$GOOGL shares have recently experienced a downturn, with analysts noting a potential landing spot around the $163 mark. The stock has dropped below its 200-day moving average, indicating a bearish trend. Some traders suggest that the stock could pull back to the $170 level, where it has seen support in the past. A notable trading activity includes the sale of 1,100 March 2026 $150 puts at $9.66, which suggests that traders are speculating on further declines. The stock is currently hovering around $168, approaching key technical levels that may signal a bottoming out for Alphabet Inc.'s shares.