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.
Market participants tracking Alphabet Inc. (Class A) should note the latest formation. With a last close of $316.8, volatility remains active (-1.06%). Our AI has detected a valid Double Bottom pattern. The trend indicator is reading 53.4/100, suggesting moderate momentum. A potential breakout level is identified at $364.17, targeting $411.74 with support near $340.39 (R:R 2.0).
GOOGL is part of the Communication Services stock on ChartPattern.io. The scanner currently highlights Double Bottom as the leading setup, with an entry near $364.17, a stop around $340.39, and a target near $411.74.
Double Bottom
57/100 CP Index
Entry $364.17 · Stop $340.39 · Target $411.74
Traders are watching this Double Bottom on GOOGL. Inspect the chart now.
Reversal pattern after a downtrend.
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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 $364.17, a stop near $340.39, and a target near $411.74.
Alphabet Inc. currently leans neutral. The page is showing a CP Index of 57/100, which helps summarize the current technical setup.