Verified Investing on $GOOGL (Oct 29, 2026)

We saw, oh my god, Google's stock plummet on the charts. One of the biggest losses it has ever experienced due to profits.

Google, as we can see here, has taken a heavy hit, down 12% after an upward gap above this parallel channel. Look at that . This parallel channel reaches here at $ 303 and $77.

Now, the good news for Google stock optimists is that the price is likely to eventually rise and attack the bottom of that parallel channel. That's likely to be near the bottom of this price move around $317, but in this earnings loop, what we'll be doing is reviewing the Fibonacci retracements on almost all of these charts.

So, first I want to show you how to draw. When I look at this Google graph, I can go all the way back. You can see that I have a parallel upward channel that was established in November 2024, and then we had low pivot points here within that channel.

Okay, that's what I'll aim for to start drawing this Fibonacci retracement tool. I will move to the lower pivot point , draw the first entry point for the Fibonacci retracement, then I will move up to the higher pivot point, to accurately identify the peak and trough on both, and what does that show us?

This shows us that the 50% area, or excuse me , the 50% retracement of this Fibonacci sequence would be at approximately $274.57. You can also see that this is consistent with this low pivot range and also with the gap filling at 273.50.

So, if we can see more declines in the coming days, look at Google’s Relative Strength Index ( RSI) of 22.32. I bet many investors, myself included, are eager to seize the opportunity to see Google's stock plummet this month.

The stock will experience a rebound. It's one of the biggest companies in the stock market, not to mention the world, guys. So , you will definitely see a rebound. There are many people who are interested in Google.

The stock will not continue to fall directly, but we clearly see the next major support level here, which is the 50% retracement level. Beyond that, let's assume we get a bounce and then the stock starts to fall back again, we might clearly see the next major support level, the 618 pullback at $242.94.

gap filling at 273.50. So, if we can see more declines in the coming days, look at Google’s Relative Strength Index (RSI) of 22.32.

I bet many investors, myself included, are eager to seize the opportunity to see Google's stock plummet this month. The stock will experience a rebound. It's one of the biggest companies in the stock market, not to mention the world, guys.

So, you will definitely see a rebound. There are many people who are interested in Google.

Investors like to reduce their positions to be cautious in case they are surprised by a large volatility of 20% in either direction, like what happens with Google at around 10%, but folks, this is a warning to all investors.

When we see such a large reaction ahead of the earnings season, it is certain that the stocks that are being held in anticipation of the earnings announcement next week or the week after will likely see profit-taking, because nobody wants to be surprised by a 10 to 20 percent fluctuation and find themselves at a loss.

This is not pleasant, but it's good for SanDisk at least for now.