Alphabet may fall to 173.00 - 175.50

Pivot

179.00

Our preference

Short positions below 179.00 with targets at 175.50 & 173.00 in extension.

Alternative scenario

Above 179.00 look for further upside with 182.00 & 185.00 as targets.

Comment

The RSI advocates for further decline.

Supports and resistances

185.00

182.00

179.00

176.88 Last

175.50

173.00

170.00

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