With its long-term bullish structure compromised, Alphabet could repeat its previous 45% correction. Although closing at 163.99, slightly above the critical 156-160 support zone, any rebound might be capped at 167.35, 174.00, 185.58, and 192.70. A break below support could see shares fall toward 144-137 or even 126-119, marking a 42% correction
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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.