Alphabet's Revenue Exceeds Expectations, Cloud Unit Hits Record
📊 GOOGL — Piyasa Yorumu
▲ up · 70%A strong earnings report and a record performance in the cloud unit will reflect positively on the stock. The RSI approaching the overbought zone at 71 may bring some profit-taking in the short term, but the MACD remaining above the signal line indicates that upward momentum continues. The price trading above the 20- and 50-day moving averages also supports the technical outlook. While the short-term uptrend is maintained, caution is warranted due to the overbought zone.
📊 GOOG — Piyasa Yorumu
▲ up · 70%The news highlights Alphabet's strong financial performance and record growth in its cloud unit. Technical indicators also support this positive outlook: although the RSI at 71.8 is near overbought territory, the MACD is above the signal line and showing a positive trend. The price is trading well above the 20- and 50-day moving averages. Upward momentum is expected to continue in the short term, but some consolidation or profit-taking is possible due to overbought conditions.