Bears circling around GOOG
Everything points towards a move down.
We even have a nice head and shoulders formation at the top (still not confirmed).
One could also use the recent high ($918) as a stop to get ~7 risk/reward ratio. While going higher would not invalidate the ending diagonal count, it would add some arguments against this scenario.
We even have a nice head and shoulders formation at the top (still not confirmed).
One could also use the recent high ($918) as a stop to get ~7 risk/reward ratio. While going higher would not invalidate the ending diagonal count, it would add some arguments against this scenario.
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