Alphabet may fall to 161.00 - 162.00

Pivot

164.20

Our preference

Short positions below 164.20 with targets at 162.00 & 161.00 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

162.72 Last

162.00

161.00

159.75

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