Alphabet may fall to 160.50 - 163.00

Pivot

167.00

Our preference

Short positions below 167.00 with targets at 163.00 & 160.50 in extension.

Alternative scenario

Above 167.00 look for further upside with 168.60 & 171.75 as targets.

Comment

The RSI is bearish and calls for further downside.

Supports and resistances

171.75

168.60

167.00

165.48 Last

163.00

160.50

158.40

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