Variations of Phi don't lie. I'm looking for a target of 760, if not lower.
Even though you may be thinking that the market has begun to roll over, this chart still shows projections of a long trend off of the Daily. I'm not ready to change my long position just yet, stay tuned, but for now I'm sticking to my channel.
GooG 2013-06-11 day Price Retrace at 38.2 and flip rebound with hammer signal. Now price rebound at 50% of retrace down. IF price go higher this and go new high, this should be Flag Pattern and Target should be 100% projection
Next week google should hit 900$. Bullish on market Option Game plan 1)Buy long call 2) Bear credit spread Saief
Bounce on the way to form wave B!!
Perfect hit on the 68,50 retracement line, is 38 ret next?? jmho
GOOG retraced with the broad markets and closed below it's 21 Daily EMA. Is this a retracement or a change in trend? Let's look at the evidence. GOOG's last 2 pullbacks were to the 100 EMA, technically we can retrace to $807 and not violate previous patterns. The retracement barely made it to the 38% fib level. If we bounce from here this is generally...
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Eyes on Volume All JMHO
Bearish Market. Google next support could be at 840$ over next 2 week if it's close below 871$ on tuesday . Short sale and long put option. also good time for credit spreads.
Be wary of shorting oversold leaders.
Broken out of the old price channel with good volume n no retracement yet. Also ,sitting at the top of new (but unconfirmed) price channel. Tightening stop@below 840
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...