A closer look.
Usually a test of a trendline breaks on the 4th or 5th time. GOOG is approaching 20 DMA for the 5th time in recent weeks. I like it long but with a weak hand.
Showing posts with label goog. Show all posts
Showing posts with label goog. Show all posts
Tuesday, December 2, 2008
Goog Fibs
Market has been acting strong. Take a look at GOOG for a potential long. Here are the fibs from the IPO to the peak.
A closer look.
Usually a test of a trendline breaks on the 4th or 5th time. GOOG is approaching 20 DMA for the 5th time in recent weeks. I like it long but with a weak hand.
A closer look.
Usually a test of a trendline breaks on the 4th or 5th time. GOOG is approaching 20 DMA for the 5th time in recent weeks. I like it long but with a weak hand.
Monday, November 10, 2008
GOOG update
The horizontal lines I drew acted very well! 330 got a bounce to 340, then broke below. Now 310 seems to have some support. If this area is broken that means new lows for GOOG.
Wednesday, November 5, 2008
GOOG
Does not look too healthy.
A closer look, with some possible levels of support.
The trend is down.
A closer look, with some possible levels of support.
The trend is down.
Subscribe to:
Posts (Atom)