Peter Smith
Google's stock is on fire right now, trading at $235 and showing all the signs of a serious bullish run. The technical picture looks incredibly strong - we're seeing an RSI of 84.64, which tells us buyers are really stepping up, and the MACD is flashing green signals that suggest this momentum isn't done yet. For anyone watching the markets, GOOG looks like it's gearing up for something big.
The stock has been climbing steadily, and traders are starting to take notice. With these technical indicators aligning, many are wondering if we're about to see a breakout to even higher levels.
Trader Insights on GOOG's Upside Potential
Trader @feetr_ai is pretty bullish on what's happening with Google right now. He's pointing to $234 as a solid entry point for anyone looking to go long, with his sights set on $240 to $245 in the coming weeks.
What's interesting is that even with Apple making noise in the AI space, @feetr_ai isn't worried. He believes Google's lead in AI development, plus their massive cloud business and advertising empire, gives them enough of an edge to keep pushing higher. It's a compelling argument when you look at how diversified Alphabet really is.
Key Technical Levels for Google (GOOG) Price
Here's what traders should be watching:
- Entry Zone: $234 is holding strong as both support and a good buying opportunity.
- First Target: $240 represents the next major resistance level to break.
- Extended Target: $245 if the momentum continues to build.
- Risk to Watch: That RSI at 84.64 is getting pretty stretched, so we could see a quick pullback to $230 before the next leg up.
The key thing here is volume - if we see strong buying volume confirm these moves, it validates the breakout potential.
Outlook: Can Google (GOOG) Price Push Higher?
Apple's AI push is definitely creating some competitive pressure, but Google isn't exactly sitting still. Between Google Cloud's growth, YouTube's dominance, and their search advertising goldmine, Alphabet has multiple ways to win. That diversification is exactly why investors keep coming back to this stock.
As long as GOOG stays above that $234 support level, the bullish story stays intact. With both RSI and MACD backing this rally, there's a real chance we see $240-$245 hit sooner than expected. For now, Google remains one of Wall Street's favorite momentum plays.
Peter Smith
