A calm reflection on Google

Recently, I noticed many new friends have started paying attention to Google, and they generally hold great enthusiasm and optimism. Frankly, like everyone else, I am very bullish on Google's future in the long term. However, to avoid the emotional impact that short-term market fluctuations may bring, I think it's necessary to calmly analyze the situation together here, to slightly 'cool down' this enthusiasm and emphasize the importance of risk control.

1. Solid fundamentals are the cornerstone of confidence
   First, Google's long-term value is rooted in its strong fundamentals. Its core business is driven by three pillars: search, cloud computing, and artificial intelligence. These three together form its wide moat and engine for sustained growth. For an in-depth analysis of the fundamentals, you can refer to @lyhalfway Uncle Yaren's sharing. My initial decision to invest in Google was also inspired by him, and this investment luckily helped me make up for the 'tuition' I previously paid on Tesla.
2. Beware of the 'short-term trap': Past performance does not equal future results
   Second, we need to recognize that strong past performance does not fully represent short-term future performance. A good cautionary example is Microsoft, one of the 'Magnificent Seven' tech stocks. Before its recent earnings report, Microsoft's performance was even more robust and steady than Google's. However, on the day of the earnings release, its stock price opened high but closed low, and subsequent market performance became weak and uncertain. This example reminds us that even companies with excellent fundamentals may face profit-taking or market sentiment-driven pullbacks in the short term after their stock prices reach highs.
3. Technical analysis and position management
   Finally, from the perspective of technical analysis and capital management, it is very healthy and common for stock prices to consolidate or experience moderate pullbacks after significant gains. Currently, we can focus on several key price ranges: $191-$197 is a relatively strong support zone, while $201-$205 can be seen as a short-term support level.
   For those who struggle to suppress 'fear of missing out' (FOMO) and choose to build positions near all-time highs (ATH), please be sure to manage your positions carefully. Building positions in batches or setting strict stop-loss points is a far more rational choice than going all-in at once.
   

In summary, it is entirely reasonable to be bullish on Google's growth potential in the long term, but the complexity of the short-term market requires us to remain cautious and respectful. On the path of investing, risk control always comes first. I hope these thoughts can help everyone make wiser decisions.

$Alphabet(GOOGL.US)

$Alphabet - C(GOOG.US)