$GOOG had the week to remember and all they needed to do was invent a chip that was the fastest chip to ever exist and advance computer power by decades.....incredible that this was either kept quiet from the market or the marker completely ruled out this potential.
Either way, we were tested when $GOOG was testing its 200 Day MA at $167 in November and many would have sold at this point but the MA held support so we stuck with this and listened to the chart
Price has jumped +15% since then and made a new high.
Like $AAPL and $AMZN, $GOOG needs to convert its breakout level at $192 to support which it has not done yet, in fact it finished below this level to end the week.
They need to convert $192 to support to give the Melt Up scenario a chance to complete
I am holding.