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After Yesterday's Rally of 1.71% Shares Could Potentially Pullback

By David Diaz

Alphabet Inc-C (NASDAQ:GOOG) traded in a range yesterday that spanned from a low of $1,132.46 to a high of $1,145.69. Yesterday, the shares gained 1.7%, which took the trading range above the 3-day high of $1,127.60 on volume of 698,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

In the past 52 weeks, shares of Alphabet Inc-C have traded between a low of $123.45 and a high of $1186.89 and are now at $1145.56, which is 828% above that low price. The 200-day and 50-day moving averages have moved 0.15% higher and 0.04% lower over the past week, respectively.

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.

Keywords: rebounders alphabet inc-c

Ticker(s): GOOG