$Alphabet-C (GOOG.US)$$Alphabet-A (GOOGL.US)$ The stock burs...

$Alphabet-C (GOOG.US)$ $Alphabet-A (GOOGL.US)$ The stock burst over $2,900 resistance with yesterday’s rally. It sent GOOGL stock right to the 161.8% extension from the “B” leg to the “A” leg, up near $2,975. If shares can push through that, it puts the $3,100 to $3,140 area in play, where several extensions come into play.
Since the 10-day is so far away at the moment, I want to see the $2,900 area act as support should Alphabet pull back that far. Otherwise, let’s allow for the other shorter-term moving averages to catch up.