Alphabet may fall to 159.75 - 161.30

Pivot

164.20

Our preference

Short positions below 164.20 with targets at 161.30 & 159.75 in extension.

Alternative scenario

Above 164.20 look for further upside with 165.75 & 167.65 as targets.

Comment

The RSI is below its neutrality area at 50%

Supports and resistances

167.65

165.75

164.20

162.61 Last

161.30

159.75

158.10

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