Alphabet may rise to 166.70 - 168.00

Pivot

164.00

Our preference

Long positions above 164.00 with targets at 166.70 & 168.00 in extension.

Alternative scenario

Below 164.00 look for further downside with 162.00 & 159.75 as targets.

Comment

The RSI is around its neutrality area at 50%

Supports and resistances

175.00

168.00

166.70

165.03 Last

164.00

162.00

159.75

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