Alphabet Inc. shares are currently trading at 205.00, showing signs of corrective price action.

Growth is possible.

On the daily chart, the upward third wave of the highest level (3) forms, within which the wave 3 of (3) and the correctional wave 4 of (3) ended, and the wave 5 of (3) develops. Now, the first entry wave of the lowest level i of 5 and the wave (iii) of i are forming. If the assumption is correct, the asset will grow to the area of 215.00–230.00. In this scenario, the critical stop loss level is 187.80.