Saad Ullah
Google's stock has been putting on quite a show lately, and traders are taking notice. After months of building a solid foundation, GOOG has broken through some important levels and is now setting its sights on even higher targets. With technical indicators flashing green and momentum clearly on the bulls' side, investors are wondering just how far this rally can go.
GOOG Price Surges Toward Golden Fib
Google has been on a tear since spring 2025, creating what technical analysts love to see - a classic cup-shaped recovery pattern. The big moment came when the stock pushed through the $211.17 resistance level, which has now become a reliable support floor. This breakthrough has basically given the green light for much higher prices.
Trader @TrendSpider has his eyes on something special: the Golden Fibonacci level at $255.27. This isn't just any random number - it's a technical sweet spot that often acts like a magnet for stock prices. When you see this kind of setup, it usually means the market has more room to run if the momentum keeps up.
Technical Indicators Confirm Strength
The technical picture looks pretty solid right now. TrendSpider's analysis shows bullish pressure building across different time periods:
- Fast Stoch: 9 (moving with the uptrend)
- Slow Stoch: 95 (showing serious momentum)
- Slowest Stoch: 62 (above average strength)
These numbers tell us that buyers are really in control here. When you see this kind of alignment across multiple indicators, it usually means the trend has legs and could keep going.
With Google sitting at $234.45, the path to that $255.27 Fibonacci target looks pretty clear if the bulls stay in charge. The key thing to watch is whether the stock can hold above that $220–$225 area - that's become the new battleground between buyers and sellers.
If this momentum keeps up, we could see Google push into fresh multi-month highs, which would open up even more upside potential. But here's the thing to remember: if the stock can't stay above that crucial $211 level, it could mean trouble. That's become the line in the sand that separates the bulls from the bears, so it's definitely worth keeping an eye on.
Saad Ullah
