Google - Fantastic Bullish Break And Retest!Google ( NASDAQ:GOOGL ) just looks amazing:
Click chart above to see the detailed analysis👆🏻
For more than a decade, Google has been trading in a rising channel formation, perfectly respecting all market structure. Now, Google is about to retest the previous all time high once again and with a sharp correction of about -25%, this offers a significant bullish reversal setup.
Levels to watch: $150
Keep your long term vision,
Philip (BasicTrading)
GOOG trade ideas
GOOGLE's generational bottom made. This is how it reaches $350.Alphabet Inc. (GOOG) almost tested last week its 1W MA200 (orange trend-line). That level has been holding for more than 2 years (since March 13 2023) and it's been the main Support of the Bull Cycle that followed the November 2022 Inflation Crisis bottom.
The pattern is almost like the Ascending Triangle that led to the March 2020 COVID crash, which was the most recent time before the late 2022 bottom that the stock made contact with the 1W MA200. As you realize, all those times have been what we call 'generational bottoms', thus extremely good long-term buy opportunities. And as you see they've been on extremely tight time symmetry, all took place roughly every 2.5 years.
If the pattern continues to repeat itself, then we may witness a rally (green Channel Up) similar to the one that peaked on November 2021 and reached the 2.618 Fibonacci extension. As a result, setting a $350 Target would be more than realistic based on this pattern.
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GOOGL Tariff Relief dips to buy: $156.76 ideal, 150.00 possible GOOGL got sold in panic then bought in fomo.
We of the Fib Faith indulge in logical serenity.
We plan and execute calmly and deliberately.
$156.10-156.76 Bounce would indicate strong bull.
$150.55-150.84 is a Must-Hold or it was a bull trap.
$168.17-170.00 should be an achievable first target.
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Pop and Flop in GOOGL?Google recently staged a sharp rebound, filling the gap perfectly after a major sell-off driven by tariff-related headlines. While I had personally expected a deeper move into the $137.36–$135.41 range, price found strong buying interest earlier than anticipated.
The area we bounced from is significant—it's essentially the origin of the move that led to Google’s all-time high in 2024. However, despite the bounce, GOOGL has lost support across all timeframes , which shifts my focus toward potential short opportunities.
I’m now watching for a reaction around the support-turned-resistance zone near $164 . There’s an untested monthly level at $161.72 , which could trigger a reaction, but the area I’m really eyeing is the weekly resistance zone from $164 to $165.87 . I believe this range could act as a strong reversal zone and spark a deeper pullback.
If that rejection plays out, here are the levels I’m watching for downside targets:
- Target 1: $157.04 (daily support zone)
- Target 2: $146.75 (leg end and major weekly swing low from September 2024)
- Target 3: $141.55 (previous leg low)
- Final Target: New lows below $140.00
This short setup was far more appealing before the recent bounce off the $140 zone, so I will remain cautious. However, if price starts reacting from this resistance zone and breaks back below the monthly at $161.72 —or even more convincingly, the local daily support at $160.67 —that would trigger confirmation for continuation to the downside.
Invalidation levels:
- A weekly close above $165.03
- A daily close above $170.60
Either of those would invalidate the short thesis.
Can Efficiency Topple AI's Titans?Google has strategically entered the next phase of the AI hardware competition with Ironwood, its seventh-generation Tensor Processing Unit (TPU). Moving beyond general-purpose AI acceleration, Google specifically engineered Ironwood for inference – the critical task of running trained AI models at scale. This deliberate focus signals a Major bet on the "age of inference," where the cost and efficiency of deploying AI, rather than just training it, become dominant factors for enterprise adoption and profitability, positioning Google directly against incumbents NVIDIA and Intel.
Ironwood delivers substantial advancements in both raw computing power and, critically, energy efficiency. Its most potent competitive feature may be its enhanced performance-per-watt, boasting impressive teraflops and significantly increased memory bandwidth compared to its predecessor. Google claims nearly double the efficiency of its previous generation, addressing the crucial operational challenges of power consumption and cost in large-scale AI deployments. This efficiency drive, coupled with Google's decade-long vertical integration in designing its TPUs, creates a tightly optimized hardware-software stack potentially offering significant advantages in total cost of ownership.
By concentrating on inference efficiency and leveraging its integrated ecosystem, encompassing networking, storage, and software like the Pathways runtime, Google aims to carve out a significant share of the AI accelerator market. Ironwood is presented not merely as a chip, but as the engine for Google's advanced models like Gemini and the foundation for a future of complex, multi-agent AI systems. This comprehensive strategy directly challenges the established dominance of NVIDIA and the growing AI aspirations of Intel, suggesting the battle for AI infrastructure leadership is intensifying around the economics of deployment.
Trump tariffs 2018 vs 2025Based on the Google stock chart, I believe that large corporations reflect the overall economy more than their individual financial strength.
History:
January 2018: The U.S. imposed tariffs ranging from 30% to 50% on imported solar panels and washing machines. 
March 2018: Tariffs of 25% on steel and 10% on aluminum imports were enacted, citing national security concerns. 
June 2018: The steel and aluminum tariffs were extended to include imports from the European Union, Canada, and Mexico.
July 2018: The U.S. imposed a 25% tariff on $34 billion worth of Chinese goods, initiating a trade conflict with China. 
August 2018: An additional 25% tariff was applied to another $16 billion of Chinese imports.
September 2018: The administration implemented a 10% tariff on $200 billion worth of Chinese goods, with plans to increase it to 25% by January 2019. 
May 2019: The tariff on the $200 billion of Chinese goods was increased from 10% to 25% after trade negotiations stalled.
August 2019: President Trump announced plans for a 10% tariff on an additional $300 billion of Chinese goods, which were later adjusted, with some products facing a 15% tariff starting in September 2019 and others delayed to December 2019.
GOOGL - Elliott Wave Final ShowdownGOOGL has dropped over 27.28% , reaching a minor profit-booking zone. The $150 level serves as a key demand zone, where a potential price reversal could occur. The formation is either expanded flat or a running flat on the daily timeframe chart.
Confirmation is best observed near the lower trendline of the parallel channel. If bearish momentum persists, prices may decline further to the $142-$140 range before a strong rebound. Once the correction ends, the upside targets are $168, $180, and $195.
A new low will form if the previous low is breached. Further research will be uploaded soon.
$GOOG Possible Demand Zone 155-143 Targeting 178 By earning!One of worst weekly candles and 3 bearish soldiers pattern made it extremely bearish but now entered the demand zone between 155 to 143 expecting accumulation into this range then possible bottom by mid of April then moving higher after earning targeting upper gap but we keep the target more secure by targeting 178 as closing trade. 161-164 is strong resistance . so the idea bye with weakness and accumulate during coming days with stop loss below 140 approx. Earning estimate 1.6 which is a drop from 2.4 last quarter by 30% - P/E at 19.98 EPS at 8.12 - Average analyst rating at 215 (+60$) from last close at 156. these fundamental make this idea is much likely to succeed. Good luck - please like and share . thanks
OptionsMastery: Looks like a good buy on GOOGLE!🔉Sound on!🔉
📣Make sure to watch fullscreen!📣
Thank you as always for watching my videos. I hope that you learned something very educational! Please feel free to like, share, and comment on this post. Remember only risk what you are willing to lose. Trading is very risky but it can change your life!
Alphabet ($GOOGL) Nearing Completion of 5-Wave DeclineIn our latest Elliott Wave analysis of Alphabet ( NASDAQ:GOOGL ) on the 30 minute chart, we observe a clear 5-wave impulse structure unfolding to the downside, originating from the February 5, 2025 peak. This decline aligns with the broader corrective pattern, and we believe NASDAQ:GOOGL is now in the final stages of this bearish move before a larger recovery takes shape. Let’s break down the structure and what to expect next.
Wave Structure Breakdown
The chart below illustrates that NASDAQ:GOOGL reached a significant high on February 5, 2025, at 209.51.
From this peak, the stock initiated a 5-wave impulse decline:
- Wave ((1)): The first leg down concluded at 156.72, marking a sharp initial decline from the February 5 high.
- Wave ((2)): A corrective rally followed, retracing part of the decline and peaking at 171.28, completing wave ((2)) as the 30 minute chart below shows.
- Wave ((3)): The decline resumed with wave ((3)), which extended lower to 150.66.
- Wave ((4)): A counter-trend rally unfolded in a 3-wave structure, labeled (W)-(X)-(Y) on the chart, reaching a high of 159.23 on April 3, 2025, as indicated on the chart. This peak marked the completion of wave ((4)).
- Wave ((5)): The current leg lower began after the April 3 peak at 159.23. As of the latest data on April 3, 2025, NASDAQ:GOOGL has reached 152.76, as shown on the chart, and appears to be in the final stages of wave ((5)).
Current Position and Invalidation Level
The chart highlights an invalidation level at 171.34 (the “RIGHT SIDE+” line in red). As long as NASDAQ:GOOGL remains below this level, the bearish outlook for wave ((5)) remains valid. With the current price at 152.76, wave ((5)) is likely approaching its conclusion soon. It should not go below 138.7, otherwise wave ((3)) will be the shortest wave. Alphabet (GOOGL) 30 Minutes Elliott Wave Chart
What’s Next: A Larger 3-Wave Rally
Upon the completion of wave ((5)), we expect NASDAQ:GOOGL to initiate a larger 3-wave corrective rally. This should be end a higher-degree wave b. The rally should unfold in a 3-wave pattern (A-B-C) and could target a retracement toward the 170.6 area, where prior wave ((2)) levels may act as resistance.
GOOGL - bears taking controlhi traders,
GOOGL ready for more downside.
The monthly time frame is pretty straightforward here.
Huge bearish engulfing is almost confirmed.
STOCH RSI with a bearish cross.
It's a time to retest the 50 simple moving average.
Bears will drag the price towards 135$ where we should see some bounce.
Lower prices are coming.
Check out our SPX analysis:
GOOGL Technical Analysis (1H)Trend: Short-term bullish channel developing
Price: $157.09
Structure: Price is currently grinding upward inside a rising channel with support around $150 and resistance near $159.50.
Key Support & Resistance Levels:
* 🔽 Support: $150.04 → confluence with lower trendline and previous demand zone
* 🔼 Resistance: $159.51 → upper trendline, testing prior intraday rejection level
Volume: Rising steadily with every test of the lower channel support—buying pressure is evident.
RSI: Slight bullish momentum but approaching mid-range (not yet overbought)
🎯 Trade Idea:
* Bullish Scenario: If price breaks and closes above $159.50 with volume, the next leg toward $162–$165 is possible.
* ⚡️ Entry: $158 breakout
* 🎯 Target: $162.50 / $165
* 🛑 Stop: $155
* Bearish Scenario: A breakdown below $155 may trigger a move toward the $150 and $144 zones.
* ⛔️ Entry: Below $154.80
* 🎯 Target: $150 → $144
* 🛑 Stop: $158
🔥 Options GEX & Sentiment Insights
IVR/IVx:
* IVR: 70.6 (elevated, traders are pricing in movement)
* IVx Avg: 58 → implies option prices are above historical norm
Options Flow:
* Puts: 27.1% dominance (moderate hedging activity)
* GEX Bias: Strong Gamma Wall at $157, suggesting price may gravitate toward or stall here unless a breakout occurs.
* Call Walls:
* $160 – Mild resistance
* $162.5 – Potential profit-taking zone
* Put Walls:
* $150 – Strong support area due to GEX negative cluster
* $145–$140 zone – Loaded with high negative GEX: bounce likely if it dips there
⚠️ GEX Highlight:
* The Highest Positive NETGEX is near $157, suggesting market makers prefer pinning price near this zone unless there's a volatility jolt.
💡 Final Thoughts & Strategy
GOOGL is currently in a tight spot where price is climbing within a narrowing channel, and the GEX walls are aligning perfectly around it. It’s a gamma-neutral zone where market makers may suppress volatility short term unless external catalysts break the structure.
Scalp Idea: Use break/retest around $157 or $160 for quick directional trades.
Options
Strategy:
* Neutral-to-Bullish: Consider selling a put credit spread above $150 if expecting price to consolidate.
* Directional Call: Buy 0DTE or 2DTE calls if price breaks above $159.50 with volume.
Google may rotate up soon - Bearish exhaustion maybe?NASDAQ:GOOGL is looking at a possible short-term recovery after the stock has shown significant bearish exhaustion. 1.) Prices dip below the key support with spike in volume. Suspected manipulation or bear trap. 2.) the whole corrective move since Aug 2024 is in a bearish corrective flat structure. Meaning to say, that the stock may find its major support at 123.6% extension of the previous day range.
While stochastic is showing potential signs of oversold and DM- is peaking. so anytime from now, we are looking for strong opportunity to buy. Key clue, if the stock rally 6-8% within a day, we are looking at a possible recovery.
GOOGL Testing Key Support: Breakdown or Bounce from $150?
🧠 Macro Context:
In the wake of the Trump tariff announcement, market-wide risk aversion hit big tech hard. GOOGL is now sitting on a crucial $150 gamma support zone, where both technical and options flow converge. The market is indecisive: is this a base or a trap?
📊 Technical Analysis (1H Chart)
Market Structure:
* GOOGL has been in a consistent downtrend, rejecting lower highs.
* Attempted recovery stalled at the HVL around $152.50, and now price is back down to support near $150.66.
* The short-term trendline from the late March breakdown has held, acting as dynamic resistance.
Key Levels:
* Support:
* 🔻 $150.66 = Recent session low
* 🔻 $149 = PUT wall / breakdown risk zone
* Resistance:
* 🔺 $152.50 = HVL rejection zone
* 🔺 $155 = First GEX resistance area
* 🔺 $160 = Massive Gamma Wall / Call Resistance
Indicators:
* Selling volume continues to be elevated.
* No real sign of divergence or bottoming pattern yet, but price is coiling near a gamma pivot.
🧨 GEX & Options Flow Analysis
GEX Map (Options GEX ):
* GEX: 🔴🔴🔴 — heavy short gamma positioning means dealers are sellers into strength, adding fuel to downside momentum if $150 breaks.
* Highest Net Positive GEX / Call Wall sits around:
* $160–162.5 = Gamma resistance cluster
* Put Support:
* $150–149 = Highest PUT density. A break below could trigger dealer hedging flows, accelerating losses.
Options Oscillator:
* IVR 75.3 → Elevated risk expectations.
* IVx 40.6 avg vs 3.48% daily → Volatility is rising but hasn't spiked.
* PUT$ 0% → Either the data is delayed or retail isn't hedging — could mean more downside is possible.
🧭 Trade Scenarios
🐻 Bearish Breakdown Setup:
* Trigger: Clean break below $150.60 with volume
* Target: $149 → $147.50
* Stop: Above $152.50 (tight control)
* Edge: GEX confirms no real support below $149
🐂 Gamma Bounce Setup:
* Trigger: $150 holds and price reclaims $152.50
* Target: $155 → $160 (scalp to swing)
* Stop: $149 breakdown
🔥 Summary:
GOOGL is coiled at the gamma pivot zone ($150). If it breaks, the lack of strong PUT interest and dealer short gamma could trigger a fast move down to $147 or lower. On the flip side, a strong bounce and reclaim of $152.50 can open up a path toward $155–$160.
⚔️ Suggested Plays:
🔻 Buy $150P 0DTE/2DTE on breakdown — ride momentum
🔺 Buy $155C 1-week expiry only if $152.50 is reclaimed with strength
Stay nimble — we’re in a gamma battlefield.
Disclaimer: This is not financial advice. Trade your own plan, manage your risk, and stay objective.