Google stock is guaranteed to hit $400 as long as it keeps this support price, top on-chain analyst claims
On-chain analyst Ali Martinez flagged a TD Sequential buy signal on Google (GOOGL) and said his first target of $392 was met on May 27, with an ultimate TD Sequential target of $402 remaining valid provided GOOGL holds a support zone around $383. The stock briefly hit $392 on May 27, closed at $388.83, and was trading in the mid-$380s pre-market on May 28. Short-term technicals (24h/1w/1m) from TradingView and recent Wall Street notes largely show ‘Buy’ readings, supporting a bullish breakout case, but the analyst’s outlook would be invalidated if price falls below the $383 support. Overall market impact: a bullish technical setup that could fuel further buying in Google stock if the $383 support holds; a break below it would raise downside risk.