CFD Trading –Sell Alphabet Class C. (GOOG.NAS) @ $89.85. Stop @ $92.35 and Target @ $83.65.

Alphabet Class C Stock Code GOOG.NAS


Price broke and closed below the cloud in the previous trading session, changing the chart outlook to bearish. Conversion and base lines had a bearish crossover and is hinting at a bearish price trend. Lagging Span is below price of 26 days ago and below the cloud, confirming the bearish price trend. MACD is bearish and is hinting at a bearish price trend. We think price is likely to move lower to the previous support at $83.64 in the next 2-3 weeks.


$89.85                Sell

$83.65                Price Target

$92.35                Risk Management Stop

3 weeks              Trade Duration

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