Since the end of April, Alphabet has been trading in the 2130 - 2370 sideways.
This movement is likely to continue until the publication of the company's next quarterly report, scheduled for July 25.
The fast line of the Stochastic indicator has entered the oversold zone, signaling the imminent possibility of an upward price reversal. And the hammer was displayed on the chart.
So we expect growth to the upper limit of the interval.
This content is for informational purposes only and is not intended to be investing advice.
