NMKOH
05-01

$Alphabet(GOOG)$  

Google has booked in a set of good earnings results. 

Yesterday the FOMC reiterate that inyerst will have to stay higher for longer.  The 3 major indexes retreated after the Fed announcement.  

Our strategy is to accumulate Google on weakness but in small amounts by making use of the technical analysis to find support level for entry. 

 

GOOG Hits New High! Is it Still a Buy After Surge?
Alphabet jumped 12% in extended trading after significantly beating estimates. EPS: $1.89, higher than estimates of $1.51 Revenues: $80.54 billion, exceeding expectations of $78.59 billion. The search giant also authorized its first ever dividend, as well as a $70 billion buyback. ---------------- Is it still a buy after the financial report surged? What's your target price for Alphabet?
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