Alphabet Inc. (GOOG) stock price recorded a slight rise in its latest intraday trading, after rebounding from support at its SMA50, coinciding with a test of a short-term upward sub-trend line, which provided modest positive momentum and helped the stock achieve those gains. This comes as the Stochastic reached deeply oversold levels and is beginning to show signs of a positive crossover.

Therefore we expect the stock price to rise in upcoming trading, as long as the $297.45 support level holds, to target the key resistance at $350.75.

Todays price forecast: Bullish