$Alphabet(GOOGL.US)Google finally broke below its previous low after weeks of relentless selling, which is never a great look technically. The frustrating part is that it wasn’t one single event—regulatory pressure, AI competition concerns, advertising worries, and broader market rotation all piled on at the same time.

That said, sentiment now feels far worse than the underlying business. The stock has gone from being viewed as an AI laggard to almost being ignored entirely, despite still owning some of the strongest assets in tech. When expectations fall this much, the bar for positive surprises becomes much lower.

The key question is whether this breakdown attracts real sellers or simply exhausts them. After such a long decline, the risk-reward looks very different from what it did near the highs.

@Bridge Buzz SG