Alphabet returns higher - Analysis - 09-09-2019

Alphabet's stock returned higher after collecting profits and venting off overbought saturation in the RSI, while gathering momentum to help maintain momentum alongside the upward short-term trend line, with positive support from the 50-day SMA. 

Therefore we expect the stock to rise as long as it settles above 1192.66, targeting the pivotal resistance of 1265.18. 

Expected trend for today: Bullish