Google (GOOGL) Elliott Wave cycle near completion, larger three-wave pullback ahead [Video]

Google (GOOGL) has continued to achieve new all‑time highs since establishing a key low on March 31. The advance from that point is unfolding as a five‑wave impulse under Elliott Wave principles. From the March 31 low, wave (1) concluded at $342.32, followed by a corrective wave (2) that ended at $331.10. The stock then accelerated in wave (3), which subdivided into a smaller impulse, confirming the bullish momentum.

Within wave (3), the internal sequence began with wave 1 ending at $353.18. A brief dip in wave 2 followed, reaching $344.21. The rally then extended in wave 3 toward $378.79, before a modest retracement in wave 4 that settled at $365.82. The final push in wave 5 carried prices to $391.39, completing wave (3) at the higher degree. A corrective phase in wave (4) then unfolded, ending at $379.05.

The market is now advancing toward the completion of wave (5). This final leg should conclude the cycle that began on March 31. Once complete, a larger three‑wave correction is expected, allowing the stock to consolidate gains before resuming its broader uptrend. In the near term, as long as price remains above $331.10, Google retains scope for additional strength.