Alphabet's stock rose in the intraday levels after the support of 1039.61 held on, representing the ratio 61.8% of Fibonacci retracement levels for an ascending wave in the medium term (from 894.79 to 1273.89), with negative pressure from the 50-day SMA, coupled with negative signals from the RSI. 

Therefore we expect the stock to return lower, especially if the support of 1039.61 was breached, targeting the next one at 984.26, which represents the ratio 76.4% of the same retracement levels. 

Expected trend for the stock: Likely Bearish