Core Insights - Alphabet (GOOGL) has achieved a market capitalization of $3 trillion, becoming the fourth company to reach this milestone, driven by a favorable legal ruling and optimism regarding its AI prospects [1][2][7] Market Performance - Alphabet shares have seen a significant increase, gaining approximately 17% since the beginning of September and 30% year-to-date, despite a recent 1% decline to around $248 [3][7] - The stock has been trending sharply higher since breaking out from a saucer pattern in late August [4][7] Technical Analysis - The relative strength index indicates bullish momentum with a reading nearing 90, but also suggests potential short-term price fluctuations due to heated conditions [4] - A spinning top candlestick pattern formed recently indicates indecision among buyers and sellers [4] - Bullish price targets based on technical analysis are projected at $261 and $286.53, with key support levels identified around $215 and $201 [6][7]