The Long Investor

$GOOG TOP 20

Added 2024-08-22 13:50:02 +0000 UTC

No concern regarding $GOOG in this set up, price was has been negotiating with the 0.28 Fib at $167 but I do not consider it a strong resistance level

I would much prefer to watch for a test on the 50 Day MA

The plan from the weekend brief remains the same, I believe we can benefit here from a bounce for Wave B or if the market pushes to new ATH

If you believe the market will have no issue making a new ATH then $GOOG should be attractive to you, I do not believe it would be left behind if that happens

For me, the plan remains the same, expect a Wave B bounce and continue to hold until there is a rejection, that way, if a new ATH is made, we continue to hold.