$GOOGLon has experienced an explosive bullish breakout on the 15-minute chart, characterized by massive green candles that completely shattered previous resistance levels. After building a solid consolidation base around the $392.72 support zone, aggressive buying volume stepped in, driving a vertical ascent to a local peak of $406.62. Currently holding steady near the highs at $405.91, the price action reflects intense momentum as buyers comfortably absorb any minor profit-taking. If the bulls can maintain this consolidation just beneath the highs, it sets up a powerful continuation pattern for an extension toward the daily high, whereas a sudden reversal would look to find support back at the breakout origin point.
First target is $406.62 which acts as the immediate local high and resistance barrier. Second target is $407.26 to challenge and breakout above the current 24h high. Third target is $392.72 for a deep retracement to the key downside support level.