Jan. 31 at 6:56 PM
$GOOGL is trading near ~
$337 heading into earnings Tue 2/3 (After Market Close). Options markets are pricing about a ~5–7% implied move into and around the report.
Key Levels Traders Are Watching:
Resistance zone: ~
$350 –
$355
• Near recent swing highs / supply zone
Near support: ~
$330 –
$334
• Immediate demand pivot
Deeper support: ~
$320 –
$325
• Secondary support if downside expands
Stretch upside breakout: ~
$365+ if earnings spark continuation
Implied Move Range:
• Upside target ~+6% = ~
$357 –
$360
• Downside target ~–6% = ~
$317 –
$320
How pros are reading it:
• Acceptance above
$350 –
$355 with volume = bullish continuation
• Failure below
$330 –
$334 = expand downside toward
$320 –
$325
• Earnings reaction at these levels matters more than the headline
