Alphabet may rise to 168.60 - 171.75

Pivot

163.00

Our preference

Long positions above 163.00 with targets at 168.60 & 171.75 in extension.

Alternative scenario

Below 163.00 look for further downside with 160.50 & 158.40 as targets.

Comment

The next resistances are at 168.60 and then at 171.75.

Supports and resistances

176.00

171.75

168.60

166.20 Last

163.00

160.50

158.40

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