Update 6/5/17 – Alphabet has been the alpha stock! This has led its way higher and looking to go for more. 1020 is a target it can reach when it goes above 1000. No reversal signal on the chart yet.
Update 4/10/17 – Alphabet took a major hit as investors opted to take their profit. This nothing new as the chart shows in the past that recent pushes have showcased the same pattern of behavior. The past has shown that the stock has been bought and newer highs have been achieved. With earnings around the corner, investors may lightly tread until then. The 20 day has held and the price target of 900 is still on the table.
Update 3/20/17 – Alphabet is ready for lift off. It has made consistent new highs as it pushes to the 900 target. Follow the trend, the trend is your friend.
Update 3/6/17 – Alphabet made a little move lower as it stayed tight in its latest range near 850. The trend is still intact and the dips are being bought. It may take a visit from Mr. 50 day moving average to see a strong move higher. The price target of 900 is still in the works.