Alphabet Inc. (GOOGL) โ€“ Bullish Reversal Opportunity

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๐Ÿ“‰ Google stock has corrected ~16.9% from its $207 high last month, now testing a strong trendline support.

With bullish RSI divergence and major AI investments ahead, this could be a prime buy-the-dip opportunity!

๐Ÿ“Š Trade Setup:
๐Ÿ”น Entry Price: $171.80 (Current Price)
โœ… Take Profit 1: $190 (Short-term resistance)
โœ… Take Profit 2: $207 (Previous high)
โœ… Take Profit 3: $220+ (Analyst average price target)
๐Ÿ”น Stop-Loss: $165 (Below trendline)
๐Ÿ”น RSI: Bullish divergence โ€“ signaling potential upside momentum

๐Ÿ“ˆ Why Google?
AI & Cloud Expansion โ€“ $59B AI revenue expected by 2028 (Morgan Stanley)
Waymo Growth โ€“ Autonomous vehicle expansion into Miami (2026)
YouTube & Digital Ads โ€“ Performance Max driving revenue gains
Strong Cloud Business โ€“ Competing with AWS & Microsoft Azure

๐Ÿ”น Analyst Insights:


Average Price Target: $210.62, implying a 23.66% upside from the current price.
High Price Target: $250.00, suggesting significant growth potential.
Consensus Rating: Moderate Buy based on evaluations from 43 analysts.
๐Ÿ”น Regulatory Caution: DOJ lawsuits are a concern, but long-term AI & cloud growth remain strong.

๐Ÿ“Œ Key Levels to Watch:

Holding support at $165? This could trigger a major upside move.
Break above $190? Momentum could accelerate toward $207+

๐Ÿ“ข Google is not just a search companyโ€”itโ€™s an AI, cloud, and automation powerhouse. With strong support, favorable analyst forecasts, & major catalysts ahead, this could be a prime accumulation zone! ๐Ÿš€

Penafian

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