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MarketBeat
MarketBeat
Ryan Hasson

Alphabet’s Chart Is Coiling—and the Fundamentals May Be Ready to Back It Up

Alphabet (NASDAQ: GOOGL) is coiling. After months of going sideways, the stock is pressing toward what increasingly looks like a major inflection point. The technical setup is compelling, but a breakout is often only as trustworthy as the business underneath it. So the real question is whether Alphabet's fundamentals are strong enough to fuel the move its chart is potentially setting up. On that front, the answer might be as convincing as it gets.

The Chart Is Coiling

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