Alphabet Inc. (GOOGL) has shown notable trading activity recently, with several investors expressing confidence in the stock's performance. As of August 15, 2024, GOOGL was observed to be adding on dips, with some traders indicating a bullish sentiment by holding positions for the upcoming week. On August 16, the stock demonstrated relative strength alongside other tech giants like Tesla (TSLA), Nvidia (NVDA), and AMD. Analysts noted that GOOGL is currently positioned near its year-to-date volume-weighted average price (VWAP) and has tested support levels at $157.75. There is speculation that the stock could rebound to the $170 range next week, despite potential concerns regarding ongoing Department of Justice (DoJ) news that may impact investor sentiment. Overall, the stock's technical performance has been described as nearly perfect, with a healthy pullback observed at key moving averages.