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MarketBeat
MarketBeat
Ryan Hasson

Alphabet’s Pullback May Be Opening a New Entry Point

Technology giant Alphabet (NASDAQ: GOOGL) has confirmed a major support level at a higher time frame, potentially creating a fresh entry opportunity for long-term investors.

The Magnificent Seven standout, which is still up roughly 77% over the past year, has pulled back more than 12% from its recent record highs. Much of that decline has come alongside the broader technology sector selloff, which was further exacerbated by rising geopolitical tensions in the Middle East.

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