Long Alphabet ($GOOG)Alphabet Inc. Class CBATS:GOOGnugget17From a technical aspect and price action analysis, we can identify several key indicators suggesting that the stock price may be approaching a bottom: EMA 200 Support: The price is currently sitting right at the 200-day Exponential Moving Average (red line). This indicator historically acts as a strong dynamic support level where the price tends to bounce—as seen in the last two instances where it touched the EMA200 and rebounded upward. Key Fibonacci Retracement: The stock has reached the 0.618 Fibonacci level (green line at $322), a classic technical target that frequently marks the trough of a bullish correction. Bollinger Bands Stretch GOOG : The price is trading below the lower Bollinger Band (green lines) set at 3 standard deviations. Statistically, the price remains above this boundary 95% of the time, signaling an overextended move to the downside.