Alphabet may rise to 178.00 - 179.00

Pivot

175.00

Our preference

Long positions above 175.00 with targets at 178.00 & 179.00 in extension.

Alternative scenario

Below 175.00 look for further downside with 174.00 & 172.00 as targets.

Comment

The RSI calls for a new upleg.

Supports and resistances

181.00

179.00

178.00

175.80 Last

175.00

174.00

172.00

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