Watch These Alphabet Price Levels as Stock Rises After Strong Earnings
Key Takeaways
- Alphabet shares rose Friday after the Google parent posted quarterly results that topped Wall Street expectations amid AI-fueled search advertising growth
- The stock staged a breakout above the top trendline of a descending channel in Thursday’s trading session, setting the stage for today’s post-earnings pop.
- Investors should watch crucial overhead areas on Alphabet’s chart around $168, $182 and $196, while also watching a critical support level near $155.
Alphabet (GOOGL) shares rose Friday after the Google parent posted quarterly results that topped Wall Street expectations amid AI-fueled search advertising growth.
The tech giant, which also raised its quarterly dividend and upped its stock buyback program, said…
