Alphabet may rise to 177.00 - 179.00

Pivot

173.80

Our preference

Long positions above 173.80 with targets at 177.00 & 179.00 in extension.

Alternative scenario

Below 173.80 look for further downside with 172.00 & 169.50 as targets.

Comment

The RSI calls for a new upleg.

Supports and resistances

181.00

179.00

177.00

175.45 Last

173.80

172.00

169.50

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