On Friday GOOGL broke out on earnings. This setups up the classic earnings breakout-pullback setup.
Blowout earnings provides this setup with a direct catalyst that should get this stock to round number $700. If the stock then breakouts out over $700 it could be off to the races.
Note: I entered this position this morning around $686 and sent an alert out to members.
Come check out our FREE TRIAL for our Part Time Traders service. This service is great for those that work and cant monitor the computer all day. We have indepth nightly reports on the gameplan for the day/week and all stock picks that I trade will be alerted and emailed to you.