DoujinStars
The Long Investor
The Long Investor

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$GOOG TOP 20

In spite of losing the yellow support level and 50 Day MA, the inevitable test next looks to be the 200 Day MA at $177 but I do not next see this Wave 5 complete yet in this current set up which is now showing as an opportunity to me if the price can retest can hold at $177.

Only if the 200 Day MA is lost would I consider the ABC correction to be triggered and just like $AMZN, I would be accumulating heavy into $GOOG in the Buy Zone at $140.

$GOOG TOP 20

Comments

Patience is needed, retest of Levels can take some time and will try to trigger you. May look at this as a personal lesson to handle your emotions, wich is the key in this game

Marcel Plüss

I’m wondering if should dump now and wait. I haven’t been here long enough to understand tbis thesis. Is it , it will go back up some then retest $177 or headed there now?

Marshall Gilliam

Looks like $140 also.

Scott Williams

What percentage gets sold at wave 5 target if we know pullback would be coming?

Phuze562

What is price buy zone for amzn ?

Rakeshreddy Kotha


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