Alphabet may fall to 145.00 - 149.50

Pivot

156.00

Our preference

Short positions below 156.00 with targets at 149.50 & 145.00 in extension.

Alternative scenario

Above 156.00 look for further upside with 159.50 & 162.00 as targets.

Comment

The RSI is mixed with a bearish bias.

Supports and resistances

162.00

159.50

156.00

151.79 Last

149.50

145.00

140.00

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