2026-02-05
Market Status: GOOG showing extreme volatility with a massive gap-down on Feb 5th (opened at $313.20 from $334.59 prior close). Currently recovering but trading below recent highs. All EMAs remain bullish (price above EMA9/50/200).
Technical Indicators: RSI neutral at 48.24, MACD histogram turning negative suggesting weakening momentum. The recovery from $306.92 low shows buying interest but lacks conviction.
Key Levels: Strong support at $306-310 (Feb 5 low), resistance at $344-350 (Feb 3-4 highs).
Prediction: Tomorrow likely consolidation or slight red candle as price digests the gap. Weekly close uncertain given the extreme volatility - expecting choppy action around $330-335 range.
Trend: 🐻 SIDEWAYS
Candlestick Pattern: Hammer/Bullish Reversal (Feb 5: Long lower wick from $306.92 to $331.33 close after gap-down open at $313.20, showing strong rejection of lower prices)
Support: 🟢 306.92 (Feb 5 intraday low - strong buying emerged here)
Resistance: 🔴 344.25 (Feb 4 high - recent resistance before selloff)
CALLBUY GOOG @ 335
Expiration: Feb 19, 2026 · 14 days out