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Investment thesis
After qualifying Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL) as a long-term investment opportunity based on my in-depth fundamental analysis, I want to discuss the stock from a technical perspective. The stock has lost 45% since the beginning of its decline and is priced under its most important moving averages, facing significant overhead resistance, while the stock is still not building relative strength, despite the relevant industry group…
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