Aug. 23 at 5:58 PM
📊
$GOOGL | Weekly Trendline Support
$GOOGL continues to hold its key trendline support on the weekly timeframe, with price sitting near an important decision area around
$340.
📌 KEY LEVELS
🟢 Support:
$340
🎯 Upside Targets:
$360
$380
🔴 Below
$340:
$320
$300–
$302 major support
📰 CATALYSTS TO WATCH
• Google expanded its custom AI chip partnership with Marvell, strengthening its push into AI infrastructure and TPUs.
• Waymo continues to expand its autonomous-driving technology, adding another long-term growth catalyst for Alphabet.
⚠️
$340 is the key level.
As long as GOOGL holds
$340 and respects the weekly trendline, the setup favors a potential move toward
$360, followed by
$380.
Hold
$340 →
$360 →
$380 🎯
Lose
$340 → downside risk increases.
