Alphabet may rise to 173.30 - 174.50

Pivot

171.00

Our preference

Long positions above 171.00 with targets at 173.30 & 174.50 in extension.

Alternative scenario

Below 171.00 look for further downside with 169.50 & 168.25 as targets.

Comment

The RSI is mixed with a bullish bias.

Supports and resistances

176.00

174.50

173.30

172.20 Last

171.00

169.50

168.25

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