Google (O:GOOGL) (Alphabet) is now making its third attempt to break above a 7-year rising channel resistance line.
At the same time, it is facing a Fibonacci 161% extension level based on its 2014 highs and 2015 lows.
This is now the third time Google has made an attempt to break above this key price zone. Will the third time be a charm?
If enough buyers buoy the breakout, it would be very bullish for Google.
Google bulls do not want it to become heavy at this price point.
If that happens, a case could be made that a triple top is in play.
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