Alphabet Inc (Google) Class A
Long
Zaktualizowano

I want to buy more, more and more of Google shares

I hope it would retrace to the 2nd support level at 143.19 so that I can accumulate more.

Approximately, had you invested in this company in 2004 , 20 years ago, you would have made more than 6000% returns, 10 years ago, more than 500%, 5 years ago, more than 200% and 1 year ago, it would be 105% returns.

Imagine if China is willing to open the market for Google to come in and some sort of collaboration on a win-win basis can be established, the market will be phenomenal for Google and also the users in China. Of course, there is the protectionism that each country wants to work with to protect its own market, national security issues, political reasons, etc.

Let's see how it goes ......
Uwaga
Need more reasons to be convinced :

1. globally, how many are not using Google as a search engine on a daily basis ?
2. in 10 -20 years time, do you see Youtube fading or being replaced ?

Stickability - that is the MOAT. Just like some people will eat the same kind of coffee or breakfast cereals daily even when they are traveling.......
Uwaga
3 months later, the price has come to a support level, awaiting tonight to see if any bullish signals establish before accumulating.....

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