ALPHABET: Double Bottom Spotted ALPHABET: Double Bottom Spotted.
After a long downtrend market, a double bottom is spotted in daily time frame.
The downtrend Market structure has already been broken in last two trading sessions.
Investors are showing more interest in this stock.
This may result in a bullish rally of the stock.
Stock is expected to test the level of 122$ per share in upcoming trading sessions.
On down side price level of 82$ per share may hold the key support.