Alphabet widens gains - Analysis - 10-07-2019

2019-07-10 14:05:28 GMT (Economies.com)
Alphabet widens gains - Analysis - 10-07-2019
 

Alphabet's stock surged after trespassing the resistance of the 50-day SMA, and also the 1125.83 resistance, representing 38.2% of Fibonacci retracement levels for a descending wave in the short term, while venting off overbought saturation in the RSI.

 

Therefore we expect more gains for the stock as long as it settles above 1125.83, targeting the next one at 1157.11, representing the ratio 50%. 

 

Expected trend for today: Bullish 

 
 
 
  Symbol Last Change Chg.%
1.1034
0.0001
0.0091%
1.2573
-0.0064
0.5084%
17.590
0.060
0.341%
54.175
-0.637
1.163%
60.02
-0.49
0.81%
1490.700
3.515
0.236%
 
 
News Today