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climbing_stars
Sep 10, 2013 2:28 AM

Another GOOG chart Short

Alphabet Inc.NASDAQ

Description

The most recent long upside swing trade I posted is almost over imo. Look for this to reverse at the $895/$900 level. My view is still bearish on GOOG in the intermediate term. I think we will see continued weakness until we hit some reasonable retracements. AAPL which has tagged a key support in it's bullish upward trend on the monthly, looks like the place where money could flow. I believe you see money flow out of PCLN and GOOG and into FB and AAPL. I guess we will find out soon if this plays out.
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