The market has been mixed to start the year, as we’re seeing more of a two-sided trade, without a clear trend to emerge.

But that’s exactly when individual stock setups become even more important – and GOOGL is giving us a textbook technical pattern right now.

What caught my eye?

The S.A.M. AI Scanner just flagged a perfect combination of factors that often precede explosive moves: a fresh daily squeeze forming with beautifully stacked EMAs, all while the stock is showing strength near its 52-week highs of $201.42.

The Technical Picture

Squeeze Setup

The S.A.M. AI Scanner just identified what we call a “squeeze” – a powerful technical pattern where price action becomes extremely compressed, like a spring coiling up before a big move.

With GOOGL consolidating at $193.95, just 3.8% below its 52-week high of $201.42, this compression is exactly what we want to see.

Think of it like this: when a stock gets really quiet and starts trading in a tight range near its highs, it’s often because big institutional players are quietly building positions before the next move higher.

The squeeze forms when two key technical indicators (Bollinger Bands and Keltner Channels) compress together, signaling that a stock is storing up energy for its next move.

When these squeezes release, especially near previous highs like we’re seeing now, the moves can be explosive – which is why this setup has my full attention.

This gives us a clear level to trade against, with the potential for a significant move if we break above $201.42.

EMA Stack Analysis

• Perfect daily EMA alignment (8, 21, 34, 55)
• Weekly chart confirming the broader uptrend
• Price finding support at key EMA levels
• Higher lows forming across multiple timeframes

When we see EMAs stacked in this order with shorter-term moving averages above longer-term ones, it’s one of the strongest bullish signals in technical analysis.

This “bullish ladder” formation tells us that both short-term momentum and longer-term trend are aligned to the upside, often preceding significant moves higher.

This kind of technical structure is exactly what I look for before significant moves.

Company Outlook

While I’m primarily focused on technicals, it’s worth noting that Google continues to dominate the search market and is making significant strides in AI with Gemini 2.0.

Your Action Plan

I don’t currently have a position in GOOGL, but I may look to play calls if we see relative strength in the QQQ.

The setup is there – we just need the right market conditions to align with our technical trigger.

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