Alphabet may rise to 177.25 - 178.75

Pivot

174.40

Our preference

Long positions above 174.40 with targets at 177.25 & 178.75 in extension.

Alternative scenario

Below 174.40 look for further downside with 173.00 & 171.50 as targets.

Comment

The RSI is mixed to bullish.

Supports and resistances

180.00

178.75

177.25

176.32 Last

174.40

173.00

171.50

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