$Alphabet(GOOG)$ $Alphabet(GOO

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$Alphabet(GOOG)$ $Alphabet(GOOGL)$ The price action since mid-December has just been a consolidation phase within an ongoing intermediate-term uptrend. What’s exciting is the bullish engulfing candle we saw this week—this is a strong signal that a breakout is likely on the horizon. With the trend still intact, we could be headed toward the 1.618 extension of the July-September correction, which places the target around $219. Everything is pointing to an imminent move higher, so it’s definitely one to watch for a potential breakout soon.

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