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(Alphabet Class C) – Market In
$GOOG is showing signs of stabilizing after a sharp sell-off, with price currently trading around $319.58 and attempting to build a short-term base above the recent swing low near $314.89. The short-term moving averages are flattening, suggesting selling pressure is easing, but the overall trend remains cautious while price stays below the major MA30. Bulls need a confirmed breakout above resistance to trigger stronger upside momentum, while losing support could invite another wave of selling.
📊 Market Insight 🟢 Support: $314.90 – $317.00
🔴 Resistance: $323.00 – $327.50
🎯 Target 1: $323.00
🎯 Target 2: $327.50
🎯 Target 3: $333.00
🛑 Stop Loss: Below $314.00
⚡ Next Move: A sustained move above $323 could fuel a recovery toward $327–333, while a break below $314.90 may extend the bearish trend toward lower levels. Manage risk and wait for confirmation before entering