When the MACD's experiences a bullish crossover, GOOGL is likely to soar well past 3030, potentially as high as 3150. A bullish crossover is likely to push the Nasdaq to new highs and then it will be time to party like is 1999 and then we will move to the hangover stage. https://www.youtube.com/watch?v=iI2fRPmEZ6A
When the words short term appear under any post; the same conditions listed in the Market update under the short term category apply
The end is always near; its the beginning and how you live each moment that counts the most
I'm quite convinced at some point GOOGL will become the largest Company by market cap. It is currently third largest, and carries a significantly lower valuation than AAPL, and MSFT, even though Revenues/Income are in the same ballpark as the former(s), and growing significantly faster!
Breakup threat didn't stop MSFT from being largest company by Cap in the 90's!
GOOGL:QQQ -
The price ratio cannot be range bound for perpetuity. That just doesn't happen. It will need to break up, or down. It has upwards bias, rather than downward.
