Intraday Technical Analysis Of Alphabet Inc. - Tuesday, April 25
Hello Traders and welcome to AAATrade’s Intraday Technical Analysis session.
Today’s instrument is the Alphabet Inc. Class A‘s stock traded in Nasdaq exchange under the ticker (GOOGL).
Looking at the GOOGL‘s chart, we can see that it was lastly traded at around $106. Today it is announcing the quarterly earnings and if the market’s anticipation is positive, then we could expect it to rise towards the resistance level at around $108-108.80, otherwise it should drop towards the support level at around $102 and if the decline accelerates, then it could test the level of $100.
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