To The Moon

$Alphabet(GOOG)$ $285.60 Breaks Into Fresh 52-Week Highs: Berkshire’s Major Accumulation Ignites Momentum, Gemini 3.0 Launch Poised to Drive a Break Above $300》 Latest Close (ET): GOOG closed at $285.60 (+3.11%), hitting a new 52-week high of $294.52, surging past previous resistance levels with strong momentum confirmation. Core Market Drivers: Warren Buffett's Berkshire Hathaway made headlines with a massive $4.3 billion investment in Alphabet during Q3, marking the Oracle of Omaha's rare tech bet. Additionally, market anticipation is building around Google's upcoming Gemini 3.0 release, described internally as "extremely impressive" with significant improvements in coding and multimedia generation capabilities. Technical Analysis: Trading volume spiked to 34.28M shares with a volume ratio of 1.97, indicating strong institutional participation. The breakout above $282.49 resistance confirms bullish momentum, while the stock's ability to maintain gains above the $280 psychological level suggests sustained upward pressure. Short interest has been declining from 17.11% to 7.42% over recent weeks, indicating reduced bearish sentiment. Key Price Levels: Primary Support: $275-280 zone — Critical retest level for trend continuation Strong Resistance: $295-300 corridor — Next major breakout target aligning with analyst consensus Breakout Target: $310-315 range — Extension level if momentum sustains Valuation Perspective: Current P/E TTM of 28.18x remains elevated versus S&P 500's ~21x multiple, but shows reasonable premium given AI growth trajectory. Forward P/E of 26.16x reflects market confidence in earnings acceleration driven by cloud and AI monetization. Analyst Outlook: Wall Street consensus maintains bullish stance with 17 firms targeting average price of $300.53 (range: $185-345). Strong recommendation profile shows 7 "Strong Buy" and 12 "Buy" ratings with only 1 "Hold," reflecting institutional confidence. Week Ahead Forecast: Technical setup suggests continued strength toward $300 psychological resistance. Key catalysts include potential Gemini 3.0 announcement and sustained institutional buying momentum. Expect volatility range of $280-305 with upside bias if volume remains elevated. Risk Disclaimer: This analysis is for educational purposes only and does not constitute investment advice. Stock performance remains subject to market conditions, AI competition dynamics, and broader tech sector sentiment. Please invest responsibly. For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with upcoming 0-commission, unlimited trading on SG, HK, and US stocks, as well as ETFs. Find out more here. Complete your first Cash Boost Account trade with a trade amount of ≥ SGD 5000* to get SGD 688 stock vouchers*! The trade can be executed using any payment type available under the Cash Boost Account: Cash, CPF, SRS, or CDP. Click to access the activity Other helpful links: 💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉 How to open a CBA. How to link your CDP account. Other FAQs on CBA. Cash Boost Account Website.