GOOG is trading at overhead resistance but chart is constructive
GOOG is pressing into overhead resistance near $325. The EMAs have turned bullish, with the shorter green EMA now above the longer orange EMA, and the RSI holding above 50. If momentum stays intact and the EMAs begin to widen with positive slope, the probability of a breakout above the resistance zone increases.
Noteworthy, Cantor Fitzgerald has turned bullish on Alphabet, arguing its AI edge will support further gains. The broker upgraded the shares to overweight with a higher $370 target, noting Gemini and Google's wider AI stack remain under-appreciated. With regulatory pressure easing and revenue momentum building in search and cloud, Cantor thinks Alphabet's competitive position is strengthening despite last year's strong rally.
Russell Shor
Senior Market Strategist
Russell Shor is a Senior Market Strategist at FXCM, having been promoted to the role in 2025 in recognition of his depth of insight and consistent delivery of high-impact market analysis. He originally joined FXCM in October 2017 as a Senior Market Specialist.
Russell holds an Honours Degree in Economics from the University of South Africa, is a certified FMVA®, and a full member of the Society of Technical Analysts (UK). With over 20 years of experience in financial markets, his work is renowned for its clarity, precision, and strategic value across asset classes.


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