$Alphabet(GOOG)$ - Google reversed from support level 175.00
- Likely to rise to the resistance level 180.00
Google recently reversed up from the support zone between the support level 175.00 (former Double Top from May) and the 38.2% Fibonacci correction of the sharp upward impulse iii from the start of June.
The upward reversal from this support zone started the active minor impulse wave v of the C-wave from the start of May.
Google can be expected to rise further in the active Rising Wedge chart pattern to the next resistance level 180.00 (which stopped the previous impulse wave (iii) earlier this month).
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