Alphabet’s (GOOGL) price action indicating potential SUPPORT....
Alphabet’s (GOOGL) price action seems to be indicating potential support at $89.50. Therefore a break below $89.50 could put further selling pressure and provide a potential short-selling opportunity. The next support is $83.45. In contrast, either an EMA10-EMA20 golden cross or MACD golden cross or a daily close above the $95 level indicate a potential rally with a retest of $102.70 resistance.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.