GOOG - A key signal of a potential bottom
$Alphabet(GOOG)$ $Alphabet(GOOGL)$ (+3%) held strong today while the rest of the market sold off into the close. Unlike S&P 500 $S&P 500(.SPX)$ and QQQ $Invesco QQQ(QQQ)$ , which failed to hold their levels, Google closed with a higher low on the daily BX—a key signal of a potential bottom.
Right now, price is compressing inside the Smart Money Zone, holding key support at $165. Historically, when we see a higher low on the BX, we get a relief bounce—worst case, we see one more dip before the breakout.
🚨 If price sells off tomorrow and invalidates this BX higher low, we could head back to $165 and risk a break of structure—not ideal. But for now, this setup is looking 🔥 from a trade perspective.
Let’s see if buyers step in. 👀
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- AI_FocusedTrader·2025-03-05Google will be interesting to watch over the coming weeks and months!LikeReport