Power Plays New Idea: GOOGL
February 20, 2025
By Scott Redler
I'm adding a second new Power Play this week:
Name: Google
Ticker: GOOGL
Price: $184
Needs to Hold: $170 to $179
Price Objective 1: N/A
Price Objective 2: N/A
GOOGL as a big mover up until earnings, and it took quite a tumble from the highs as expectations got out of control.
But it's stabilized and now looks ready to clear the critical $186 area and extend higher.
So I'm adding it to Power Plays here.
However, I'll be keeping this one tight in case the market really starts to bend. So the danger zone where I may have to switch gears is the $170 to $179 area.
Stay tuned for more updates.
-Scott
Scott Redler Positions Disclosure as of 2025-02-20 at 11.16.38 AM