RJ Hamster
Why Alphabet’s Weakness Is Actually Bullish
“When a fundamentally strong stock underperforms during a sector rally, it’s usually telling you one of two things: either something is seriously wrong, or you’re looking at a compressed spring that’s about to release.”Nate Bear, Lead Technical Tactician, Monument Traders Alliance I love it when I see my favorite setup forming in unexpected places.While the Nasdaq and other tech giants pushed higher Friday, Google (GOOGL) barely budged.That kind of relative weakness usually sends traders running for the exits. But when it happens to a stock with Google’s fundamental strength, it often creates the exact conditions I look for in swing trades.Here’s why I think GOOGL is setting up for a significant move higher, and how I’m positioning for it.The Setup I’m SeeingWhen a fundamentally strong stock underperforms during a sector rally, it usually tells you one of two things…Either something is seriously wrong, or you’re looking at compressed spring that’s about to release.With Google, I’m betting on the spring.Google remains my favorite of the Mag 7 stocks. The business fundamentals haven’t changed overnight. Yet the stock is getting treated like damaged goods after earnings, even while Meta, Apple, and others found their footing.This disconnect creates the best swing opportunities – if you know how to read the technical signals.The Point of ControlHere’s where the technical analysis gets interesting. Google has established what we call a “point of control” around the $323 level.To unsubscribe from Trade of the Day Wake-Up Watchlist, click here. Questions? Check out our FAQs. Trying to reach us? Contact us here. Please do not reply to this email as it goes to an unmonitored inbox. To cancel by mail or for any other subscription issues, write us at: Trade of the Day | 14 West Mount Vernon Place | Baltimore, MD 21201 North America: 800.507.1399 | International: +1.443.353.4977 Website | Privacy Policy Keep the emails you value from falling into your spam folder. Whitelist Trade of the Day. © 2026 Monument Traders Alliance, LLC | All Rights Reserved Nothing published by Monument Traders Alliance should be considered personalized investment advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed personalized investment advice. We allow the editors of our publications to recommend securities that they own themselves. However, our policy prohibits editors from exiting a personal trade while the recommendation to subscribers is open. In no circumstance may an editor sell a security before subscribers have a fair opportunity to exit. The length of time an editor must wait after subscribers have been advised to exit a play depends on the type of publication. All other employees and agents must wait 24 hours after publication before trading on a recommendation. Any investments recommended by Monument Traders Alliance should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. Protected by copyright laws of the United States and international treaties. The information found on this website may only be used pursuant to the membership or subscription agreement and any reproduction, copying or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of Monument Traders Alliance, LLC, 14 West Mount Vernon Place, Baltimore, MD 21201.REF: 000142349377 |
“When a fundamentally strong stock underperforms during a sector rally, it’s usually telling you one of two things: either something is seriously wrong, or you’re looking at a compressed spring that’s about to release.”Nate Bear, Lead Technical Tactician, Monument Traders Alliance
I love it when I see my favorite setup forming in unexpected places.While the Nasdaq and other tech giants pushed higher Friday, Google (GOOGL) barely budged.That kind of relative weakness usually sends traders running for the exits. But when it happens to a stock with Google’s fundamental strength, it often creates the exact conditions I look for in swing trades.Here’s why I think GOOGL is setting up for a significant move higher, and how I’m positioning for it.The Setup I’m SeeingWhen a fundamentally strong stock underperforms during a sector rally, it usually tells you one of two things…Either something is seriously wrong, or you’re looking at compressed spring that’s about to release.With Google, I’m betting on the spring.Google remains my favorite of the Mag 7 stocks. The business fundamentals haven’t changed overnight. Yet the stock is getting treated like damaged goods after earnings, even while Meta, Apple, and others found their footing.This disconnect creates the best swing opportunities – if you know how to read the technical signals.The Point of ControlHere’s where the technical analysis gets interesting. Google has established what we call a “point of control” around the $323 level.