Power Plays New Idea: GOOGL
July 31, 2023
By Scott Redler
Needs to Hold: $123 to $128
Price Objective 1: $140 to $150
Price Objective 2: N/A
Google (GOOGL) held its pro earnings gap after a strong report and looks ready to stretch higher over the coming weeks.
So I'm making it our latest Power Play.
The danger zone here is $123 to $128. That's where I'd look to switch gears.
But I think the stock has a solid chance of breaking into the $140 to $150 area.
Scott Redler Positions Disclosure as of 2023-07-31 at 2.48.30 PM