GOOGLE massive rally approaching 12-year Top. Will it reverse?Alphabet Inc. Class CBATS:GOOGTradingShotGoogle (GOOG) has been trading within a 12-year Channel Up since its IPO and April's massive rally has brought it the closest it's been to this pattern's Top (Higher Highs trend-line) since November 2021. That was the Top that kick-started the 2022 Bear Cycle, which declined by almost -45%, bottoming just below the 1W MA200 (orange trend-line). The latter has historically been the market's long-term Support (hence optimal buy entry) as it contained both the 2025 Tariffs flash crash and the 2020 COVID flash crash. Technically the pattern displays strong similarities among those fractals and they are better reflected on their 1M RSI sequences that give a strong sense of cyclical behavior. What stands out on the 1M RSI is the 41.50 Support, which has delivered the market's two most optimal multi-year buy entries (June 2015 and December 2022). If such a test occurs, it goes without saying that it is an automatic long-term buy. So with the Channel Up Top just above the current price action (within $410-420), the probabilities for a technical reversal/ Bearish Leg become stronger. A 1M closing below the 1W MA50 (blue trend-line) would best confirm that but the 1M RSI already displays a topping pattern similar to November 2021. If it is materialized, another -45% decline would bring the stock price again as close to the 1W MA200 as possible, targeting $225. That would be a solid new long-term buy entry, unless as mentioned, the 1M RSI hits 41.50 first. --- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** --- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇