Alphabet: Expected To Rise Towards Its Resistance Level At Around $122

Today’s instrument is Alphabet Inc. Class A‘s stock traded on the Nasdaq exchange under the ticker GOOGL

When we look at GOOGL ‘s chart, we can see that it is traded at around $107.85 (post-split adjustment pricing). Tomorrow it is announcing its quarterly earnings and if the market’s expectation is positive, then we could see its price rising towards its resistance level at around $112 otherwise it should fall towards its support level at around $102.

(Click on image to enlarge)

Alphabet Inc.


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Disclaimer: Trading is risky. Information presented herein is not to be construed as a solicitation or an offer to buy or sell any Financial Instrument or to participate in any trading ...

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