Stocks

Alphabet may rise to 177.00 - 178.00

2024-06-11

Pivot

172.80

Our preference

Long positions above 172.80 with targets at 177.00 & 178.00 in extension.

Alternative scenario

Below 172.80 look for further downside with 171.50 & 169.60 as targets.

Comment

The RSI has just landed on its neutrality area at 50% and is turning up.

Supports and resistances

179.00

178.00

177.00

174.92 Last

172.80

171.50

169.60

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

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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