GOOG is suppressed by the strong resistance at 1160, the 61.8% retracement of 973.20 to 1275. Meanwhile, it's supported by the up-trend line from 1010 and the 50% retracement at 1124.50. If it lost the key support, the further decline should be seen to 1100. That should confirm the completion of rebound from 973.20. On upside, though, breaks out 1160 it'll turn...
Although it's supported by the up-trend line, SPX500 is facing the strong residence at 2805. It's likely to have temperate correction and it'll rise up after testing the 2650. It'll test 2900 if it succeeded to break out 2805.
Alibaba broke out the resistance at 171.00, it's supported by it now. It's forming the pattern and confirming the rebound from 130.If it stands stably at 171, further rise should be seen to 78.5% retracement of 130 to 212 at 194.5 next. The target is 212, the highest price in history.
Despite that the production of Model 3 will increase in next quarter, its price is still under the down trend testing the key support at$ 300 which is 0.5 of Fib. MACD indicators are bearish and have a further downward trend.
MSFT formed the pattern and showed top divergence, which means its climbing motivation is decreasing. It's facing the strong residence at 108 near the 0.5 of Fib. It's likely to test the support at 100.
Apple surely had unique reasons for each of the moves, but together they're about a transition from an iPhone-driven company into one where growth comes from services and potentially transformative technology.
AAPL is facing the strong residence at 175, struggling near the MA 20 and supported by up-trend line. Keep patience to wait for breaking out the residence...
