US stocks / GOOGL
GO
Alphabet Inc
$232.3
+0.00%
Past 3months
Trading vol51.68M
Market cap2.809T
PE24.53
Total Issued Shares12.09B
5min
30min
1h
2h
1d
1w
1m
Newest
Hottest
FXOpen
Alphabet Stock Price Soars By Around 8% After Court Ruling
Alphabet (GOOGL) Stock Price Soars By Around 8% After Court Ruling At the end of August, we reported that Alphabet (GOOGL) stock price had reached a historic high, closing above $210. But today, the price is likely to climb to a new, significantly higher level. Yesterday, in after-hours trading, it surged by roughly 8%. Why did Alphabet (GOOGL) shares rise? The jump is explained by a court ruling in a case concerning alleged monopoly practices related to the Chrome browser. According to Investopedia, a federal judge ruled that the tech giant does not need to sell Chrome. This dispelled fears that Alphabet might have been forced to part with a core part of its business. Interestingly, one of the factors behind the judge’s decision was the spread of AI solutions (such as ChatGPT and Perplexity), which offer competition to Chrome’s search and browsing functions. Technical analysis of GOOGL shares In our earlier review, we identified: → an upward channel (shown in blue), formed by long-term price movements; → an intermediate channel (in place since late spring). If today’s trading in GOOGL opens around where the price settled in yesterday’s after-hours session (close to $226), this would mean: → the growth target at the upper boundary of the blue channel has been reached; → in the context of the summer’s price swings, Alphabet (GOOGL) shares will be in an extremely overbought zone. Once the initial excitement following the news subsides, this could pave the way for a correction, which seems reasonable after a rise of more than 55% in the past five months. In this case, the $215 level may serve as an indicative target for the correction to end: → it marks the lower boundary of a bullish gap that is highly likely to form today; → the market could then return within the aforementioned channels, giving the bulls renewed confidence to buy, as Alphabet (GOOGL) would no longer appear overbought, while the strong fundamental backdrop (as can reasonably be expected) would remain intact. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
10:05 AM · Sep 3, 2025
0
2
BullBearInsights
GOOGL Technical Analysis-Sep. 3
Alphabet ripped higher off the 207.5 support zone, launching straight into 227–229 resistance with a massive breakout candle. This kind of vertical move shows aggressive buying and likely short covering. * Resistance: Price is stalling at 227–229, which lines up with prior supply. After such a sharp move, this zone is where profit-taking typically kicks in. * Support: Immediate support sits back at 220–222.5, then stronger support at 217.5, and the base of the breakout at 207.5. * Indicators: MACD flipped sharply bullish, histogram expanding. Stoch RSI is deep in overbought (near 90), suggesting the move may need to consolidate or pull back before continuation. The structure shows bulls are in control, but the chart is overextended in the short term — a consolidation or retest is likely before another leg higher. 🔍 Options / GEX Confirmation * Resistance: * Heavy call positioning at 225–227.5, aligning with the current stall zone. * Overhead walls thin out above 230, meaning if bulls clear this resistance, room opens toward 235+. * Support: * 220–222.5 has strong call wall and dealer support. * 217.5 is the next layer of structural and options-backed support. * 207.5 remains the deepest level tied to highest positive gamma support. Options flow confirms the same setup: bulls control momentum, but 227–229 is a heavy ceiling until volume pushes through. 🎯 Trade Scenarios * Bullish: Hold above 222.5–220 and break through 229 with volume → upside targets 235 → 240. * Bearish: Rejection at 227–229 with a breakdown under 222.5 → downside targets 217.5 → 207.5. GOOGL’s breakout is impressive, showing strong institutional buying. But the stock is now pressing into major resistance at 227–229, where consolidation or a pullback is likely. If bulls can defend 220+ on any dip, the chart sets up for another leg higher toward 235–240. If not, the rally risks fading back to 217.5 or even 207.5 before stabilizing.
9:21 PM · Sep 2, 2025
0
0
FXOpen
Alphabet (GOOGL) Shares Set an All-Time High
Alphabet (GOOGL) Shares Set an All-Time High As the chart of Alphabet (GOOGL) shares shows, the price in August exceeded the February high. For the first time in history, the close price moved above $210. The positive market sentiment is being driven by the development of AI technologies, as well as Alphabet’s (GOOGL) ambition to maintain a leading position in this field. Among the latest news, it is worth noting that Meta Platforms (META) has signed an agreement to use Google Cloud’s infrastructure for its AI projects, which is expected to bring Alphabet around $10 billion in revenue. Technical Analysis of GOOGL Shares In the long-term context, price fluctuations are forming an ascending channel (shown in blue). After falling to the lower boundary in early April (when Trump first announced his tariffs), the balance of sentiment shifted, and the price has since been moving within a new medium-term ascending channel (shown in purple), approaching the upper boundary of the blue channel. At the same time, we can make the following observations, which generally point to a bullish market: → the price has confidently broken above the median line of the long-term channel; → the price has consolidated above the psychological level of $200, which acted as resistance at the start of the year; → this summer, the price has been trading near the upper boundary of the medium-term channel, highlighting strong demand – short-term declines towards the median line of the medium-term channel have quickly attracted buyers; → in August, the $205.75 level switched its role from resistance to support. From a bearish perspective, the RSI indicator is showing signs of divergence, suggesting that the rally may be running out of steam. However, it seems that more significant drivers would be needed to shift the current positive sentiment: → Technically, Alphabet’s (GOOGL) share price reaching the upper boundary (which looks realistic given the bullish factors listed) could motivate buyers to take profits. → Major economic news, such as a change in the Federal Reserve’s interest rate policy. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
10:55 AM · Aug 29, 2025
0
2
TJ01
Loading...
logo© 2025 All rights reserved