GOOGLE Massive weekly break-out! Is $275 next?

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GOOGLE Massive weekly break-out! Is $275 next?Alphabet Inc.BATS:GOOGTradingShotLast time we took a look at Google (GOOG) was 3 months ago (May 29, see chart below), giving a strong buy signal within its then Channel Up, that hit our $197.00 Target in less than 2 months: This week the stock has broken above its April - August 2025 Channel Up, soaring on the very positive news, breaching the $230.00 barrier. In fact, the whole 2024 - 2025 price action resembles the pattern of 2018 - 2019 up until the current break-out. In April 29 2019 the price opened downwards massively, the opposite of what occurred now. After it found Support and rebounded a month later, Google eventually started a new long-term rally that almost reached the 1.618 Fibonacci extension. We will apply a similar structure as we move forward, expecting the current fundamental euphoria to recede on the short-term, with our optimal technical buy being near the 1D MA50 (blue trend-line). After that, our long-term Target will be $275.00 (just below the 1.618 Fibonacci extension). ------------------------------------------------------------------------------- ** Please LIKE πŸ‘, FOLLOW βœ…, SHARE πŸ™Œ 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. ** ------------------------------------------------------------------------------- πŸ’ΈπŸ’ΈπŸ’ΈπŸ’ΈπŸ’ΈπŸ’Έ πŸ‘‡ πŸ‘‡ πŸ‘‡ πŸ‘‡ πŸ‘‡ πŸ‘‡