Bearish GOOGL
- Macd just had a bearish cross
- A few red candles in a row
- Last Friday’s volume was especially high
Something’s not looking good. The only thing that can save the bulls will be a better than expected earnings and forecast.
But what didn’t help is that, they are reporting their earnings with Microsoft, and Microsoft is having slight edge in the AI development / products (even if it’s just for now).
Not financial advice. Earnings day is always a wild card.
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