Hello readers, and welcome back to Apple Tree 360 — where we decode the markets and simplify the noise.
Today, we’re turning our lens to Google (GOOGL) as it stands at a crucial technical juncture. Whether you’re a swing trader or a long-term investor, the setup on both the daily and weekly charts deserves a close look. Let’s dive right in.
🕵️‍♂️ Daily Chart: Downside Pressure Persists
Looking at the daily chart, Google continues to show signs of weakness. Last Thursday’s price action was a red flag — closing lower than the previous session and reinforcing the short-term downtrend.
Over the past several sessions, the price has formed a clear pattern of lower highs and lower lows — a trend that’s weighed heavily on major tech names across the board. Google is no exception.
“We’re in a wait-and-watch zone. No bullish confirmation yet.”
The critical price to watch is $160. That level may act as a potential breakout zone. A sustained move above this level — ideally backed by volume — could suggest a shift in momentum. But until then, there’s no confirmed trade to the upside.
đź“… Weekly Chart: Testing a Key Support Zone
Now zooming out to the weekly chart, we’re seeing Google sitting on a major support level. After a substantial correction, price action suggests a make-or-break moment.
Should we see stabilization here, this could mark a bottoming zone — possibly leading to sideways consolidation before any meaningful recovery.
However, any negative news, especially related to global tariffs or tech regulation, could push the stock further down — adding more fuel to the bearish case.
🔍 What to Watch Next Week
Next week’s headlines could play a crucial role in shaping price direction:
- Tariff negotiations with China
- Tech regulation developments
- Market-wide risk sentiment (especially from earnings season)
Until Google confidently breaks above the $160 resistance level, we remain in a zone of caution. Keep your eyes on volume and momentum shifts for any early signals.
đź“Ś Final Thoughts
This is a classic “no-trade zone” scenario — best approached with patience and discipline. Technicals aren’t offering a green light just yet. But once we get a breakout or breakdown, expect some decisive movement in the days to follow.
Thanks for stopping by! If you enjoyed this breakdown, check out more updates on our YouTube Channel and bookmark AppleTree360.com for regular market insights.
💬 Stay tuned, stay sharp — and trade safe.
Until next time,
AppleTree360 🍎
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