Alphabet Stock: Ascending Triangle Signals Next Move

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• Strong bullish trend (Higher Highs & Higher Lows)
• After a sharp rally, price is consolidating
• Current pattern: Ascending Triangle (Bullish Continuation)
• Moving Average is acting as dynamic support

Key Levels
• Major Resistance: 345 – 350
• Next Resistance: 365 – 375
• Near Support: 320 – 318
• Structural Support: 300

Bullish Scenario

Trigger:
• Daily close above 340
• Confirmed breakout above triangle resistance

Targets:

1. 350
2. 365
3. 380

Stop Loss (Long):
• Aggressive: 318
• Conservative: 300

Bearish / Pullback Scenario

If:
• Rejection from 345
• Breakdown below triangle support

Targets:

1. 318
2. 300

Stop Loss (Short):
• Above 350

Fundamental Analysis (Brief)
• Alphabet remains one of the strongest AI-driven tech giants
• Growth drivers:
• AI & Gemini ecosystem
• Cloud expansion (Google Cloud)
• Advertising resilience
• Valuation is still reasonable vs mega-cap peers
• Long-term bias: Bullish