GOOGL at 295$ see it go up to possibly 330$, but still bearish

Wait 5 sec.

GOOGL at 295$ see it go up to possibly 330$, but still bearishAlphabet Inc. Class ANASDAQ:GOOGLjazziomanGOOGL dumped to around $295 after hours following earnings, which is where I'm making this analysis. SHORT-TERM OUTLOOK: Right now, I don't consider GOOGL a good swing-trading buy on the daily chart, still in BEARISH TERRITORY and no confirmation of a bottom. The stock is trading below its 200-day EMA and has broken below important short-term support levels. IT's also under the blue line which is the ema so not a confirmation buy there is other stock worth buying and are less risky. However, the earnings dump has also filled a gap that had been open since April 8, 2026, around the $305–$315 area. There's also a fair value gap (FVG) around $330–$335, with the 200-day EMA sitting near $340. Because of this, I could see a potential relief rally toward $330–$340, where I'd expect strong resistance. A break and hold above $360 would be more interesting from a bullish perspective, as that would also mean breaking above the descending white trendline forming the upper resistance of the potential bull flag. BOLLINGER BANDS (20 SMA): Looking at the Bollinger Bands, I've noticed that GOOGL has been touching or trading near the lower green band for several days. Personally, I often see the lower green band as a potential buying area and the upper red band as a potential profit-taking area, although these aren't guaranteed reversal signals. With the stock already trading near the lower band before earnings, this additional selloff makes the short-term setup look even more oversold to me. That's one reason why I wouldn't be surprised to see a bounce toward $330 before the next major move. BULL FLAG / KEY SUPPORT: GOOGL is also approaching the lower white trendline of the potential bull flag, around $290, which could act as an important support area. If that level holds, a rebound toward the FVG and 200-day EMA becomes a scenario worth watching. However, a breakdown below that support would weaken my bullish outlook. MY CONCLUSION: Despite my short-term bullish bias, I wouldn't recommend GOOGL as a daily-chart swing trade right now. It's below the 200-day EMA, and the technical structure still looks weak. However, for shorter-term traders, I lean bullish on a potential relief bounce toward $330–$340, even after the negative price reaction to earnings. That doesn't mean I'm calling the bottom. I simply think the recent selloff could lead to a short-term rebound before the stock decides its next major direction. Key levels I'm watching: $290–$295: Potential support / bull flag lower trendline $305–$315: Previously open gap, filled after hours 28 october $330–$335: Fair value gap / potential bounce target $340: 200-day EMA / major resistance $360: Upper descending trendline / potential bullish breakout $410+: Possible longer-term upside scenario if the bullish structure is recovered Just sharing my personal technical analysis, not financial advice. Trade carefully!