Alphabet may rise to 179.00 - 180.50

Pivot

174.00

Our preference

Long positions above 174.00 with targets at 179.00 & 180.50 in extension.

Alternative scenario

Below 174.00 look for further downside with 172.80 & 171.00 as targets.

Comment

The RSI calls for a new upleg.

Supports and resistances

185.00

180.50

179.00

176.02 Last

174.00

172.80

171.00

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