Growth is possible.

On the daily chart, the third wave of the higher level (3) develops, within which the wave 5 of (3) forms. Now, the fifth wave of the lower level v of 5 is forming, within which the wave (i) of v has developed, and a local correction has started as the wave (ii) of v. If the assumption is correct, the asset will grow to the area of 170.00–180.00. In this scenario, critical stop loss level is 142.30.

Shares of the American holding Alphabet Inc. are trading at 156.00.