If you’re a long-term investor wondering whether it’s time to buy Google (Alphabet) stock, the monthly chart may be sending a strong signal: the bottom might be in.
We’ve been tracking Google’s price action closely, and recent chart patterns are offering clues that now could be a smart time to start accumulating shares—especially if you’re investing with a 6–12 month horizon in mind.
What the Chart Is Telling Us
We’re analyzing the monthly chart, where each bar represents one full month of trading. A key pattern to watch for in long-term investing is a bullish reversal candle with high volume—a signal that selling pressure has eased and buyers are stepping in.
Back in early 2023, Google printed a classic hammer candle—a bullish reversal pattern with a long tail and solid body—on higher volume than the prior month. That suggested sellers had likely exhausted their strength, and institutions were beginning to buy the dip. Over the next year, those who accumulated shares around that time saw returns of 70–80%. That’s the power of patiently following long-term setups.
Fast Forward to Now: Another Opportunity?
Recently, Google has gone through another sharp correction—dropping roughly 32% over a three-month stretch. But in April, the monthly chart printed another bullish bar, this time with volume jumping to 840 million shares, compared to 630–730 million on the preceding red candles. That volume surge is a strong sign that institutions may once again be accumulating after a deep correction.
The takeaway? The probability of Google falling significantly below recent lows around $140 appears slim—barring any major unforeseen events. Plus, broader market conditions are stabilizing, with reduced tensions around U.S.–China tariffs and a potential restructuring of Google into multiple business units—both of which could unlock more value for shareholders.
Ideal Entry Zone and Long-Term Targets
If you’re thinking about getting in, any price under $170 looks like a good accumulation zone over the next 1–2 months. Here’s what the potential upside looks like based on Fibonacci retracement levels:
- Target 1: $205–210 – A 25% upside from current levels
- Target 2: $250 – A 50% gain based on the 1.618 extension
- Target 3: $315 – A 90% upside if long-term momentum continues based on 2.618 extension
These targets could play out over the next 6–18 months or longer, depending on broader market trends and company-specific developments.
Final Thoughts
Whether you’re a long-term investor or a positional trader, this could be a high-reward, low-risk opportunity to start building a position in Google. Timing the bottom perfectly is never guaranteed, but the signals from volume, price structure, and market sentiment are all pointing toward strength after the sell-off.
We’ll continue to share updates as the chart evolves. For more insights and weekly analysis, visit appletree360.com and check out the latest videos on our YouTube channel.
Happy investing.
