Can $GOOGL avoid the inevitable?

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GOOGL reports next week. On Friday, the stock broke the last big support area at $2490 and looks extremely vulnerable. In case of a miss or poor guidance, the recent bullish cycle may come to a sudden stop and the price may reach $2100 quickly. A strong report coupled with good guidance may offer an oversold bounce to $2600-2650. We would rather buy some calls rather than puts given GOOGL's history

Feragatname

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