GOOGL gained 32% recently, Next is Consolidation & Probing 1690

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GOOGL continues to be one of the mega-cap of relative value, with growth and admirable earning power. It did gain 32% in recent months so consolidation is in order and a retracement to 1690 likely, then 1650 is probable.

Consider a Put Butterfly of 1700 /1680/1660 for Jan 15. Then the stock may start a small run in anticipate earnings if the large market held up.

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