Alphabet may rise to 169.15 - 172.00

Pivot

163.80

Our preference

Long positions above 163.80 with targets at 169.15 & 172.00 in extension.

Alternative scenario

Below 163.80 look for further downside with 161.35 & 158.40 as targets.

Comment

The RSI is mixed to bullish.

Supports and resistances

195.00

172.00

169.15

167.50 Last

163.80

161.35

158.40

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