Nick Foley

$GOOGL here’s some perspective. Google is now roughly 32% off its highs. It’s sitting near the March 2026 support area and has also filled a major gap. Now compare that with 2022. During the entire 2022 bear market, $GOOGL fell about 46% from peak to trough - and that decline was widely treated as a generational buying opportunity. We are already 32% down today. I’m not saying the bottom has to be in. I’m saying when one of the highest-quality businesses in the market is down this much and sitting at major technical support, this is where I start paying very close attention. Everyone wants quality cheaper. Then quality gets cheaper and suddenly nobody wants it.