Alphabet C breaks bear flag at $334: Hourly levels

Alphabet Class C shares are experiencing persistent downward pressure, breaking through critical support levels and triggering a bear flag breakdown. The stock dropped over 2% to trade around $334.92, falling below major 20, 50, and 200-period moving averages on the 5-hour chart, well under its $340.57 short-term moving average. A bearish Marubozu candle close combined with the Ichimoku cloud acting as heavy overhead resistance confirms that sellers maintain near-term control. Technical indicators highlight critical inflection points for traders. The Relative Strength Index (RSI) has slipped to 38.69, approaching oversold territory and suggesting the potential for short-term exhaustion or a bear trap if the price reclaims $338 to $341. However, the active bear flag breakdown is estimated to be only 10% complete, indicating substantial downside risk if $334 support fails. A confirmed breakdown below the $334 support zone opens downside price targets at $324, $315, and potentially $300. Conversely, the bearish thesis is invalidated if the stock recovers above $340, with the SuperTrend resistance standing higher at $346.51.