Article published Aug 14, 2026. Prices below use latest available snapshots.
Editorial Note: The June 25 dip has round-tripped back to the entry trigger. GOOGL $357.18, RSI 47.2 — up from $340.85 / RSI 35.3 on 06-25, no longer oversold. Price is now sitting almost exactly on the 20-day ($357.88, −0.2%) — this is the SMA20-reclaim entry level the 06-25 note called for (~$363 at the time; the average has since drifted down to $357.88 as price recovered into it). Still +12.1% above the 200-day ($318.58) with the golden cross intact. 30D now flat (−0.16%, vs −12.3% on 06-25 — the leg down is over), 3M +11.2% (cooling from +21.4% as the sharp April rally rolls out of the trailing window), −12.6% off the 52wk high (improved from −16.6%). Posture: this is the reclaim zone — watch for a confirmed close above SMA20/SMA50 ($372.62) rather than chasing the exact touch.
2026-07-11 tape note: No contradiction — the tape is doing exactly what the 06-25 note said to wait for (oversold → reclaim of the 20-day), just at a slightly lower absolute level than the SMA20 print at the time of that note.
2026-07-17 tape note: The reclaim has slipped back. GOOGL $346.77, RSI 42.5 (down from 47.2), now -2.6% below SMA20 ($355.90) — giving back the 07-11 SMA20 touch. -6.4% below SMA50, still +7.9% above SMA200 (golden cross intact). 7D -2.91%, 30D -5.78%, 3M +2.83% (decelerating as the April rally rolls out of window). -15.13% from 52wk high (widened from -12.6%). Regime "basing," thesis flag still "intact." No new fundamentals re-researched — the dip/rotation read from 06-25 still stands; this is a re-test of the SMA20 zone rather than a fresh leg down.
2026-07-25 tape note (Friday 2026-07-24 close): The re-test has failed and the SMA200 has now been breached. GOOGL $319.74, RSI 32.8 (down from 42.5, approaching oversold) — -9.2% below SMA20 (widened from -2.6%), -12.3% below SMA50, and now -1.2% below SMA200 (a reversal from +7.9% above two weeks ago) — the first refresh in this file's recent history where price sits below the 200-day, even though the golden-cross flag (SMA50 vs SMA200) is still marked intact per the engine. 7D -7.79% (worse than -2.91%), 30D -7.4% (worse than -5.78%), 3M has flipped negative to -7.1% (from +2.83%). -22.25% from 52wk high — widened sharply from -15.13%. This is a materially deeper leg than the 06-25 dip this file was built around; the "dip-into-strength above the 200-day" framing below no longer holds on current price action and needs re-verification against fresh fundamentals before treating RSI 32.8 as a buy signal.
2026-07-28 tape note: The 200-day has been reclaimed. GOOGL $333.71 (+4.4% vs $319.74), RSI 42.1 (up from 32.8) — back above SMA200 (+2.9%, reversing the -1.2% breach flagged 07/25), though still below SMA20 (-4.8%, narrowed from -9.2%) and SMA50 (-7.8%, narrowed from -12.3%). 7D -3.87% (improved from -7.79%), 30D -5.64% (improved from -7.4%), 3M -4.58% (improved from -7.1%). -18.33% from 52wk high (narrowed from -22.25%). Golden cross intact, regime "pullback," thesis flag "intact." No new fundamentals re-researched — this reads as the SMA200 breach resolving back above the line, restoring the "dip-into-strength" framing rather than confirming a break. Per the full-scan summaries (2026-07-28 close).
Prices as of the 2026-07-31 tape. Financials from Massive, unchanged since 06-25.
2026-07-31 tape note: GOOGL $356.13 (+6.72% vs $333.71), RSI 54.1 (warmed from 42.1). 7D +11.38%, 30D -1.41% (moderated from -5.64%), 3M -7.61% (deepened from -4.58%). From the 52-week high, the gap is -12.84% (narrowed from -18.33%). Per the tape: trend "weak-down", regime "pullback", golden cross intact. No new fundamentals re-researched. Per the full-scan summaries (2026-07-31 close). 2026-08-08 tape note: GOOGL $354.30 (-0.51% vs $356.13), RSI 50.5 (cooled from 54.1). 7D -0.51% (turned negative from +11.38%), 30D -2.11% (deepened from -1.41%), 3M -11.55% (deepened from -7.61%). From the 52-week high, the gap is -11.30% (narrowed from -12.84%). Per the tape: trend "weak-down", regime "pullback", golden cross intact. No new fundamentals re-researched. Per the full-scan summaries (2026-08-07 close). 2026-08-14 tape note: GOOGL $345.90 (-2.37% vs $354.30), RSI 46.7 (cooled from 50.5). 7D -2.37% (deepened from -0.51%), 30D -6.75% (deepened from -2.11%), 3M -12.77% (deepened from -11.55%). From the 52-week high, the gap is -15.23% (widened from -11.30%). Per the tape: trend "weak-down", regime "pullback", golden cross intact. No new fundamentals re-researched. Per the full-scan summaries (2026-08-14 close).
Quick Snapshot
| Indicator | Value | Signal |
|---|---|---|
| RSI (14) | 54.1 | neutral, warmed from 42.1 |
| Trend | weak-down | Unchanged |
| Golden cross | Yes (+9.3% above SMA200) | Widened from +2.9% |
| SMA20 vs Price | +2.3% ($348.05) | Reversed to above from -4.8% |
| 3M return | -7.61% | Deepened from -4.58% |
Action Matrix
| Scenario | Level | Notes |
|---|---|---|
| Entry trigger | reclaim of SMA20 ~$351 | Price has reclaimed SMA200 — want a confirmed close back above SMA20 next, not the exact touch. |
| Aggressive add | ~$324 (SMA200) | Structural floor — price ($333.71) is now back above this level |
| Stop-loss | below SMA200 (~$324) | The trend-intact line — a sustained close below breaks the golden-cross thesis |
| Target (base) | prior 52wk high (implied by -12.8% from high) | Reclaim of the high on the AI-Search/Cloud re-rate |
Price Data (2026-08-14 tape)
| Metric | Value |
|---|---|
| Price | $345.90 |
| RSI (14) | 46.7 |
| SMA20 | $346.41 (-0.1%) |
| SMA50 | $353.89 (-2.3%) |
| SMA200 | $331.10 (+4.5%) |
| Trend | weak-down |
| Golden cross | Yes |
| Regime | pullback |
| 7D | -2.37% |
| 30D | -6.75% |
| 3M | -12.77% |
| From 52wk High | -15.23% |
Fundamentals & Catalysts (Massive, FY2025 — note 2026-08-03: Q1 2026 has since been filed — revenue $109.9B, net income $62.6B — and is not yet folded into this table)
The dip is technical/rotation, not fundamental — the income statement is accelerating:
| Quarter | Revenue | Operating income | Net income | EPS |
|---|---|---|---|---|
| 2025 Q1 | $90.23B | $30.61B | $34.54B | $2.81 |
| 2025 Q2 | $96.43B | $31.27B | $28.20B | $2.31 |
| 2025 Q3 | $102.35B | $31.23B | $34.98B | $2.87 |
| 2025 Q4 | $113.83B | $35.93B | $34.45B | $2.82 |
- Revenue accelerated every quarter of 2025 ($90B → $114B), with Q4 the biggest sequential step — the opposite of a decelerating franchise.
- Operating income expanded to $35.9B in Q4 (~31% operating margin off the cited figures) — margin holding as revenue scales.
- The structural thesis is unchanged from the 04-10 origin: best-positioned Mag7 name on AI Search + Cloud, now getting sold with the mega-cap cohort rather than for any company-specific reason.
(Massive financial-ratios endpoint is premium-gated (403) — raw statements above are the citation; valuation multiples not pulled.)
Why it's a dip, not a break
- Golden cross intact, +12.1% above the 200-day — the trend that defines "dip-into-strength" is still on.
- Oversold (RSI 35) into a rotation, not an earnings miss or guide-down — the 06-25 intake shows the crowd selling mega-cap broadly (GOOGL drew 32 mentions on the "you were early" list; 47 names hit 52wk lows the same day).
- Fundamentals accelerating (above) — this is the "quality going on sale because everyone is selling the same five stocks" case from the entry guide.
- The one watch: a global/Asia-led risk-off leg (see
memory-supercyclearmed watch) could push it to the ~$319 200-day on a flush — that's the aggressive add, not a thesis break.
Research Log
| Date | Note |
|---|---|
| 2026-04-10 | Initial deep dive: $317.49, RSI 61.6, strong-up, golden cross. Best Mag7 setup. |
| 2026-05-29 | $380.34, RSI 53, strong-up; +24.17% 3M; prior bull target $380 reached. No new fundamentals. |
| 2026-06-16 | $373.25, RSI 52.4; tight consolidation at SMA20. Structural uptrend intact. No new fundamentals. |
| 2026-06-25 | The dip materialized — $340.85, RSI 35.3, −6.2% below SMA20 but +8.9% above SMA200 (golden cross intact). Pulled Massive FY2025 financials: revenue accelerated $90B→$114B, OpInc →$35.9B — confirms quality-on-sale, not a break. Reframed Action Matrix to SMA20-reclaim (~$363) entry trigger; old $300–310 zone superseded. Tier-1 lead entry in the June 25 full scan. |
| 2026-07-11 | $357.18, RSI 47.2 (no longer oversold), essentially sitting on SMA20 ($357.88, −0.2%) — the 06-25 reclaim call is now live. +12.1% over SMA200, golden cross intact. No new fundamentals. |
| 2026-07-17 | $346.77, RSI 42.5, back below SMA20 (−2.6%) — the reclaim slipped, re-testing the zone. +7.9% over SMA200, golden cross intact. 3M cooled to +2.83%. No new fundamentals. |
| 2026-07-25 | $319.74, RSI 32.8, approaching oversold — now below SMA20 (−9.2%), SMA50 (−12.3%), and SMA200 (−1.2%) for the first time this cycle. 3M flipped negative to −7.1%. −22.25% from 52wk high (widened from −15.13%). No new fundamentals; the "dip-into-strength above the 200-day" framing needs re-verification. |
| 2026-07-28 | $333.71, RSI 42.1, weak-down — SMA200 reclaimed (+2.9%, from −1.2% below); still below SMA20 (−4.8%) and SMA50 (−7.8%), both narrowed. 3M improved to −4.58%. −18.33% from 52wk high (narrowed from −22.25%). No new fundamentals; the "dip-into-strength" framing restored, not yet confirmed with an SMA20 reclaim. |
| 2026-07-31 | GOOGL $356.13, RSI 54.1, weak-down; 7D +11.38%; 30D -1.41%; 3M -7.61%; -12.84% from 52wk high. No new fundamentals re-researched. |
| 2026-08-08 | GOOGL $354.30, RSI 50.5, weak-down; 7D -0.51%; 30D -2.11%; 3M -11.55%; -11.30% from 52wk high. No new fundamentals re-researched. |
| 2026-08-14 | GOOGL $345.90, RSI 46.7, weak-down; 7D -2.37%; 30D -6.75%; 3M -12.77%; -15.23% from 52wk high. No new fundamentals re-researched. |
Sources
- Prices/RSI: spacex-s1-supply-chain (2026-07-31 tape).
- Financials: Massive (
data/stocks/GOOGL/massive/income-statements.json), unchanged since 06-25.