Watch These Alphabet Stock Price Levels After Google Parent Joins the $3 Trillion Club
Key Takeaways
- Alphabet this week became just the fourth company to achieve a market capitalization of $3 trillion, boosted recently by a favorable legal ruling and optimism about the company’s prospects amid the AI boom
- Since breaking out from a saucer pattern in late August, Alphabet shares have trended sharply higher this month.
- The measuring principle projects bullish price targets at $261 and $286.53. Investors should also watch key support levels on Alphabet’s chart around $215 and $201.
Alphabet (GOOGL) this week became just the fourth company to achieve a market capitalization of $3 trillion, boosted by a favorable legal ruling and optimism about the company’s prospects amid the AI boom.
The tech giant joined Apple (AAPL),…
