Brian Shannon on $GOOGL (Oct 27, 2026)
GOOGL looks technically bad, having broken a small triangle and stayed below the year-start anchored VWAP, leaving this year's buyers at a loss and institutions uninterested. It could fall near 300, about 7 percent lower, the next important level; he would buy below 300 in a weak market, though many things work against it, and cannot say if a post-earnings rise will hold.
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Okay, Google, they'll release the report tomorrow night. Is this right for today? I think it's tomorrow night. Brian, where can we place an anchor on this share? Do you want to go for the highest price?
Do we need to look from the beginning of the year to the present? I mean, it's been falling dramatically, especially in the last few days. You know, 310 is back in that area. Neil and I were talking about this.
This is a name that, if we talk about the basics, I think all of us, maybe even you, I do n't want to put words in your mouth, but we understand that Google is not going anywhere.
You know, the fundamentals behind this name are still pretty strong with everything like Brian, the YouTube business, and Waymo. Where exactly can we place a marker or mark in Google's case before the earnings report?
We're not getting into this before the earnings report. We have talked about this several times. Maybe I can get Brian back on screen. Um, where exactly are you thinking about Google because in my case, I want to buy more.
I'm not saying you should take more right now. I want to see what happens after the earnings report. However, is there any level after the earnings report that we can look out for?
Maybe a deep buy or a place to buy at a low price? Are we at the bottom of everything? Is this an area where hands should not be touched? What's happening for Google now?
Actually, it looks pretty bad. It has broken the small triangle with a downward high and an upward low. It broke down and has been stuck under anchor since the beginning of the year.
That is the orange line. So, once that happens, it means that on average, everyone who bought shares this year is at a loss. Clearly it is not on the wish list of institutional investors now.
If we look at the low of last year's 2025 price and use our handoff strategy, it can be seen that it could fall near 300, which could be the next important level. So, um, you know, it's less than whatever.
About 7 percent. So, if it drops below 300, I think that would be a good level for you to buy in a weak market, but there are a lot of things working against it right now. I would say, if it continues to rise based on earnings reports, it will be interesting to see if it can sustain or if it hits a hurdle and then falls back down.
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Brian Shannon has 5 calls on this stock; only the adjacent ones are shown.