Technical analysis by DEXWireNews about Symbol GOOGLX: Buy recommendation (11/11/2025)

Alphabet Inc. (NASDAQ: GOOGL) surged to new highs this week as reports surfaced that Google plans to invest approximately €5 billion ($5.8 billion) in Germany to expand its data center and infrastructure footprint. According to sources cited by Reuters, the plan includes the construction of a new data center in Dietzenbach, near Frankfurt, and the expansion of an existing facility in Hanau. Both projects reinforce Google’s growing commitment to Europe’s largest economy and its long-term push toward artificial intelligence and climate-neutral innovation. The investment marks one of Google’s most significant in Europe, aligning with its broader strategy to enhance data processing power and sustainability. A press conference is scheduled for Tuesday, where German Finance Minister Lars Klingbeil is expected to provide additional details. Analysts view this expansion as a strong signal of confidence in Europe’s digital economy and AI-driven transformation. On the technical front, Google’s stock has been on a powerful uptrend, recently reaching around $290 after breaking through long-term resistance. The bullish momentum shows little sign of slowing, with traders eyeing the key psychological level of $300 as the next major target. Volume and trend structure remain supportive, with an ascending trendline acting as a potential area of support in case of a retracement. A bounce from that region could further fuel continuation toward fresh record highs. With strong fundamentals backed by a major European investment and a bullish technical setup, Google appears poised to extend its rally. Investors will be watching whether this momentum can push GOOGL beyond $300, a move that could signal the next chapter of growth for one of the world’s leading tech giants.