Alphabet, another big player that is expected to report earnings tomorrow. The tech giant is expected to report an EPS of $1.08 on revenue of $68.87bn.

Alphabet is another big player who is expected to report its earnings tomorrow (25^th) alongside Microsoft. Looking at the weekly timeframe and from a technical perspective, we can see that its stock price has broken out of the bearish trend, as highlighted by the descending trendline (white). At this moment in time, the share price sits around $105.56 a share, and we can see the various support levels below. The first important support level sits at $99.74 followed by $88.57. The base is established at $83.40 and it would take a great number of selloffs along with bad news for those levels to be reached anytime soon. Nevertheless, a break below $88.57 could result to a support test along the base.  However, as the bias remains bullish, resistance sits at $108.17 then at $109.92 and finally a tough level at $111.94. A break above $111.94 may open a pathway towards $117-£120. Over to the indicators, MACD is positive and so is RSI as it reads 54.

Note: Alphabet is expected to report earnings of $1.08 on revenue of $68.87bn (after US market hours). The outcome of the report could have an influence on the share price.