The 1-hour Elliott Wave Charts for Google’s stock, GOOGL, showed a rise starting from the low on October 10, 2025. This rise was structured as an impulse wave. The stock consistently made higher highs, indicating an upward trend. Members were encouraged to buy during dips at specific blue box areas in 3, 7, or 11 swings, with more potential for gains expected.
In the update from October 22, 2025, the rally from the low reached $256.96, followed by a pullback that ended at $244.15. After this, the stock hit a new high of $259.50. A wave (2) pullback then occurred between $250.42 and $246.44, where buying was recommended.
By October 27, 2025, the stock showed a positive response after a corrective zigzag in the blue box area. Investors could safely establish positions here. Following this, the stock aimed for new highs, targeting between $273.51 and $282.58, leading into a profit-taking phase and another pullback.
The technical outlook for GOOGL shows a strong upward trend. The stock has found solid support near $246 and has already broken out to new highs, confirming bullish momentum. This pattern suggests that buying on small dips is the preferred strategy for the near term.
This movement is happening in a supportive market. Inflation has cooled down over the past year. The September 2025 CPI report showed inflation at a manageable 2.5%, which lowers the chances of interest rate hikes from the Federal Reserve this quarter. This stability has encouraged investors to return to high-quality growth stocks.
Looking at company performance, this rally builds on the strong results from the cloud division seen earlier in 2025, with expectations for another positive earnings report next week. Trends from 2023 and 2024 indicate that surprises in AI integration and cloud revenue frequently helped the stock rise. A similar outcome this quarter could easily push the price toward the target zone of $273.51 to $282.58.
Traders wanting to benefit from this expected increase might consider buying call options. Specifically, contracts expiring in December 2025 or January 2026, with strike prices around $265, would provide a leveraged way to profit from the rise. This strategy aligns with the analysis that the next upward move could be significant and quick.
For a more cautious approach that fits with buying dips, selling cash-secured puts at strike prices near the recent support level of $250 is a solid option. This strategy allows for collecting premium from current market volatility. If the stock does pull back, we would be ready to buy shares at a price that has already shown to be a strong support level.
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