Alphabet racks up another profit - Analysis - 20-03-2017

Alphabet's stock (GOOG) kept rising in the intraday levels, scoring a new profit of 0.39% in the last session, or 3.34 points, and readying to attack the important resistance of 855.97, amid ongoing positive support from the SMA for the last 50 days period, with the dominance of the main upward short-term trend along the trend line. 

Therefore we expect more gains to come for the stock, provided it pierces the resistance of 855.97, targeting thereafter the resistance of 873.99.