Alphabet may rise to 165.00 - 167.65

Pivot

162.70

Our preference

Long positions above 162.70 with targets at 165.00 & 167.65 in extension.

Alternative scenario

Below 162.70 look for further downside with 161.50 & 159.75 as targets.

Comment

The RSI is mixed to bullish.

Supports and resistances

168.00

167.65

165.00

164.15 Last

162.70

161.50

159.75

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