The Long Investor

$GOOG TOP 20

Added 2025-02-16 20:14:44 +0000 UTC

$GOOG is still holding the bottom line of the channel at $186 but it was making tough work of it during the week, price is also below the 50 Day MA and the $193 level so bulls have work to do.

$GOOG went from being one of the most bullish set ups out of the Mega Caps to now fighting to hold support

DeepSeeks impact and the number of other Chinese ChatGpt's mentioned over the last week, including $BABA's own has likely played a part in influencing $GOOG here, I have found myself using ChatGPT a lot more than $GOOG for simple questions, because it is a clearly better at getting me a clear answer quickly.

$GOOG is still the market leader but it must continue to diversify their services and it is surprising that they have not entered the Humanoid robotics arena, or at the very least partnered with other companies like $AMZN has with FigureAI.

Bulls want $193 recaptured and I believe the Melt Up scenario plays out....it does not want to fall into the same category as $MSFT right.