Alphabet may fall to 159.00 - 164.00

Pivot

176.00

Our preference

Short positions below 176.00 with targets at 164.00 & 159.00 in extension.

Alternative scenario

Above 176.00 look for further upside with 180.00 & 183.50 as targets.

Comment

The RSI is mixed with a bearish bias.

Supports and resistances

183.50

180.00

176.00

166.66 Last

164.00

159.00

155.00

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