Alphabet Inc.'s stock (ticker: GOOGL) has recently surpassed the $200 mark, marking a notable breakout from previous resistance levels around $197.95 and $198. This upward momentum followed a period of consolidation and was closely monitored by traders and trading communities. The stock has maintained a solid bullish trend since February, successfully filling a gap from that month. Market participants are targeting further gains, with some setting price targets around $205 to $207 and stop-loss levels near $200.50. This movement in GOOGL shares coincides with broader market strength, including the S&P 500 reaching new all-time highs near 6,450 points. Other tech stocks such as Tesla (TSLA), Nvidia (NVDA), and Meta Platforms (META) are also noted for their market activity, with NVDA showing a complex setup and META targeting an $800 price level.
$SPX NEW ALL TIME HIGH - 6450 target above $GOOGL holding 200 $NVDA failed breakdown of pm lows active, sneakier setup but if the market holds can be a strong entry for the ath breakout $META setup for 800 Market is trending until its not... wait for 6400 for downside to set
$GOOGL $GGLL Moving higher today out of the old gap fill area from Feb https://t.co/1qsoKbN88o
$GOOGL strong break higher, saw its call wall resistance shift up to 205 as well... taking profits on my call spreads that doubled now just from last weeks dip..