Stocks

Alphabet may fall to 151.00 - 155.00

2024-08-07

Pivot

165.00

Our preference

Short positions below 165.00 with targets at 155.00 & 151.00 in extension.

Alternative scenario

Above 165.00 look for further upside with 168.00 & 174.00 as targets.

Comment

The RSI is bearish and calls for further downside.

Supports and resistances

174.00

168.00

165.00

158.36 Last

155.00

151.00

147.00

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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