Eseandre Mordi
⬤ Alphabet (NASDAQ: GOOGL) is catching fresh attention after Berkshire Hathaway reportedly scooped up more than 17.8 million shares this week. The buying comes while retail traders are pulling back on fears of an "AI bubble," even as major institutions quietly boost their positions. GOOGL is currently trading near $276, down from recent highs and edging closer to a technical gap-fill zone around $260.
⬤ The stock has slipped through short-term moving averages but remains above longer-term trend lines. The $260 level marks key support where buyers are expected to step in. Technical projections suggest a potential bounce from this zone could push GOOGL back toward $300, with a broader move into the $330–$350 range emerging as a possible 2025 target. The current pullback is being framed as a dip opportunity by some market watchers.
⬤ The gap between retail selling and institutional buying has become a hot topic. Smaller investors appear spooked by short-term AI volatility, while heavyweights like Warren Buffett are reportedly buying into the weakness. Despite the recent drop, GOOGL has maintained a solid uptrend since late summer. Support levels around $273, $271, and the deeper $260 zone outline the technical framework traders are watching.
⬤ The divergence in behavior between retail and institutional players is shaping momentum during this pullback. With GOOGL holding its long-term trend, clearly defined support zones, and fresh institutional interest, market participants are weighing how these factors will influence the stock's near-term path as sentiment shifts.
Eseandre Mordi
