatGPT. More specifically on the date of the launch of Gemini (6 December) the share price experienced a bullish gap of around 6%. Apart from the launch of these new products by the tech giant, the financial image that it displays is also sound and solid. The total assets outweigh total liabilities at an astonishing ratio of 3:1 and the current ratio is at a staggering 204% indicating that the company has a pretty strong balance sheet to overcome any short term turbulence. ‘ said Antreas Themistokleous, trading specialist at Exness. From the technical analysis perspective the price has been trading with relatively steady bullish momentum throughout the majority of the quarter making consistent gains on its share in the early days of 2024. Currently the price is trading above the moving averages and is on the move to reach its all time high of around $150 which was achieved back in November of 2021. The 50 day moving average recently crossed above the 100 day moving average validating the bullish momentum but on the other hand the Stochastic oscillator is in the extreme overbought levels possibly suggesting that a correction to the downside before resuming the overall bullish rally might be possible in the near short term outlook. by Exness_Official0
GOOG Stock Strong Cash and Upcoming AI Signal GrowthGoogle's stock is currently in an exciting position with numerous factors aligning for potential growth. With a strong cash reserve of $118 billion, the tech giant has been making significant investments in Artificial Intelligence (AI). Google is set to unveil its latest AI technology in October, which shows promising potential to drive growth and innovation. From a technical standpoint, GOOG's monthly chart appears to be mimicking patterns seen in Nvidia's (NVDA) stock chart before it reached all-time highs. I believe GOOG is set to replicate NVDA's success, with breakout levels signaling strong entry points for investors. Key targets for the stock are marked by red lines on the chart, indicating potential risk and reward zones. These targets are at $148, $185, and $240. Each breakout level could subsequently become a new support zone, fortifying the stock's ascent. Given the company's strong fundamentals and the upcoming AI release, Google presents an intriguing investment opportunity. However, as with any investment, please perform your own due diligence and consult with financial advisors. Note: This is not financial advice. Investors should conduct their own research and consult professionals before making any investment decisions. Good luck, and here's to potentially seeing Google reach new all-time highs! (Note: Please make sure to attach your chart with the red lines indicating target and risk zones for a more comprehensive view. Finally This is not financial advice.)Longby DrSaud1Updated 2
Alphabet's Breakup with Appen Sends Shockwaves In a surprising move, Alphabet, Google's parent company ( NASDAQ:GOOG ), has severed all ties with Appen, the Australian artificial intelligence (AI) data firm that played a crucial role in training Google's chatbot Bard, refining Google Search results, and contributing to other AI products. The termination, set to take effect on March 19, was communicated to Appen over the weekend, following a strategic review process. Alphabet's decision, accounting for approximately one-third of Appen's revenue, is expected to impact at least two thousand subcontracted Alphabet workers. Appen's Role and Struggles: Appen, with a rich history spanning nearly 30 years, has faced challenges in recent times, including a loss of customers, executive departures, and declining financials. Despite boasting an impressive client list that includes Microsoft, Meta, Apple, Adobe, Google, and Amazon, the company has struggled to adapt to the evolving landscape of generative AI tools. Its revenue plummeted by 30% in 2023, following a 13% decline the previous year, which the company attributes to "challenging external operating and macro conditions." Financial Impact: Alphabet's decision to terminate its contract with Appen is a significant blow, as the tech giant contributed $82.8 million to Appen's $273 million in sales for the year 2023. With the stock trading at around 28 Australian cents, down more than 99% from its peak in August 2020, Appen faces a critical juncture in its future. Labor Disputes: The Alphabet-Appen relationship has not been without its challenges, including a historical dispute about wages. In 2019, Google ( NASDAQ:GOOG ) set a minimum wage requirement of $15 per hour for its contractors, a standard that Appen reportedly failed to meet. This led to conflicts and public letters from workers. Despite efforts to address labor concerns, Appen faced charges from the U.S. National Labor Relations Board in June for allegedly firing six freelancers who spoke out about workplace conditions. The workers were eventually reinstated. Future Outlook: In response to the termination of the Alphabet contract, Appen has announced a strategic shift, focusing on managing costs, turning the business around, and ensuring the provision of high-quality AI data to its remaining clients. The company plans to provide further details on its revised strategic priorities in its full-year results announcement on February 27, 2024. Conclusion: Alphabet's decision to sever ties with Appen has sent shockwaves through the AI industry, highlighting the challenges faced by even established players in the rapidly evolving technology landscape. As Appen grapples with financial difficulties and labor issues, the industry watches closely to see how the company will navigate this turning point and reshape its future in the competitive AI market.Longby DEXWireNews2
GOOG Short: Ending diagonal completedI was too early in my previous call and was wrong (linked here), but this time it should be obvious that it has ended.Shortby yuchaosngUpdated 0
Possible Long | Goog.usRetesting All-Time High at 150. All resistance levels have been tested. Possible Swing Long with: TPL at 150, 155, 160 TSL at 135, 140, 150 Mid-Term Movement "expected to reach +170"Longby MohamedYAbdelazizUpdated 446
GOOGL / 1H / TECHNICAL ANALYSISBearish ABCD pattern and divergence have formed. The first target is at 140, and the second target is at the 135 level. I have indicated the support and resistance levels on the chart. Please do not forget to like and followShortby TraderTilki4
GOOGL setup is nowTechnical a standard price action pattern: trend A - sideways adjustment structure with more than 2 test- trend B is forming the trend at higher timeframe is still bullish with meters being green Fundamental Numerator Side Not quite promising but still positive. The expected growth on earnings and revenue are slightly lower than average of its industry. Won't be a boost but in fact no accident is the best thing to expect for FAANG stocks Denominator Side With the discount rate decreased by 75 to 100 bp, the valuation will be cheaper compared to the overvalued price now. More importantly, don't forget about the mid and micro companies that can finance with lower WACCs are the base revenue contributors for Alphabet.Longby jtwongresearch1
Google's $1 Billion Investment in UK Data Centre Alphabet-owned Giant Expands Infrastructure to Meet Growing Demand for Internet Services In a strategic move to bolster its presence in the United Kingdom, Google ( NASDAQ:GOOG ) has announced a monumental $1 billion investment in the construction of a cutting-edge data centre just outside of London. The technology giant's commitment to building this facility, located on a 33-acre site in Waltham Cross, emphasizes its dedication to meeting the escalating demand for internet services in the region. This substantial investment is part of Google's broader strategy to enhance its infrastructure capabilities, aligning with the growing trends in technology and artificial intelligence. The data centre is expected to play a pivotal role in supporting the expansion of Google's AI and cloud services while contributing to the creation of construction and technical jobs within the UK. The move has received significant acclaim from the British government, which views Google's investment as a "huge vote of confidence" in the nation's technological prowess. Prime Minister Rishi Sunak remarked, "Google's $1 billion investment is testament to the fact that the UK is a center of excellence in technology and has huge potential for growth." This recent development follows Google's previous $1 billion purchase of a central London office building in 2022, situated close to Covent Garden, and another site in King's Cross, where the company is constructing a new office, housing its AI subsidiary, DeepMind. The investment also comes hot on the heels of Microsoft's commitment to inject £2.5 billion ($3.2 billion) into Britain over the next three years, focusing on expanding its data centre capacity to support future AI services. These concurrent moves by tech giants highlight the increasing importance of the UK in the global technology landscape. Ruth Porat, Alphabet's Chief Financial Officer, emphasized the significance of the new data centre, stating, "This new data centre will help meet growing demand for our AI and cloud services and bring crucial compute capacity to businesses across the UK while creating construction and technical jobs." Beyond the economic impact, Google has also underscored its commitment to sustainable practices. The company revealed that the waste heat generated from the data centre will be harnessed for energy conservation, benefiting the local community and aligning with broader environmental goals. From a technical standpoint, Alphabet's stock, particularly Alphabet C, has demonstrated a rising trend channel . The absence of resistance in the price chart suggests a positive development, with further upward momentum indicated. However, caution is advised, as a high RSI could signal the stock's overbought status, potentially leading to a corrective reaction. Conclusion As Google ( NASDAQ:GOOG ) reinforces its foothold in the UK with this substantial investment, the company positions itself at the forefront of the dynamic technology landscape, contributing to the nation's growth in the fields of AI and cloud services. Investors will undoubtedly be watching closely as Google's strategic moves unfold in the coming months, impacting both the company's trajectory and the broader UK tech industry.Longby DEXWireNews3