GOOGL : Symmetrical Triangle Breakout Setup LongAlphabet Inc. Class ABATS:GOOGLthetradeguru_fxExecutive Summary Alphabet Inc. Class A (GOOGL) is consolidating inside a clean daily symmetrical triangle pattern while successfully defending the rising 200-period moving average and major horizontal support. The core thesis anticipates an explosive upside breakout toward the pattern apex target, offering a projected upward expansion of approximately 15.5% toward primary resistance zones. Key Technical Confluences Symmetrical Triangle Compression: Price action is tightening within converging trendlines connecting multiple reaction highs and lows since early 2026. 200-Period Moving Average Support: The ascending 200 SMA acts as a dynamic structural floor, aligning directly with long-term horizontal support near the 348.00 region. Multiple Test Confirmation: The underlying support zone has repeatedly repelled downward pressure, validating buyer commitment and building high liquidity just below the breakout apex. Fibonacci : Price is finding strong support at the 50% Fibonacci retracement level, which aligns closely with both the moving average and horizontal support. Trade Execution and Risk Management Plan Entry Zone: $345.00 - $350.00 (Current accumulation and consolidation range near support) Take Profit 1 (TP1): $375.32 (Intermediate resistance cluster, representing ~7.5% upside) Take Profit 2 (TP2): $403.51 (Major measured move target matching the triangle base height, representing ~15.5% upside) Invalidation / Stop Loss: Strict stop loss placed below $328.05 to invalidate the bullish thesis upon a structural breakdown beneath the 200 SMA support zone. Disclaimer This content is for informational and educational purposes only and does not constitute financial advice, an endorsement, or a recommendation to buy or sell any security. Trading equities involves substantial risk of loss, and investors should perform their own thorough due diligence before executing any trades.