Alex Dudov
⬤ Alphabet hit a lower low on the daily chart and found tentative support around $302 after recent selling pressure. Friday and early next week will be critical for determining whether GOOGL can reverse its slide or keep falling. The chart shows price action struggling to hold gains above $302, which served as a pivot during early 2026. Traders tracking Alphabet Stock Price Prediction: GOOGL Eyes Break Above Key Resistance note this support zone could define the stock's next move.
⬤ From a technical standpoint, GOOGL has printed a series of lower highs and lower lows, pointing to short-term weakness. The horizontal resistance zones near $321-322 represent key levels where previous consolidation and rejection happened. Failing to reclaim this area would keep bearish momentum alive and could contribute to a larger head and shoulders formation. According to analysts following GOOGL Price Analysis: Chart Signals Pressure Following Failed Breakout, such a pattern typically signals a shift from bullish to bearish structure, potentially bringing further downside pressure.
⬤ On the flip side, a clean break above $321-322 would turn the technical picture more positive. The chart shows higher resistance near the mid-$330s has previously stopped upside attempts, and clearing both levels would signal a return of momentum. This scenario could bring intermediate-term buyers back who've been watching from the sidelines. However, until resistance is cleared, GOOGL stays on watch, with the balance between support and resistance defining its immediate direction.
⬤ How this range resolves matters because it'll show whether Alphabet's downtrend has finished or still has room to run. Holding above $302 while challenging $321-322 could spark short-term strength, but failing to reclaim key resistance would leave price action exposed to pattern completion. Experts at Google Parent Alphabet Faces Technical Test at Major Support Level emphasize that how GOOGL navigates these thresholds in coming sessions will define its near-term trajectory.
Alex Dudov
