What chart pattern is ChartPattern.io tracking on Alphabet Inc.?
ChartPattern.io is currently tracking Double Bottom on Alphabet Inc. in the Communication Services stock.
Live Communication Services stock scanner page for Alphabet Inc.. Review the double bottom setup, chart structure, and trade levels in one place.
Traders are watching Alphabet Inc. (Class C) (GOOG) as price action tightens. With a last close of $314.19, volatility remains active (-0.97%). Price action has carved out a classic Double Bottom. The trend indicator is reading 56.0/100, suggesting moderate momentum. A potential breakout level is identified at $359.98, targeting $406.45 with support near $336.75 (R:R 2.0).
GOOG is part of the Communication Services stock on ChartPattern.io. The scanner currently highlights Double Bottom as the leading setup, with an entry near $359.98, a stop around $336.75, and a target near $406.45.
Double Bottom
60/100 CP Index
Entry $359.98 · Stop $336.75 · Target $406.45
The Double Bottom is just one piece of the puzzle. See the full technical breakdown.
Reversal pattern after a downtrend.
What is your outlook on GOOG?
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ChartPattern.io is currently tracking Double Bottom on Alphabet Inc. in the Communication Services stock.
The current trade plan points to an entry near $359.98, a stop near $336.75, and a target near $406.45.
Alphabet Inc. currently leans bullish. The page is showing a CP Index of 60/100, which helps summarize the current technical setup.