Alphabet stock pauses near record peak as investors lock profits ahead of holiday

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Alphabet stock pulls back near $328 record high

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Sholanke Dele

27.11.2025

Alphabet stock pauses near record peak as investors lock profits ahead of holiday — Alphabet gained 9.7% this week to $328.85

Alphabet Inc. [GOOGL] stock is currently paused due to the U.S. Thanksgiving holiday on Thursday, November 27. Prior to the market closure, the stock had gained 9.74% this week, rising from the weekly open at $299.67 to a record high of $328.85. This move pushed GOOGL further above the key $300 level, supported by growing investor confidence in its AI developments and earnings outlook.

- Alphabet gained 9.7% this week to $328.85 record before mild profit-taking ahead of U.S. holiday.

- RSI above 70 signals stretched momentum, though long-term trend structure remains firmly bullish.

- Meta chip demand speculation lifts Alphabet outlook, projecting 11% cloud revenue growth.

The recent rally was briefly interrupted on Wednesday, when GOOGL stock declined over 1% to a low of $317 from the previous close at $323.4. The decline was attributed to mild profit taking ahead of the holiday. Trading volume also dropped significantly on the day, breaking the recent trend of rising daily volume, and reflecting a lack of broad selling pressure.

Alphabet price dynamic (Oct - Nov 2025). Source: Tradingview

Particular news that helped drive the stock higher earlier in the week was a report that Meta could start using Alphabet’s specialized chips. The report raised expectations that Alphabet could take market share from Nvidia. According to Morgan Stanley, every 500,000 TPUs sold externally could boost Alphabet’s cloud revenues by 11% and lift earnings per share by 3%. This has raised projections for Alphabet’s future earnings and valuation multiples.

Alphabet insider transaction reflects routine equity management, not change in outlook

Also on November 25, Alphabet Vice President and Chief Accounting Officer Amie Thuener O’Toole reported a surrender of 965 shares at around $318.47 per share. The transaction was not a discretionary sale but part of routine equity compensation management. She retained 15,160 shares after the transaction, which does not indicate loss of confidence in the company.

Technically, GOOGL daily and 4-hour RSI readings are both above 70, showing overbought conditions. However, the long-term uptrend is still intact. The 20 EMA on the daily chart at $317 is the nearest key level. If it holds when the market reopens on Friday, a rebound may occur.

If support at $317 fails, the next area of interest will be determined by price action between $310 and the $300 level, which was a breakout zone earlier this week. Hence, the broader trend will remain bullish as higher lows stay intact above the moving averages.

In recent analysis, we discussed how Alphabet extended its eight-month winning streak as AI dominance fueled bullish momentum. The stock surged nearly 18% month-to-date, reflecting strong investor confidence in its AI strategy.

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