Alphabet may rise to 169.25 - 171.75

Pivot

165.75

Our preference

Long positions above 165.75 with targets at 169.25 & 171.75 in extension.

Alternative scenario

Below 165.75 look for further downside with 163.00 & 160.50 as targets.

Comment

The RSI is mixed to bullish.

Supports and resistances

175.00

171.75

169.25

168.00 Last

165.75

163.00

160.50

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