TTM Squeeze Alert: GOOG Primed for Big Move at $314.96

Alphabet Inc (GOOG) closed down 0.23% at $314.96 on December 27.

Technical indicators paint a bullish picture:

• Moving Averages: Price trades above the 9-day EMA ($312.17) with a bullish stack. The 21-day EMA at $309.23 provides support.
• Momentum: RSI at 61.8 is in neutral territory but trending higher. MACD is bearish (4.92 vs signal 6.33).
• Volatility: Stock has been in a TTM Squeeze for 6 days, indicating compressed volatility and potential for a significant move.

While the trend remains bullish, weakening MACD warrants caution for new entries at current levels.

Key levels to watch: Support at $301.84, Resistance at $325.65.