Will buyers step in for Alphabet again this year?

Alphabet has shown gains from November 30 through to December 26 over the last 10 years, gaining in 9 out of the 10 years. The largest gain was in 2010 with a +8.40% rise. The losing year was in 2018 and marked a drop of -5.57%.

Trade Risks:

  • The main risk to this trade is if there is heavy equity selling or risk-off trading on any rising COVID-19 lockdowns.
  • Also, any news that is bad for Alphabet.

Seasonal patterns are technical signals which often have a fundamental background. Seasonal patterns apply to various markets: weather patterns, harvest periods, the timing of interest payments, regular fund inflows, tax payments, investor sentiment and more. Seasonality is based on historical data, but not every year is the same, so use with investor discretion.

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