Alphabet may rise to 168.00 - 170.30

Pivot

163.00

Our preference

Long positions above 163.00 with targets at 168.00 & 170.30 in extension.

Alternative scenario

Below 163.00 look for further downside with 161.00 & 158.00 as targets.

Comment

The RSI is bullish and calls for further advance.

Supports and resistances

175.00

170.30

168.00

165.86 Last

163.00

161.00

158.00

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