Stocks

Alphabet may fall to 181.70 - 183.00

2024-07-17

Pivot

187.80

Our preference

Short positions below 187.80 with targets at 183.00 & 181.70 in extension.

Alternative scenario

Above 187.80 look for further upside with 190.00 & 191.70 as targets.

Comment

The RSI is bearish and calls for further downside.

Supports and resistances

191.70

190.00

187.80

184.35 Last

183.00

181.70

179.00

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

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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