Google Stock Elliott Wave Forecast: Mapping The Path Ahead

Alphabet is forming a corrective Elliott Wave pattern against its $379.47 peak.

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In this technical article, we’re going to take a quick look at the Elliott Wave charts of Google Stock (GOOGL).

GOOGL stock is forming a corrective pattern against the 379.47 peak. In the following analysis, we explain the Elliott Wave pattern and the market outlook.

GOOGL Elliott Wave 1-Hour Chart 07.30.2026

Google is correcting the cycle from the 379.47 peak. So far, we can count a 5-wave structure from the low, suggesting that the first leg higher is complete. At the moment, the pullback structure still appears incomplete. The 5-wave move indicates that the correction is likely forming a Zig Zag pattern (5-3-5). Therefore, we expect another leg higher (C), which should also unfold as a 5-wave structure. Current analysis suggests that wave (B) pullback ended at the 329.42 low. While above this low, wave (C) can be in progress, targeting the 356.86+ zone.

GOOGL Elliott Wave 1-Hour Chart 07.31.2026

The price held above the 329.42 low as expected, and buyers were strong enough to push the price higher. The stock is now approaching our target zone at 356.86–373.97, where we expect sellers to appear again. The key level to watch is 379.47. As long as the pivot at the 379.47 high holds, the preferred view remains intact, and we can see another leg lower once the ((X)) recovery completes.

Keep in mind the market is dynamic, and the presented view could have changed in the meantime. You can check the most recent charts in the membership area of the site. Please keep in mind that now every chart is a trading recommendation. The best instruments to trade are those having incomplete bullish or bearish swing sequences.

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