Alphabet Inc. (GOOGL) is the Stock of the Day at Real Money. We looked at the chart of GOOGL on Monday ahead of its earnings release after the close. We concluded that, "GOOGL looks set to make a bullish upside breakout. Traders who can afford to risk below $1,240 could go long or add to existing longs here. Strength above $1,308 is very bullish."
Sometimes stocks can change direction overnight so let's check out this patterns this morning.