Alphabet (Google)

$GOOGL

August was a tepid month for the indexes broadly (all are negative for the month as of this typing), but not for GOOGL 0.00%↑ .

Given such, it’s tough to think that a move back towards the $150’s isn’t on the horizon, especially as long as the stock is above that $130ish level. Nice risk reward setup in one of the market behemoths.