📉 Google stock has corrected ~16.9% from its $207 high last month, now testing a strong trendline support.
With bullish RSI divergence and major AI investments ahead, this could be a prime buy-the-dip opportunity!
📊 Trade Setup:
🔹 Entry Price: $171.80 (Current Price)
✅ Take Profit 1: $190 (Short-term resistance)
✅ Take Profit 2: $207 (Previous high)
✅ Take Profit 3: $220+ (Analyst average price target)
🔹 Stop-Loss: $165 (Below trendline)
🔹 RSI: Bullish divergence – signaling potential upside momentum
📈 Why Google?
AI & Cloud Expansion – $59B AI revenue expected by 2028 (Morgan Stanley)
Waymo Growth – Autonomous vehicle expansion into Miami (2026)
YouTube & Digital Ads – Performance Max driving revenue gains
Strong Cloud Business – Competing with AWS & Microsoft Azure
🔹 Analyst Insights:
Average Price Target: $210.62, implying a 23.66% upside from the current price.
High Price Target: $250.00, suggesting significant growth potential.
Consensus Rating: Moderate Buy based on evaluations from 43 analysts.
🔹 Regulatory Caution: DOJ lawsuits are a concern, but long-term AI & cloud growth remain strong.
📌 Key Levels to Watch:
Holding support at $165? This could trigger a major upside move.
Break above $190? Momentum could accelerate toward $207+
📢 Google is not just a search company—it’s an AI, cloud, and automation powerhouse. With strong support, favorable analyst forecasts, & major catalysts ahead, this could be a prime accumulation zone! 🚀
With bullish RSI divergence and major AI investments ahead, this could be a prime buy-the-dip opportunity!
📊 Trade Setup:
🔹 Entry Price: $171.80 (Current Price)
✅ Take Profit 1: $190 (Short-term resistance)
✅ Take Profit 2: $207 (Previous high)
✅ Take Profit 3: $220+ (Analyst average price target)
🔹 Stop-Loss: $165 (Below trendline)
🔹 RSI: Bullish divergence – signaling potential upside momentum
📈 Why Google?
AI & Cloud Expansion – $59B AI revenue expected by 2028 (Morgan Stanley)
Waymo Growth – Autonomous vehicle expansion into Miami (2026)
YouTube & Digital Ads – Performance Max driving revenue gains
Strong Cloud Business – Competing with AWS & Microsoft Azure
🔹 Analyst Insights:
Average Price Target: $210.62, implying a 23.66% upside from the current price.
High Price Target: $250.00, suggesting significant growth potential.
Consensus Rating: Moderate Buy based on evaluations from 43 analysts.
🔹 Regulatory Caution: DOJ lawsuits are a concern, but long-term AI & cloud growth remain strong.
📌 Key Levels to Watch:
Holding support at $165? This could trigger a major upside move.
Break above $190? Momentum could accelerate toward $207+
📢 Google is not just a search company—it’s an AI, cloud, and automation powerhouse. With strong support, favorable analyst forecasts, & major catalysts ahead, this could be a prime accumulation zone! 🚀
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Seizing Opportunities, Maximizing Returns. With 7+ years of experience, we provide accurate insights and trading signals.
💹 Free daily signals & analysis
💹 Expert strategies & updates
Join now: t.me/valchevfinance
💹 Free daily signals & analysis
💹 Expert strategies & updates
Join now: t.me/valchevfinance
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.