Week 30 of 52 | GOOG Great Quarter, Brutal SelloffAlphabet Inc. Class CBATS:GOOGRobert_V12GOOG just delivered the kind of quarter investors would normally celebrate. Revenue grew 24%, Search remained solid, and Google Cloud continued to accelerate. Under normal circumstances, those numbers would probably have pushed the stock higher. Instead, GOOG dropped almost 7%. The concern is not that Google stopped growing. The concern is how much money Alphabet is spending to remain competitive in AI. CapEx continues to increase, free cash flow is under pressure, and investors now want to see a clearer return from all that infrastructure spending. So this selloff is not really about a weak company. It is about expectations. From a technical perspective, the drop caused real damage. GOOG broke below its rising trendline and lost the previous support area around $340–$350. That zone was defended several times, but after this breakdown it should now be treated as resistance. The first level I am watching is $315–$320. If buyers defend this area and GOOG manages to recover $325, the stock could begin filling the earnings gap. In that case, $340–$350 would become the main target and the real test for buyers. However, if $315 fails, I would not be surprised to see the stock test $300. Below that, the stronger support area sits around $285–$295. That zone comes from the previous consolidation and could become much more interesting for long-term buyers. Key levels Support: $315–$320, $300, $285–$295 Resistance: $325, $340–$350, $365 Personally, I do not think this is a confirmed bottom yet. GOOG remains one of the strongest businesses in the market, but a strong company can still experience a deeper correction when expectations become too high. For now, I would rather watch how the stock reacts around $315 than assume that one large red candle automatically means the dip is over. A recovery above $325 would be the first positive signal. A move back above $340–$350 would be much more meaningful. Until then, the chart remains damaged, even if the long-term story is still intact. Disclaimer: This idea is for educational purposes only and is not financial advice. Always do your own research and manage risk accordingly.