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Closing trading signal on Alphabet Inc - GOOG - profit +$4,001

Profit realized on the signal ALPHABET INC

Profit cashed from the trade on GOOG on September 23, 2022

Good morning Traders,

On July 01, 2022 a Short Trading Signal was opened on Alphabet Inc (Ticker: GOOG) listed on NASDAQ, better known as Google, and closed on September 23 realizing a profit of $4 thousand.

The transaction was opened considering the macroeconomic data, which impact Tech stocks, moreover, GOOG was, and is currently in a bearish trend started after making its all-time highs in November 2021 and February 2022, marking with a double high.

Below chart showing trade entry and close

The trade yielded a profit over 8 percent of the equivalent value of the shares sold.

Some information about Alphabet Inc

Alphabet, Inc. is a holding company that engages in the acquisition and management of several companies. 

It operates through Google, which includes its major Internet products such as ads, Android, Chrome, hardware, Google Cloud, Google Maps, Google Play, Search and YouTube, and other applications.

In addition, it includes companies such as Access, Calico, CapitalG, GV, Verily, Waymo, and X. 

The company was founded by Lawrence E. Page and Sergey Mikhaylovich Brin on October 2, 2015, and is headquartered in Mountain View, CA 

Financial Overview: GOOG's current market capitalization is USD 1,251T. The next earnings release date for Alphabet Inc (Google) Class C is Oct. 25. The estimate is US$1.28.

Accounts, including revenue, expenses, profit and loss: GOOG's total revenue for the latest quarter is US$69.31B, up 2.33% from the previous quarter. Net income in Q2 22 is $16.00B USD.

Overview data and accounts source: Tradingview.com

GOOG Signal Board

Signal Entry Short: $107.78

Signal Closure: $99.08

Profit: $4,001, $36