Google beginning to break down out of a rising wedge with diminishing Volume from its high point in 2005...
We see a Diamond Top taking shape going back to late 2017...
Also an M-Top or Double Top...
The Weekly has been sideways along the 60-Day (blue) and 175-Day (orange) Hull Moving Averages...
Same for the 14-Day Chart...
Support levels to be aware of...
Very interested to see where the next Weekly and current 14-Day candle closes. Right before Friday's close (7/26/19) a push to close at the top of the range was made but fell short of the high...
...creating a massive gap on the Daily which was rejected before closing as a Shooting Star. Most glaring on the chart are the only 2 unfilled gaps on Google's Daily chart @$850 and @$450. A continued breakdown from here and reversal confirmation with breaking down from the Diamond and the gap at @$850 would be my first target.
We see a Diamond Top taking shape going back to late 2017...
Also an M-Top or Double Top...
The Weekly has been sideways along the 60-Day (blue) and 175-Day (orange) Hull Moving Averages...
Same for the 14-Day Chart...
Support levels to be aware of...
Very interested to see where the next Weekly and current 14-Day candle closes. Right before Friday's close (7/26/19) a push to close at the top of the range was made but fell short of the high...
...creating a massive gap on the Daily which was rejected before closing as a Shooting Star. Most glaring on the chart are the only 2 unfilled gaps on Google's Daily chart @$850 and @$450. A continued breakdown from here and reversal confirmation with breaking down from the Diamond and the gap at @$850 would be my first target.