GOOG Pattern Shows Opportunity

Posted by Wendy Kirkland | Mar 31, 2026 | Wendy's Daily Profit Play | 0 |

Alphabet (GOOG) is showing clear signs of a trend shift after an extended uptrend, with price now breaking below both the 20 and 50-day EMAs and establishing a pattern of lower highs and lower lows. Recent selling pressure has pushed RSI down near oversold levels, but importantly, this reflects strong bearish momentum rather than an immediate reversal signal.

In this type of environment, oversold conditions can persist as price continues to trend lower. Unless GOOG can reclaim key moving averages, rallies are likely to be short-lived and may present opportunities for continued downside positioning, particularly for short-term put strategies targeting further weakness.

Wishing you the best,

Wendy

About The Author

Wendy Kirkland

About the Author Wendy Kirkland has been successfully analyzing the market trends and sharing her profitable patterns with other like-minded option traders since 2009. She is best known for her P3 pattern that works in any market and a variety of time frames. Wendy has written 16 books that use variations of this pattern and others that she has developed to fulfill her personal goal of helping others achieve their own personal financial independence. Early Career For twenty-five years, Wendy Kirkland was a working partner in a gift shop located in Historic Biltmore Village in Asheville, NC. The business supported her family of three children with a good life, but, as Wendy neared retirement age, she realized she and her husband Jack had left themselves out of the financial equation. They'd set up a retirement account, but, over the years, others' needs always seemed more pressing, and retirement seemed a lifetime away. Journey to Option Trading Her search and need to take immediate control of her financial future brought her to option trading and the financial leverage it offers. Finding the potential to make a full-time income while working on a part-time basis, Wendy wrote, How To Trade Options to give others the opportunity to benefit from this income source that can be worked a few hours a week from home or anywhere else. Since that time, she has written 16 books that are available from a variety of sources. Teaching Approach Wendy’s programs take her students all the way from getting past the perceptions that Options have to be complicated all the way to daily trading examples. Readers quickly understand what a Call Option and Put Option are and all of the other fundamentals they need to succeed. 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