Google: Lower Prices Incoming? Alphabet - Short Term - We look to Sell at 2807.00 (stop at 2861.00)
We look to sell rallies. Previous support level of 2800.00 broken. Trading volume is increasing. The bias is still for lower levels and we look for any gains to be limited. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 2800.00, resulting in improved risk/reward.
Our profit targets will be 2630.00 and 2460.00
Resistance: 2800.00 / 2900.00 / 3000.00
Support: 2700.00 / 2600.00 / 2500.00
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