GOOGL Technical Crash Prediction May
GOOGL stock could crash by more than 40% in the coming months due to technical indicators.
Too little corroboration in the last 3 days to call a trend (4 articles). Watching for it to gain traction.
Still mostly niche and specialist coverage — not yet picked up broadly by mainstream press.
"On the other hand, expectations remain high due to the recent huge growth in GOOGL stock. Therefore, a lack of a 'wow factor' from the event could put shares under pressure."
"Regarding the stock price outlook, insights from TradingShot, shared in a TradingView post on May 4, suggested the GOOGL shares could crash by more than 40% in the coming months."
"TradingShot noted that the current monthly relative strength index resembles the topping pattern seen in November 2021 before Google stock lost nearly 45% of its value."
"A monthly close below the 50-week moving average would strengthen the bearish outlook and signal the start of another major downtrend."