Alphabet buyers indecisive

01 June 2022 352
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Alphabet shares have rebounded more than 11% from last week's minimum. At yesterday's trading session, the strength of the "bulls" was no longer enough to continue the growth. However, the sellers have not yet managed to regain the initiative.

 

As a result, the daily candlestick on the chart took the form of a "doji star", meaning uncertainty about the further price movement. Today's trading session will be decisive for the immediate prospects of Alphabet.

 

If buyers break the resistance of the "bears", the price may head to 2380 and further to the important level of 2500. In case of decline, the first goal is to close the gap at 2180 and then move to recent minimums.

This content is for informational purposes only and is not intended to be investing advice.

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