Alphabet Inc.s stock price (GOOG) edged slightly lower in latest intraday trading, while moving within the range of an upward correctional price channel that has confined recent short-term trades, supported by positive signals from the RSI after previously reaching strongly oversold levels, with ongoing positive pressure due to trading above the 50-day simple moving average, as the stock tries through this dip to gather positive momentum that may help it recover and rise anew.

Therefore we expect the stock to rise in upcoming trading, targeting the pivotal resistance of $182.45 in preparation to attack it.

Todays price forecast: Bullish