GOOGL Price Action: Will Bulls Defend This Key Level?

8 Mar

(GOOGL) – Daily Technical Analysis

- Support Zone ($162 - Point of Interest): A key demand area where price has historically rebounded. A retest could offer a potential buying opportunity.
- Resistance Zone ($197 - Target Area): A strong supply zone where previous rallies have faced rejection. A breakout above this level could signal further upside momentum.
- Current Price ($173.86): Trading above support, but a pullback toward the $162 zone is possible before a potential rebound toward resistance.
- Volume & Trend: Volume remains active, indicating strong market participation. Confirmation of a reversal at support would strengthen the bullish case.

Outlook: Watch for price reaction near the support zone for a potential rebound toward $197. A breakdown below $162 could invalidate the bullish setup.

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11 Mar

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14 Mar

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Price is trying to go upside...