$Alphabet(GOOGL)$ $Alphabet(GOOG)$ ⚡🚀🎯Alphabet’s Double Bottom Breakout🎯🚀⚡
$GOOGL just printed a textbook double bottom at $162.20, igniting fresh buyer energy. The line in the sand is now $166, hold that and the technical roadmap points to $169.90 first, then $172.10.
🚨Why it matters
Cloud is sprinting at a US$50 B run rate, worth roughly US$750 B on a plain 15 × sales lens. YouTube combines about US$60 B in ads and Premium, even a modest 10 × multiple prices it near US$600 B. Those two pillars alone cover most of Alphabet’s US$1.88 T cap, leaving Search, Display, Hardware, DeepMind and Waymo practically on clearance.
🔥Technicals meet fundamentals
The double bottom confirms demand right where value investors see mis-pricing. Momentum indicators have curled up, volume is rising into strength and option flow shows calls clustering above US$170. Chart and valuation finally rhyme.
🎯Trade view
Maintain the bullish bias while price holds above US$166. A decisive close over US$169.90 opens the door to US$172.10, then prior highs come into play. Close below US$166 and the setup cools off, reassess at US$162.20 support.
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looking forward to that 🚀📈👀🎉