Alphabet Stock Holds $170 Support With Bullish Signals From 20 EMA (Technical Analysis)

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Summary

  • GOOGL is consolidating near $176 with technical indicators pointing to a potential breakout above $177.4.
  • The 20 EMA aligns with the $175 support level, reinforcing the consolidation zone and suggesting structural strength.
  • The 4-hour RSI near 56 remains in bullish territory, supporting the case for continued upward movement.

glowing graph 2

Jonathan Kitchen

By Sholanke Dele

Alphabet Inc. (NASDAQ:GOOGL, NASDAQ:GOOG) stock price has continued to maintain its broader uptrend within a defined bullish channel that began in April.

The recent price action shows the stock trading above the midpoint of

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