2waytrading

Below 775 a good short candidate

Short
BATS:GOOG   Alphabet Inc (Google) Class C
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So far so good. The price held up above 775 and if price closes below the rising support line, expect the sell off to kick in. Both 9/18 exponential moving average is slopping down which is added reason for shorting it, Good downside target is $758 but wait the price to move below the rising support trend. Make your stop loss at recent swing high 786.59. Join us http://www.woowtrading.net