Alphabet - second out of the big tech to report earnings tomorrow. First out of the big AI players

Taking a look at Alphabet ahead of its earnings tomorrow. Currently, the tech giant is trading at around $151.94 a share after closing a new all-time high of $151.74 on Friday. We can see that the price is trying to push higher, but it’s finding the resistance overpowering ahead of the Q4 report. From a technical perspective, there is still resistance above at $153.04 and then at $153.35, which are levels the share price reached in the past but never managed to close above those levels. So a close above $153.35 may not only lead to a new all-time high but potentially see a further extension as then there won’t be any resistance. But of course, that creates the risk of the stock then choosing to undergo a pullback once new highs are reached, capturing the buyers. However, this is all speculation. Looking at the support below, the first trendline support reads approximately $146.04 followed by the more important support of $141.91. A break below $141.91 would create the possibility of an extended pullback towards $138.90. Looking at the technical indicators, they are still very positive with the MACD comfortably rising and the RSI reading 75. Although, the RSI does now suggest that the stock is a little overbought on the daily timeframe.