Profit target on GOOGL on a Monthly and Weekly Basis
Given the fundamentals of Google are better going forward, this is a monthly/weekly profit target of Google based on the 161.8% Fibonacci projection; that is, a profit target of $803.30.
On a daily basis, the technical risk reward level is not warranted for an entry in my book. II am not a momentum trader, so I am waiting for a correction or pull back or some consolidation on a daily basis.
On a daily basis, the technical risk reward level is not warranted for an entry in my book. II am not a momentum trader, so I am waiting for a correction or pull back or some consolidation on a daily basis.
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