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.
Marcel Plüss
2025-02-24 04:21:17 +0000 UTCMarshall Gilliam
2025-02-24 01:18:19 +0000 UTCScott Williams
2025-02-23 20:19:19 +0000 UTCPhuze562
2025-02-23 20:16:05 +0000 UTCRakeshreddy Kotha
2025-02-23 19:48:50 +0000 UTC