Alphabet may rise to 165.00 - 167.65

Pivot

163.00

Our preference

Long positions above 163.00 with targets at 165.00 & 167.65 in extension.

Alternative scenario

Below 163.00 look for further downside with 162.00 & 159.75 as targets.

Comment

The RSI calls for a new upleg.

Supports and resistances

168.00

167.65

165.00

163.62 Last

163.00

162.00

159.75

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