GOOG, AMZN and AAPL Forecast – Giants a Bit Quiet in Early Trading on Thursday

GOOG Technical Analysis

Google looks like it’s going to be slightly positive at the open, according to pre-market trading on Thursday, but that should not be a surprise considering that the market has been straight up in the air for months. That being said, it is a stock that’s quietly positive. In other words, we’re not going to have massive gains, but it’s worth noting that Monday is the ex-dividend date of $0.21.

So that might be something some people look into. It’s the explosive growth of AI that everybody likes. So, especially as Gemini has outperformed ChatGPT recently, there are a lot of people talking here. Buying on the dips and simply owning this stock seemed to be the best way forward.

AMZN Technical Analysis

Amazon looks like it’s probably going to open up right around where it closed. That’s not a huge surprise. We’re in a range, and we have been for a while. It looks like the $240 level will continue to be resistance. The 50-day EMA offered support during the trading session on Wednesday. We’ll have to see if that ends up being the case again. Below there, we have the 200-day EMA and $218.87, which also looks very likely to offer a bit of support going forward.

AAPL Technical Analysis

And finally, Apple looks like it’s going to open up just about where it closed during the previous session, as the market may be a little stretched here. Ultimately, I do think Apple goes much higher. It is one of the better-performing stocks. But again, we had six or seven days in a row. So, really, at this point in time, a pullback is healthy. It probably helps out the momentum overall. We’ll just have to wait and see. It will more likely than not just go with the rest of the tech stocks out there. Although, as I said, it may have to maybe work off a little bit of the froth here, but overall it looks like it is going to go higher, and it’s eyeballing that $300 level.

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