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philocrypt0
Mar 11, 2020 1:40 PM

Google, Green Day and Dookie Short

Alphabet Inc.NASDAQ

Description

I posted a similar idea at the top of the market that got stopped out but still played out, and now we see a similar setup. Google posts three consecutive green days on very heavy volume, and each day fell well short of any close since late last year. I see this as a clear sign of distribution and expect it to lead to a big dump. My idea is to short at 1260 with a stop loss at 1305 and a target of 1030.
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