Alphabet Class C ST : rebound towards 179.33
The configuration is mixed.
Our pivot point is at 148.86.
Our preference: rebound towards 179.33
Alternative scenario: below 148.86, expect 140.62 and 135.72.
Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 167.91 and 181.68). Finally, the Alphabet Class C is trading below its lower Bollinger band (standing at 158.56).
Supports and resistances:
189.67 **
184.50 *
179.33 **
174.16
156.06 USD - last
152.10
148.86 **
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