Verified Investing on $GOOGL (Oct 30, 2026)
GOOGL has fallen 13% and hit a new low after earnings; with the RSI oversold, it may hold for a few days depending on the market and oil. It needs to reclaim 291.59 resistance; 274.57 is support, with 273.50/272 below, and a break lower could reach 257-258.
Jump to any passage
Next is Google. Google's stock continues to sell off a little more today, but I'll talk about yesterday's move. They also announced their earnings this week, and they declined.
They have collapsed by 13 %, and today they hit a new low, but they are now trying to bounce back with the overall market.
So once again, let's talk about resistance. Regarding resistance now in Google's upward trend , we will have to break through the 291.59 level. This is the broad red candle here, and as we see the price respecting this level, this will be the first major level that Google has to reclaim.
Okay, as for the resistance. In addition to yesterday's high here at 288. On the downside, and given that Google has hit a new low and the Relative Strength Index is still in oversold territory, we may stay here for a few days until next week.
It depends on the overall market performance, and if oil continues to rise, it will hit stocks and keep them under pressure.
Now, we are looking for support. If we zoom out again, we are approaching a key support level at the 0.5 Fibonacci retracement. It is at 274.57. Good? Now, this is from a high of 408.61 to a low of 140.53.
If you connect these two levels together, this is the level you get, and we see that the price respects this level.
However, if we go further down, in addition to the green 0.5 Fibonacci level , we have a red filling gap here at the bottom, and that low pivot is at 273.50, and the 272 level is the pivot there, which is double-factor support for Google if it continues to fall.
Good. If it continues to break below this support level, we could still head down to the 382 level, where I am looking at this trend line following the price action. This is a clear trend line here since July 11, 2024, the price rejects and rejects, then the price goes down.
We are pushing upwards and jumping over this trend line , bouncing off it as support, and we haven't touched this trend line since September 3, 2025. Coming from a sharp move, if this level doesn't hold, I'm looking at this level here around 257 to 258 on Google.
What this channel has said about $GOOGL
Verified Investing has 8 calls on this stock; only the adjacent ones are shown.