Alphabet close to its year-long minimum

16 September 2022 319
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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. 

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

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