The Long Investor

$GOOG TOP 20

Added 2024-08-25 18:38:14 +0000 UTC

We added at $167 after making a higher high this week and a small pull back since then managed to hold on its 0.5 Fib at $165 to finish the week at $167 again.

A lot of the Mega Caps and the market are above their 50 Day MA right now, apart from $GOOG, $AMZN and $MSFT....so if you believe the market can push to new ATH's, then you would expect these three companies to at least move higher to their 50 Day MA's next

I bought $GOOG for the same reason I bought $AMZN, I believe it is a great company and I am exposing myself here for a potential bounce for Wave B and if the market can break higher to new ATH's

Either way, the 200 Day MA will need to hold for $GOOG and these companies above.