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The post Alphabet Inc. $GOOGL blue box area offers a buying opportunity appeared on BitcoinEthereumNews.com. In today’s article, we’ll examine the recent performance of Alphabet Inc. ($GOOGL) through the lens of Elliott Wave Theory. We’ll review how the rally from the June 2025 low unfolded as a 5-wave impulse followed by a 7-swing correction (WXY) and discuss our forecast for the next move. Let’s dive into the structure and expectations for this stock. 5 Wave Impulse + 7 Swing WXY correction. $GOOGL 4H Elliott Wave chart 10.09.2025 In the 4-hour Elliott Wave count from October 09, 2025, we saw that $GOOGL completed a 5-wave impulsive cycle at red III. As expected, this initial wave prompted a pullback. We anticipated this pullback to unfold in 7 swings, likely finding buyers in the equal legs area between $234.29 and $223.58. This setup aligns with a typical Elliott Wave correction pattern (WXY), in which the market pauses briefly before resuming its primary trend. Conclusion In conclusion, our Elliott Wave analysis of Alphabet Inc. ($GOOGL) suggests that it remains supported against June 2025 lows. As a result, traders should buy the dips and monitor the $260 – 270 zone as the next potential target. In the meantime, keep an eye out for any corrective pullbacks that may offer entry opportunities. By applying Elliott Wave Theory, traders can better anticipate the structure of upcoming moves and enhance risk management in volatile markets. Source: https://www.fxstreet.com/news/alphabet-inc-googl-blue-box-area-offers-a-buying-opportunity-202510151238The post Alphabet Inc. $GOOGL blue box area offers a buying opportunity appeared on BitcoinEthereumNews.com. In today’s article, we’ll examine the recent performance of Alphabet Inc. ($GOOGL) through the lens of Elliott Wave Theory. We’ll review how the rally from the June 2025 low unfolded as a 5-wave impulse followed by a 7-swing correction (WXY) and discuss our forecast for the next move. Let’s dive into the structure and expectations for this stock. 5 Wave Impulse + 7 Swing WXY correction. $GOOGL 4H Elliott Wave chart 10.09.2025 In the 4-hour Elliott Wave count from October 09, 2025, we saw that $GOOGL completed a 5-wave impulsive cycle at red III. As expected, this initial wave prompted a pullback. We anticipated this pullback to unfold in 7 swings, likely finding buyers in the equal legs area between $234.29 and $223.58. This setup aligns with a typical Elliott Wave correction pattern (WXY), in which the market pauses briefly before resuming its primary trend. Conclusion In conclusion, our Elliott Wave analysis of Alphabet Inc. ($GOOGL) suggests that it remains supported against June 2025 lows. As a result, traders should buy the dips and monitor the $260 – 270 zone as the next potential target. In the meantime, keep an eye out for any corrective pullbacks that may offer entry opportunities. By applying Elliott Wave Theory, traders can better anticipate the structure of upcoming moves and enhance risk management in volatile markets. Source: https://www.fxstreet.com/news/alphabet-inc-googl-blue-box-area-offers-a-buying-opportunity-202510151238

Alphabet Inc. $GOOGL blue box area offers a buying opportunity

Author: BitcoinEthereumNews
Source: BitcoinEthereumNews
2025/10/16 01:16
2 min read
BLUE
BLUE$0.01834+2.86%
AREA
AREA$0.011-5.17%
LL
LL$0.003412-0.11%
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

In today’s article, we’ll examine the recent performance of Alphabet Inc. ($GOOGL) through the lens of Elliott Wave Theory. We’ll review how the rally from the June 2025 low unfolded as a 5-wave impulse followed by a 7-swing correction (WXY) and discuss our forecast for the next move. Let’s dive into the structure and expectations for this stock.

5 Wave Impulse + 7 Swing WXY correction.

$GOOGL 4H Elliott Wave chart 10.09.2025

In the 4-hour Elliott Wave count from October 09, 2025, we saw that $GOOGL completed a 5-wave impulsive cycle at red III. As expected, this initial wave prompted a pullback. We anticipated this pullback to unfold in 7 swings, likely finding buyers in the equal legs area between $234.29 and $223.58.

This setup aligns with a typical Elliott Wave correction pattern (WXY), in which the market pauses briefly before resuming its primary trend.

Conclusion

In conclusion, our Elliott Wave analysis of Alphabet Inc. ($GOOGL) suggests that it remains supported against June 2025 lows. As a result, traders should buy the dips and monitor the $260 – 270 zone as the next potential target. In the meantime, keep an eye out for any corrective pullbacks that may offer entry opportunities. By applying Elliott Wave Theory, traders can better anticipate the structure of upcoming moves and enhance risk management in volatile markets.

Source: https://www.fxstreet.com/news/alphabet-inc-googl-blue-box-area-offers-a-buying-opportunity-202510151238

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