Boring_Trader

Alphabet’s (GOOGL) price action indicating potential SUPPORT....

NASDAQ:GOOGL   Alphabet Inc (Google) Class A
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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