$GOOG TOP 20
Added 2024-04-21 18:34:14 +0000 UTCLike I said last week, I took a bold step suggesting that $GOOG was in Wave B and would reject staying above the blue line, it managed to hold on this level to end the week but I do not expect $GOOG to hold this level.
I would be concerned holding $GOOG through earnings, as the last two earnings saw two violent declines post report and this would also align with our chart too.
It is also the only MEGA CAP now that hasn't lost its 50 Day MA and it is a good bit above it, right now it is at $144.
$GOOG I like a lot but I don't think it is strong enough to be a lone ranger and move higher while the market is clearly struggling.
One large decline now for Wave C as we expect and we could get our first Mega Cap completing its correction.
