Alphabet may rise to 165.50 - 168.00

Pivot

160.60

Our preference

Long positions above 160.60 with targets at 165.50 & 168.00 in extension.

Alternative scenario

Below 160.60 look for further downside with 158.40 & 155.25 as targets.

Comment

The RSI calls for a new upleg.

Supports and resistances

182.00

168.00

165.50

161.58 Last

160.60

158.40

155.25

Number of asterisks represents the strength of support and resistance levels.