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      The Big Tech is rushing for earnings report: How to invest?
      Views 639K Contents 90

      Profit taking after earnings report for Google?

      Profit taking after earnings report for Google?
      Regarding alphabet (google) $Alphabet-C (GOOG.US)$ , the stock price has been always trading inside a parallel channel for approximately half a year. The earnings reports for the company itself it’s coming out on today as well.

      With the share price around the upper resistance of the parallel channel, we think that traders are going to take the opportunity during the release of earnings report for profit taking. As what we often see on the stock market is, buy on rumours sell on news.

      If alphabet going to retrace back to around 90-95, we think it might be a very good opportunity over there!
      Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
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      投资不是为了一夜致富,而是累积财富
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      Trump 2.0 countdown: What's the next big opportunity in the markets?
      Trump is gearing up for a return to the political stage, and his "America First" tariff policies, along with his stance on cryptocurrency an Show More
      What's the market direction before Trump takes the helm?
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