Chart of the Day: GOOGL ‘Wonderful Rally’

Alphabet (GOOGL) rallied 50% from its lows in April, and Kevin Horner from @CharlesSchwab examines the chart. Alphabet has recaptured its 200-day moving average and has seen medium term-range bound trading between $351 and $382. On the long-term chart, Horner says that if it can trade above the 50 and 200 DMA on Friday, it could be a bullish signal for investors on an uptrend.

Morning Movers

07 Aug 2026

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