GOOGL's rising 50-day MA creates a favorable technical setup for potential upside in the short term.
BullishHe framed it in weeks
“Stock Market Analysis October 3, 2026”
Brian ShannonPublished Oct 3 · 1 passage
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Google is trying to narrow its recent trading range, but it's still indecisive. The good news is that the 20-day moving average is rising because we're averaging this data, as is the 50-day moving average.
So, it's now in its best position ever for a potential sustained upward move, because when we see the 50-day moving average declining, we simply don't trust these attempts to rise.
Now that it's starting to rise again, if it continues this upward trend... A little bit and it stabilizes, so Google could do well over the next week or two.
What this channel has said about $GOOGL
Brian Shannon has 3 calls on this stock; only the adjacent ones are shown.
2026-10-03BullishThis one
Google is trying to narrow its recent trading range, but it's still indecisive. The good news is that the 20-day moving average is rising because we're averaging this data, as is the 50-day moving average. So, it's now in its best position ever for a potential sustained upward move, because when we see the 50-day moving average declining, we simply don't trust these attempts to rise. Now that it's starting to rise again, if it continues this upward trend... A little bit and it stabilizes, so Google could do well over the next week or two.