ColinCieszynski

Alphabet tests $1,000 ahead of Google Earnings

NASDAQ:GOOG   Alphabet Inc. (Google) Clase C
After outperforming through the first part of 2017, GOOG shares have been stuck in a sideways range between $900 and $1,000 for the last six months. The shares have recently reached new highs, but volumes have been falling and $1,000 remains a key round number barrier. The upcoming earnings report could spark a significant move depending on the results and guidance. Next potential resistance on a breakout near a measured $1,040 or $1,100 with support possible near $960 or $900.

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