nmike

GOOGLE weekly CLONES update

Long
NASDAQ:GOOG   Alphabet Inc (Google) Class C
Republishing Google weekly CLONING. As you can see the price pattern prediction 7 months ago worked out nicely. Google has had a nice run last few weeks and momentum could carry price to mid of CLONE 3 near term. If the over all market starts correcting we could see Google retrace to last pivot high or middle of CLONE 2. A deeper correction could see Google retrace to bottom of CLONE 2. Assuming Goggle does not break down totally the next long term CLONE target is around $1000. I normally place a 50% line in CLONE channels especially if they rather large in height.

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