A weak bullish bounce so far - this makes a further drop towards the base area @ 700.00USD more likely.
Alphabet will have its earnings this week. $GOOG chart has formed a bearish setup that can be used if you think $GOOG is heading down after earnings. 1. triple top 2. Daily resistance zone 3. Broken uptrend line about to be tested (resistance now) 4. 78.6, 88.6 Fibs are considered reversal levels. Considering the low volume rally and the strong resistance,...
Nice head and shoulders. Staying above 728, we target 783. Tech stocks looking goog no.
In the short run further decline in Prices expected.
Initial look at Alphabet. Watching for move past B/C points