(Teleborsa) – Up Alphabet which moves with a gain of 0.97% thanks to the promotion decided by Goldman Sachs.
The experts of the research department have started the hedging on the stock of the parent company of Google with a “buy” rating and a target price of 3,350 dollars per share.
The movement of the US holding owned by Google, during the week, follows the trend of theS&P 100, making the stock strongly influenced by the reference market and less by news related to the company itself.
The medium-term implications of Alphabet confirm the presence of an uptrend. However, the short-term scenario highlights a depletion of positive strength at the resistance test identified at USD 2,883.9 with first support seen at 2,846.8. Expectations are for a negative extension in the suitably short time frame towards 2,827.7.
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