Stocks

Alphabet may rise to 165.00 - 168.00

2024-08-16

Pivot

158.00

Our preference

Long positions above 158.00 with targets at 165.00 & 168.00 in extension.

Alternative scenario

Below 158.00 look for further downside with 155.00 & 151.00 as targets.

Comment

The RSI shows upside momentum.

Supports and resistances

175.00

168.00

165.00

161.55 Last

158.00

155.00

151.00

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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