Ss2017

Wave analysis of Goog

Short
BATS:GOOG   Alphabet Inc (Google) Class C
I think we are currently on the C-wave (corrective wave) on the larger trend. I sold some shares of Goog at around 140usd and took profit at 121usd. That's because I am expecting a retracement to around 130 - 136usd from the current price of 120usd.

I may re-enter at this price range. Ultimately, I expect prices to fall below 80usd.

I will update you if my bias changes.
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