Google is a very big company that helps people find things on the internet. It has been doing really well since it started in 2004. But for the past two years, its success did not grow as fast as before and its price stayed between $83 and $150. Recently, Google started to do even better again and its price went up by 83%. Now people think that Google might reach a new high of $200 soon. Read from source...
1. The title is misleading and sensationalized, as Google did not have a true "comeback" but rather a temporary surge in stock price that may be influenced by various factors.
2. The author uses the terms "breakout" and "momentum" to describe Google's stock performance without providing any evidence or analysis of the underlying causes or indicators. This implies a lack of objective reasoning and critical thinking.
3. The article focuses too much on the past success of Google, rather than its current situation and future prospects. This creates an emotional appeal to nostalgia and does not address the potential challenges or risks that Google may face in the present or future.
Positive
Reasoning: The article describes Google's recent 83% surge and breaking free from a prolonged consolidation phase. This indicates that the stock is on an uptrend and potentially aiming for $200, which suggests a bullish sentiment towards the company's performance and future prospects.
One possible way to approach this task is to use a combination of technical analysis and fundamental analysis. Technical analysis focuses on the price action and trends of the stock, while fundamental analysis looks at the underlying business and financial metrics. By using both methods, we can get a more holistic view of the investment opportunity and its risks.