GOOGL moves slowly but safely; expected to continue gradual upward movement over 2-3 months due to low downside risk and AI sector relevance.
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Google, that was another good invitation . It dropped to 325, 326. Buy there and you got that sell signal. It started off the sniper zone we identified precisely, but encountered a strange selling zone at 360 and dropped back down to 333, but is now back up to 340.
So, once again, it will continue to move slowly, perhaps in this direction, for the next two or three months. Google is not like that; it's a big, heavy monster. Therefore, it takes a long time to move, but it is also very safe.
It's safe by Warren Buffett's standards. That's why Berkshire buys Google shares; they know it doesn't involve downside risks and that it's part of the artificial intelligence field.
Therefore, they can feel secure in their investments there.
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