Buying Google (GOOGL) at $156 offers a solid opportunity due to strong technical support in the $150–$156 range, increasing chances of a short-term rebound. The company’s aggressive stock buybacks provide downside protection, while AI advancements (Gemini, Search AI) and Google Cloud’s improving profitability fuel long-term growth. Comparatively, Google trades at a lower valuation than peers like Microsoft, making it an attractive buy. Additionally, upcoming earnings momentum could drive a pre-earnings rally. If the market rebounds, GOOGL could quickly return to $160+, offering a profitable exit for range traders. This setup aligns well with your short-term trading strategy.
I opened $Alphabet(GOOGL)$ ,
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