Alphabet may fall to 151.00 - 155.00

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 calls for a new downleg.

Supports and resistances

174.00

168.00

165.00

159.29 Last

155.00

151.00

147.00

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