Alphabet may rise to 177.25 - 178.75

Pivot

173.00

Our preference

Long positions above 173.00 with targets at 177.25 & 178.75 in extension.

Alternative scenario

Below 173.00 look for further downside with 171.50 & 170.00 as targets.

Comment

The RSI is mixed and calls for caution.

Supports and resistances

180.00

178.75

177.25

175.75 Last

173.00

171.50

170.00

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