Alphabet (GOOG) Targets $190 After Strong Rebound From Channel Support

Alphabet (GOOG) at $178.38 following a strong rebound off the mid-channel support level near $166.

Price remains within a clear ascending channel, targeting the upper boundary around $190.

The breakout above $174.00 resistance was supported by bullish candle pattern and high volume.

Alphabet Inc. (GOOG) has registered a distinct higher move, up to $178.38 as of June 30, 2025. The stock has rebounded strongly from mid-channel support, aligning with a clearly defined ascending channel structure visible on the 4-hour chart. forecasts a short-term target of around 190. The new candle validates a fresh rally, as the market movement tips up strongly past the $174.00 level.

Alphabet Maintains Channel Structure Amid Sharp Recovery

Throughout the observed time frame, Alphabet’s stock has consistently respected a multi-month upward-sloping channel. Each pullback since April has found support near the lower trendline, followed by rallies toward the upper boundary. This structure remains intact, with the most recent decline finding support just below $166.00.

The bounce from that level pushed GOOG sharply higher, recovering lost ground in fewer sessions than it took to decline. The price currently trades above the mid-channel, a zone that has previously acted as both resistance and support. This reinforces the idea of structured movement within the channel, with the next key zone now positioned at the $190.00 upper trendline.

Breakout Above $174 Fueled by Volume Surge and Bullish Reversal Pattern

The sharp upward candle that breached $174.00 resistance formed on a spike in bullish volume. Notably, the breakout occurred without hesitation, suggesting limited supply at that level. This follows a clear bullish engulfing pattern earlier in the sequence, which reversed the prior three-session decline.

The strong recovery above the median line supports continued upward pressure. Past interactions with this line show that holding above it often leads to advances toward the top boundary. Current price behavior suggests a similar move could unfold unless the structure is invalidated.

Alphabet Eyes $190 as Price Tracks Within Ascending Channel

As the price approaches $178.38, historical resistance levels offer limited interference before the $190.00 zone. That area also coincides with the upper boundary of the ascending channel, adding technical relevance. With price holding above previous resistance and continuing to trade within the structure, the $190 mark stands as the next key technical target.

Alphabet has moved from a recent low near $166 to this level in a few sessions. Should momentum persist, the channel structure will remain a guiding framework for price action in the sessions ahead.