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After Yesterday's Rally of 1.13% Shares Could Potentially Pullback

By David Diaz

Alphabet Inc-C (NASDAQ:GOOG) traded in a range yesterday that spanned from a low of $908.85 to a high of $918.27. Yesterday, the shares gained 1.1%, which took the trading range above the 3-day high of $914.94 on volume of 785,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

SmarTrend is monitoring the recent change of momentum in Alphabet Inc-C. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Alphabet Inc-C in search of a potential trend change.

In the past 52 weeks, shares of Alphabet Inc-C have traded between a low of $123.45 and a high of $988.25 and are now at $916.96, which is 643% above that low price. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has risen 0.2%.

Keywords: rebounders alphabet inc-c

Ticker(s): GOOG