Trading Strategies For Alphabet Stock Before And After Q3 Earnings
Portfolio Pulse from Melanie Schaffer
Alphabet, Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) is set to release its Q3 earnings after the market close on Tuesday. Analysts expect an EPS of $1.44 on revenues of $75.87 billion. The stock looks bullish heading into the event, with a possible bull flag pattern on the daily chart. However, holding a stock or options through earnings is considered risky. The stock could reach a new all-time high of $150 if it breaks up from the flag on higher-than-average volume.
October 24, 2023 | 7:12 pm
News sentiment analysis
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POSITIVE IMPACT
Alphabet's Q3 earnings release could potentially drive the stock price to a new all-time high of $150. However, the risk associated with holding a stock through earnings is also noted.
The news is directly related to Alphabet's upcoming Q3 earnings release, which analysts expect to be positive. This could potentially drive the stock price up. However, the inherent risk of holding a stock through earnings is also highlighted, which could impact investor sentiment.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Alphabet's Q3 earnings release could potentially drive the stock price to a new all-time high of $150. However, the risk associated with holding a stock through earnings is also noted.
The news is directly related to Alphabet's upcoming Q3 earnings release, which analysts expect to be positive. This could potentially drive the stock price up. However, the inherent risk of holding a stock through earnings is also highlighted, which could impact investor sentiment.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 100