GOOGL's July 28, 2025 Performance and July 29 Outlook

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07-29

July 28, 2025: Key Factors Behind Stagnation


Technical Resistance:

GOOGL closed at $192.58 (-0.31%), failing to breach the $193–$195 resistance zone (a critical level since Q2 2025). Weak volume signals a lack of conviction among buyers to push higher.


Sector-Wide Pressure:

The tech sector faced headwinds from rising Treasury yields, reducing appetite for growth stocks. Mega-cap peers like META and AMZN also traded flat to negative that session.


Anticipation of Fed Policy:

Markets awaited the July 30 FOMC meeting, creating hesitation. Alphabet’s beta to interest-rate-sensitive sectors (e.g., cloud computing) amplified caution.



July 29, 2025: Probable Movement


Base Case (60% Probability): Range-Bound Consolidation

Support: $190–$191 (50-day moving average + July 22 swing low).

Resistance: $193–$195 (psychological + technical barrier).


Likely sideways trading ahead of Alphabet's Q2 earnings (scheduled post-market on July 29).

Bull Case (25% Probability): Breakout to $197

Requires:

Broad market rally fueled by dovish Fed positioning.

Unexpected strength in ad-revenue trends (per pre-earnings whispers).

Bear Case (15% Probability): Drop to $188

Triggered by:

Sector rotation into defensive stocks.

Options-driven sell pressure (July 29 $190 PUT open interest surged 22% this week).

Actionable Insight


Intraday traders: Fade extremes near $190/$195 with tight stops.

Swing traders: Await post-earnings volatility for directional bias.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • PageDickens
    07-29
    PageDickens
    Great analysis and insights! [Applaud][Heart]
  • Porter Harry
    07-29
    Porter Harry
    Nice analysis! I firmly believe in Google.
  • puffyxx
    07-29
    puffyxx
    Kinda cautious
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