There is no question that google
has been a monster last year flowing into this year. Blowing passed my expectations to the upside. With other techs breaking down, it is only a matter of time for GOOG
. If GOOG
breaks through the PRZ on the 4 hr
chart I posted I see $1220 as the max pain. It would be interesting to see if we could get RSI
divergence at the start and end of the pattern ( RSI
BAMM). This would further the patterns strength. Overall I think we see some upside in the market next week which might take this name higher. But I still believe the bulls will be tamed.