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Technical analysis by MarketIntel about Symbol GOOGLX on 8/20/2025

https://sahmeto.com/message/3728113
MarketIntel
MarketIntel
Rank: 26
4.1
،Technical،MarketIntel

Google has faced continued upward pressure, moving closer to the key resistance at $209.28. Turquoise wave 2 should reach its peak below this level – and indeed, recent bearish signals could suggest the top may already be in. Once wave 2 is confirmed complete, we anticipate a sharp sell-off below support at $138.35 in wave 3. However, if bullish momentum persists and price breaks above the $209.28 resistance, we will expect a new corrective high for magenta wave alt.(B) , which would temporarily delay the anticipated decline (probability: 30%).

Translated from: English
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Signal Type: Neutral
Time Frame:
4 hours
Profit Target:
$138
Price at Publish Time:
$199.31
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