Bull/ Bear case for GOOGLE

• Key Resistance Levels: $175.58, $183.04, $192.81
  
• Key Support Levels: $168.66, $160.51, $151.55
  

Bull Case

• Channel Support Holding: The stock is currently testing the lower trendline of a rising channel, a potential reversal point.The stock has historical demand near $168, which could act as a base for a rebound.
  
• If GOOG holds above $168.66, a bounce toward $175.58 and $183.04 is possible.
  

Bear Case

• The stock is trading below key moving averages, showing bearish momentum.
  
• GOOG has failed to break recent highs and is forming a descending pattern, suggesting continued weakness.
  
• Break of $168.66 Could Accelerate Decline: If the stock closes below $168.66, it may drop toward $160.51, with further downside to $151.55.
  

Which Side is GOOG Leaning Toward?

• Short-Term: Slightly Bearish – The price action suggests downward momentum, but a potential bounce is possible.
  
• Medium-Term: Bearish – Lower highs and weak momentum indicate further downside risk.
  
• Long-Term: Bullish – The stock remains within a rising channel, but it needs to hold support at $168-$160.
  

Trading Strategy

• Bulls: Look for a bounce near $168.66 with a stop loss at $164.38, targeting $175–$183.
  
• Bears: Short on breakdown below $168 with a target of $160–$151.