US Stock In Play: $GOOGL (Alphabet Inc)

$GOOGL broke out of its trendline resistance this week, with an accumulated gain of +8.03% in 3 days. The breakout of $GOOGL comes after a full month of whipsaw that is witnessed on its 20DMA, along with a congested price action that is displayed within a Symmetrical Triangle chart pattern.

$GOOGL currently closed at $2239.03, with a display of a bullish flag formation targeting towards $2,350 level.

$GOOGL provides online advertising services in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. The company offers performance and brand advertising services. It operates through Google Services, Google Cloud, and Other Bets segments.