Potential Bullish Continuation from $132 to $137-$139

Updated

potentially reaching $141-$143 within the next three weeks or as high as potentially reaching $141-$143 within the next three weeks if there is any new news on advancements (or partnerships).

The Elliott Wave Principle suggests a potential bullish continuation within a larger Wave 3. A breakout above $133.34 could propel the stock towards $137.50-$139.50 within Wave 3's Subwave 5.

Retracement levels at $135.70 and $138.50 could act as potential support zones for further upward momentum.

Bollinger Bands and Keltner Channels currently suggest low volatility, potentially indicating a breakout soon

Recent news regarding Google AI advancements and cloud platform partnerships has generated positive sentiment.

Google's consistent revenue and earnings growth contribute to positive investor sentiment.

Moving averages and RSI suggest potential for further upward momentum.

Slightly positive (65% positive, 35% neutral/negative)

Mixed (48% positive, 42% neutral, 10% negative)

Neutral to Slightly positive (52% positive, 48% neutral)

Recent High-frequency data options trading activity suggests a slight upward bias, potentially indicating cautious optimism.

Mentions of "Google AI" and "Google Cloud" have increased in the past few days, suggesting growing interest but not necessarily widespread positive sentiment.

The Machine Learning Model predicts a 60% probability of a neutral earnings surprise, with a 20% chance of a positive surprise and 20% chance of a negative surprise.

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$133 to $140 on 30m chart 2023-12 to 2024-02:
(Click to Play)

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$132 to $137 (still in play)

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$132 to $142 (still in play)

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$132 to $144 (still in play)

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$132 to $166.6 (still in play)

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$132 to $176.66 (still in play)

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The overall analyst consensus is currently "Strong Buy" with an average price target of $197. 53 (potential upside of 14.51%).

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$132 to $182 (still in play) +37.88% in 6 months

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