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Alphabet (GOOGL) is a huge tech company best known for its search engine, but it also makes things like Android, YouTube, Gmail, and cloud services. Google is pushing hard into AI and cloud computing. They’re rebuilding search with AI, making stronger chips, and growing Google Cloud fast. They’re also investing in long-term tech like self-driving cars and quantum computing.

We talked about a bullish impulse on Google back on September 19, when it was barely at the 250 area, and we mentioned and highlighted that there's space for more gains due to an unfinished five-wave cycle. 

As you can see today, Google has nicely extended into the 300 area, and it may not be over yet; just be aware of a new correction before the bullish trend may resume.
 

Google is in a very strong uptrend as expected, but we can now count five waves up within the black wave three cycle from around 160. Ideally, the next pullback would be wave four, stabilizing near the previous fourth-wave area around 292–271. And once or if we see that kind of correction, that's when new buying opportunities could appear, but for now, it’s better to stay cautious since we may already be in the later stages of this cycle.

Highlights:

• Trend: Strong uptrend, but nearing late stages of wave three
• Potential: Pullback in wave four before continuation higher
• Support: 292–271 zone
• Invalidation: Below 200

Note: watch for a correction before new long setups

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