Alphabet stock hits new high

Note: This section contains information in English only.
Source: Dukascopy Bank SA


At the start of Wednesday's US trading, the price for Alphabet hit a new all-time high level at $3,030.00. The stock jumped at the start of trading due to better than forecast quarterly earnings report. The company has grown its year-on-year revenue by 40.00%. Due to that reason, a review of the technical chart is being conducted.

In general, after hitting the new all-time-high level the stock price retraced back down, as it started to look for support. There is no close by support, which could act as a catalyst for the asset price to continue to surge. A potential retracement down, might find support in the 50-day simple moving average near the 2,830.00 mark. Further below, the 200-day simple moving average and the 2,700.00 level could stop a drop.

On the other hand, the price has broken the resistance of the 3,000.00 mark. It is a signal that future gains are possible. A resumption of the surge would have to once again pass the 3,000.00 mark, before booking new all-time-high levels.
Back to articles

Actual Topics

Thu, 03 Feb 2022 10:36:22 GMT

Natural Gas returns to 5.5000

In mid-January, the price for natural gas broke the resistance line of the channel down pattern, which captured the rate's decline since October. After a short retracement down, at the end of January, the commodity price started to surge. On February 2, the price rached the late November high level at 5.5000. In the case that the price reaches above the

Wed, 02 Feb 2022 09:27:03 GMT

USD/CHF fails to reach resistance zone

Since the last review of the USD/CHF chart, the pair has made two attempts to reach the resistance zone of the September and November high levels at 0.9335/0.9375. Meanwhile, after each failed attempt the rate retraces to the support zone at 0.9090/0.9105. In addition, it has been observed that the rate has been ignoring the 50 and 200-hour simple moving

Subscribe to "Fundamental Analysis" feed

Suscribir
Para conocer más sobre la plataforma de Trading de CFD y Forex de Dukascopy Bank, SWFX y otras informaciones relacionadas con el Trading,
llámenos o haga una solicitud de devolución de llamada.
Para obtener más información sobre la posible cooperación, por favor llámenos o haga una solicitud de devolución de llamada.
Para obtener más información sobre las opciones binarias de Dukascopy Bank / La plataforma de operaciones de Forex, SWFX y otra información relacionada con el Trading, por favor llámenos o solicite una devolución de llamada.
Para conocer más sobre la plataforma de Trading de CFD y Forex de Dukascopy Bank, SWFX y otras informaciones relacionadas con el Trading,
llámenos o haga una solicitud de devolución de llamada.
Para obtener más información acerca de la plataforma de operaciones Crypto Trading / CFD / Forex, SWFX y otra información relacionada con el comercio,
llámenos o realice una solicitud de devolución de llamada.
Para obtener más información sobre Business Introducer y otra información relacionada con el comercio,
llámenos o realice una solicitud de devolución de llamada.
Para obtener más información sobre la posible cooperación, por favor llámenos o haga una solicitud de devolución de llamada.