Alphabet's stock rose 1.10% in the last session, with positive support from the 50-day SMA, coupled with positive signals from the RSI, while readying to tackle the resistance of 1231.79, amid the dominance of the upward short-term trend.
Therefore we expect more gains for the stock, especially if the resistance of 1231.79 was breached, targeting the next pivotal one at 1273.89.
Expected trend for today: Bullish