Hi Shoppers,

Alphabet Class A (Ticker: GOOGL) has had a huge rally trading up from $109 to just shy of $126 in eight trading days.

That’s pretty quick. 

Check it out on the chart:

Friday’s action created a shooting star which may be signaling a change in this uptrend.

I think GOOGL could pullback to $120 and possibly $113.

If the stock opens and trades lower tomorrow, I will be a shopper of puts expiring Friday:

You know me, I like the at the money options as they carry the most gamma.

I would use Friday’s opening price as my stop loss if the stock decides to rally.

Thanks for Reading … See You Next Tuesday,

Licia Leslie