Alphabet may rise to 173.00 - 175.00

Pivot

169.50

Our preference

Long positions above 169.50 with targets at 173.00 & 175.00 in extension.

Alternative scenario

Below 169.50 look for further downside with 168.25 & 166.50 as targets.

Comment

The RSI shows upside momentum.

Supports and resistances

177.00

175.00

173.00

171.60 Last

169.50

168.25

166.50

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