Alphabet falls while surrounded by positive signals - Analysis - 25-07-2019

Alphabet's stock fell in the intraday levels while trading alongside the upward short-term trend line, with positive support from the 50-day SMA, with positive signals from the RSI after reaching oversold levels. 

Therefore we expect the stock to rise, as long as the support of 1122.99 holds on, targeting the first resistance at 1157.11. 

Expected trend for today: Bullish