Alphabet may rise to 164.80 - 168.00

Pivot

162.00

Our preference

Long positions above 162.00 with targets at 164.80 & 168.00 in extension.

Alternative scenario

Below 162.00 look for further downside with 159.75 & 158.40 as targets.

Comment

The RSI is bullish and calls for further upside.

Supports and resistances

175.00

168.00

164.80

163.50 Last

162.00

159.75

158.40

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