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Will $GOOGL continue to play catch-up to its tech peers?

Long
NASDAQ:GOOGL   Alphabet Inc (Google) Class A
$GOOGL delivered a strong report last week when it announced quarterly earnings. The stock has underperformed the tech sector this year. On Friday, it managed to clear $115 and is currently en route for a re-test of $119 if the overall tech sector remains strong. It is not as extended as some of its peers so it is definitely worth a look. The longer it holds above $113 the higher the probability it will clear $120 in the coming week.

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