Traders Eye $GOOGL Breakout at 138.1, Aiming for 140 Amid Meta-like Recovery Potential & GenAI Concerns

$GOOGL stock is showing relative strength, aiming to break the daily downtrend at 138.1. Traders are eyeing a move to 140 with potential for further gains. Analysts compare its potential recovery to Meta's stock rebound. The bear case for $GOOGL is debated amid concerns of a search monopoly threat from GenAI.