Alphabet stocks are moving steadily towards their year-long minimum that was set slightly above 102 on May 24. The support level of 106 has been successfully overcome, and if the buyers fail to conduct a counterattack from 102, the price of Alphabet stocks will be at risk of declining to the double-digit figures.
The target of the movement that is currently observed may be closing the gap formed on February 2-3 of the previous year. The prices will have to go down to 97.8 to achieve the target.
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