Alphabet (Class C) GOOG Stock & Option Trade Ideas

Based on the technical data for GOOG, the stock is currently exhibiting bullish signals:

• MACD (Moving Average Convergence Divergence) is trending above the signal line, indicating a bullish momentum.
• RSI (Relative Strength Index) is in the overbought range, suggesting increased buying pressure.
• Bollinger Bands are widening, indicating increased volatility and potential upward movement in the stock price.

Potential stock and option trading strategies for GOOG in the coming days:

• Stock Trade: Consider initiating a long position in GOOG by purchasing the stock at the current price levels, targeting a further upside based on the bullish technical indicators.
• Option Trade: Due to the bullish signals, you could consider a bullish option strategy such as a long call. For example, you could purchase a GOOG call option with a strike price slightly above the current price and an expiration date that aligns with your bullish outlook.