Insights 
VT 
The 1-hour Elliott Wave Charts of Google’s stock, GOOGL, displayed a rally from the 10 October 2025 low, unfolding as an impulse structure. The stock showed a higher high sequence, suggesting an upward trend. Members were advised to buy dips in 3, 7, or 11 swings at blue box areas, with further potential upside expected.
In the update from 10.22.2025, the cycle from 10 October low ended at $256.96. The stock then pulled back, ending a flat correction at $244.15. It reached a new high at $259.50. A subsequent wave (2) pullback occurred in the range $250.42-$246.44, where buying was encouraged.
By 10.27.2025, the stock responded positively post-zigzag correction in the blue box area. Investors could establish risk-free positions after taking a long position there. The stock then achieved a new high, targeting $273.51-$282.58, before the anticipated profit-taking phase and another pullback ensues.
The technical picture for GOOGL suggests a clear upward trend is now in motion. We have seen the stock find solid support around the $246 mark and break out to new highs, confirming bullish momentum. This pattern indicates that buying on any small dips remains the preferred strategy for the near future.
This move is happening in a supportive market environment, as we’ve seen inflation cool over the past year. The September 2025 CPI report showed inflation holding near a manageable 2.5%, reducing the likelihood of any further interest rate hikes from the Federal Reserve this quarter. This stability is encouraging investors to move back into high-quality growth stocks.
Looking at company specifics, this rally is building on the strong cloud division performance reported earlier in 2025 and is likely anticipating another positive earnings report next week. If we look back at the trends from 2023 and 2024, positive surprises in AI integration and cloud revenue consistently propelled the stock higher. A similar outcome this quarter could easily push the price toward the initial target zone of $273.51-$282.58.
Traders looking for direct exposure to this expected rise should consider buying call options. Specifically, contracts with expiration dates in December 2025 or January 2026 and strike prices around $265 would offer a leveraged way to profit from the move. This approach aligns with the analysis that the next leg up could be significant and swift.
For a more conservative strategy that aligns with buying the dips, selling cash-secured puts with strike prices near the recent support level of $250 is an attractive option. This allows us to collect premium from the current market volatility. If the stock does pull back, we would be positioned to acquire shares at a price that has already proven to be a strong floor.
