Saxo

Google Ready to Bounce?

Long
NASDAQ:GOOGL   Alphabet Inc (Google) Class A
Alphabet

Short Term - We look to Buy at 2524.87 (stop at 2472.74)

We look to buy dips. Previous support located at 2500.00. The medium term bias remains bullish . Although this gives the medium term bias a mild bearish edge, we expect intraday trading to continue to be mixed and volatile. Trading close to the psychological 2500.00 level.

Our profit targets will be 2677.46 and 2826.06

Resistance: 2700.00 / 2850.00 / 3000.00
Support: 2500.00 / 2400.00 / 2220.00

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