Monday, May 18, 2026

a Look at Alphabet - Google

 5/18/2026




 Googl is now said to be the up and coming AI stock. I have attempted an Elliott Wave number on the 3 year weekly chart. . Wave three is always the strongest confirmed by the high RSI and PMO. RSI has again risen over 70,PMO lags. But the fifth wave is straight up. Are analysts cautious, guess again.


 Dark green are buy, light outperform, yelow hold, I se no sell or underperform but less than five with no opinion.  From teh wave 2 low at 150, now at 400 Googl is up 2.6x, Sure it could go higher. But usually the best opinion on vertical lines is

chart in vertical position, no further analysis possible. 

I found 48 buys on NVDA  and 41 on MSFT. Today on Fox Business, Charles Payne had a list of 

'investing recommendations' along with a guy touting stocks I was unfamiliar with, hangers on at the top I would say. Charles'  list included the usual suspects of NVDA, AMZN, and did I see GOOGL I don't recall.

Point here if you bought and held good for you. But I would suggest selling calls or placing stop orders under positions for safety, not adding here.  

 

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