Alphabet may fall to 170.00 - 171.50

Pivot

174.40

Our preference

Short positions below 174.40 with targets at 171.50 & 170.00 in extension.

Alternative scenario

Above 174.40 look for further upside with 176.00 & 178.75 as targets.

Comment

The RSI advocates for further decline.

Supports and resistances

178.75

176.00

174.40

172.40 Last

171.50

170.00

164.00

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