GOOGL Oct. 9 — Bulls Building Base Above $244Alphabet Inc.BATS:GOOGLBullBearInsightsGOOGL Oct. 9 — Bulls Building Base Above $244, Watching $247.5 Breakout 🔥 Alphabet (GOOGL) is showing early signs of recovery after defending the $243–$244 demand zone. The 15-minute chart highlights a CHoCH following a series of BOS confirmations, suggesting the start of a short-term bullish structure shift. Price is riding an ascending intraday trendline, hinting at accumulation near current levels before an attempt toward $247–$250. MACD has turned positive with rising histogram momentum, and the Stoch RSI is pushing upward from mid-levels — showing renewed buying interest. If momentum holds, GOOGL could test its upper supply range soon. On the 1-hour chart, price is consolidating just above the HVL ($244.88), where gamma positioning provides a neutral-to-bullish cushion. Above, major gamma resistance aligns with $247.5 → $251.3, where the largest call walls and positive net GEX sit. A clean breakout through $246 could ignite momentum toward the $250 area. Support and Resistance Levels: * Immediate Resistance: $246.00 → $247.5 * Major Resistance (Gamma Wall): $250 → $251.3 * Immediate Support: $244.03 → $243.5 * Key Support Zone: $240 → $238.6 GEX & Options Sentiment (1H GEX Chart): * The highest positive GEX lies near $250–$251, forming a strong gamma ceiling. * Put support at $240–$238.6 acts as a sturdy base, where dealers are likely delta-hedging long. * IVR (47.2) and Calls (36.5%) suggest moderate bullish sentiment with balanced positioning. * The GEX curve tilts upward above $246, meaning that any breakout from here could trigger dealer hedging and accelerate a short squeeze toward $250+. Trade Scenarios: Bullish Setup: * Entry: Above $246 breakout * Target 1: $247.5 * Target 2: $250 → $251.3 * Stop-Loss: Below $243.5 * Rationale: Bullish CHoCH, rising MACD, and supportive GEX bias favor continuation if price clears $246 resistance. Bearish Setup: * Entry: Below $243.5 breakdown * Target 1: $240 * Target 2: $238.6 * Stop-Loss: Above $245.5 * Rationale: Rejection at $246 with weakening MACD momentum could invite sellers back toward gamma neutral levels near $240. GOOGL is holding its intraday structure firmly, with upside potential toward $250 if $246 clears with volume. As long as $243.5 holds, buyers retain control in this tight consolidation range. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and manage your risk before trading. If anyone needs me to TA any stock, PM me.