Alphabet Class C ST : the downside prevails as long as 183.23 is resistance
The configuration is negative.
Our pivot point is at 183.23.
Our preference: the downside prevails as long as 183.23 is resistance
Alternative scenario: above 183.23, look for 191.28 and 196.07.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 180.28 and 190.14).
Supports and resistances:
196.07 **
191.28 *
183.23 **
180.06
175.75 USD - last
162.92
158.25 **
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