Elliott Wave Outlook: Google (GOOGL) Anticipating a Larger‑Degree Pullback Toward $300

Elliottwave_Forecast

Since forming the all‑time high at $408.61 in May 2026, Google (GOOGL) has begun a larger‑degree correction. The broader extreme area for this cycle sits at $288–$306, and the current decline continues to track toward that region. Short term, the cycle from the September 22, 2026 high remains in progress as a clear impulsive structure. Within this sequence, wave (1) ended at $336.02, and the subsequent rally in wave (2) ended at $359.16.

The stock then turned lower in wave (3), which shows internal subdivision consistent with a five‑wave impulse. Down from wave (2), wave 1 ended at $340.61, and the rally in wave 2 ended at $352.15. The decline resumed in wave 3 with an impulsive profile that reinforces the broader corrective theme. Down from wave 2, wave ((i)) ended at $338.75, and the rally in wave ((ii)) ended at $346.58. The structure suggests that wave ((iii)) of 3 should extend lower and maintain the dominant bearish momentum.

Near term, the pivot at $359.16 remains the key level. As long as this pivot stays intact, any rally should fail in three or seven swings and lead to further downside. This view aligns with the larger‑degree correction already underway and supports the expectation for continued weakness toward the extreme area.

Google (GOOGL) 30 Minute Elliott Wave Chart

GOOGL Elliott Wave Video

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.

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The broader extreme area for this cycle sits at $288–$306, and the current decline continues to track toward that region. Short term, the cycle from the September 22, 2026 high remains in progress as a clear impulsive structure. Within this sequence, wave (1) ended at $336.02, and the subsequent rally in wave (2) ended at $359.16.</p>\n<p>The stock then turned lower in wave (3), which shows internal subdivision consistent with a five‑wave impulse. Down from wave (2), wave 1 ended at $340.61, and the rally in wave 2 ended at $352.15. The decline resumed in wave 3 with an impulsive profile that reinforces the broader corrective theme. Down from wave 2, wave ((i)) ended at $338.75, and the rally in wave ((ii)) ended at $346.58. The structure suggests that wave ((iii)) of 3 should extend lower and maintain the dominant bearish momentum.</p>\n<p>Near term, the pivot at $359.16 remains the key level. As long as this pivot stays intact, any rally should fail in three or seven swings and lead to further downside. This view aligns with the larger‑degree correction already underway and supports the expectation for continued weakness toward the extreme area.</p>\n<h2>Google (GOOGL) 30 Minute Elliott Wave Chart</h2>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/9eaf088771206d07b1b70b7837839e0a\" tg-width=\"1912\" tg-height=\"979\"></p>\n<h2>GOOGL Elliott Wave Video</h2></body></html>","htmlText":"<html><head></head><body><p>Since forming the all‑time high at $408.61 in May 2026, Google (GOOGL) has begun a larger‑degree correction. The broader extreme area for this cycle sits at $288–$306, and the current decline continues to track toward that region. Short term, the cycle from the September 22, 2026 high remains in progress as a clear impulsive structure. Within this sequence, wave (1) ended at $336.02, and the subsequent rally in wave (2) ended at $359.16.</p>\n<p>The stock then turned lower in wave (3), which shows internal subdivision consistent with a five‑wave impulse. Down from wave (2), wave 1 ended at $340.61, and the rally in wave 2 ended at $352.15. The decline resumed in wave 3 with an impulsive profile that reinforces the broader corrective theme. Down from wave 2, wave ((i)) ended at $338.75, and the rally in wave ((ii)) ended at $346.58. The structure suggests that wave ((iii)) of 3 should extend lower and maintain the dominant bearish momentum.</p>\n<p>Near term, the pivot at $359.16 remains the key level. As long as this pivot stays intact, any rally should fail in three or seven swings and lead to further downside. This view aligns with the larger‑degree correction already underway and supports the expectation for continued weakness toward the extreme area.</p>\n<h2>Google (GOOGL) 30 Minute Elliott Wave Chart</h2>\n<p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/9eaf088771206d07b1b70b7837839e0a\" tg-width=\"1912\" tg-height=\"979\"></p>\n<h2>GOOGL Elliott Wave Video</h2></body></html>","text":"Since forming the all‑time high at $408.61 in May 2026, Google (GOOGL) has begun a larger‑degree correction. The broader extreme area for this cycle sits at $288–$306, and the current decline continues to track toward that region. Short term, the cycle from the September 22, 2026 high remains in progress as a clear impulsive structure. Within this sequence, wave (1) ended at $336.02, and the subsequent rally in wave (2) ended at $359.16. The stock then turned lower in wave (3), which shows internal subdivision consistent with a five‑wave impulse. Down from wave (2), wave 1 ended at $340.61, and the rally in wave 2 ended at $352.15. The decline resumed in wave 3 with an impulsive profile that reinforces the broader corrective theme. Down from wave 2, wave ((i)) ended at $338.75, and the rally in wave ((ii)) ended at $346.58. The structure suggests that wave ((iii)) of 3 should extend lower and maintain the dominant bearish momentum. Near term, the pivot at $359.16 remains the key level. As long as this pivot stays intact, any rally should fail in three or seven swings and lead to further downside. This view aligns with the larger‑degree correction already underway and supports the expectation for continued weakness toward the extreme area. 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