$GOOG Potential Short opportunity targeting 1289 SL 1670

Same as other Tech stocks dropped hardly from ATH and still showing negativity which suggests to short any coming bounce or when small time frame 30-60 min indicators became overbought . It considered as healthy correction targeting 1289 so can build up a new long positions . stoploss for bearish scenario is to close above 1670 otherwise it will stay one down trend for a while..

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Showing weakness among others

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Closed at fibo 38.2 . Perfect

Commento:

from 1520 to 1437

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lowest 1406

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