I was very interested to see how this chart would move this week because it was a big call for me to suggest that there would be a double top because this is not easy to do.
But so far we are seeing a clear rejection here trying to stay above the ATH blue line, which is a double top right now.
The price action is still above the 50 Day MA at $145 so the bulls may not be finished just yet.....the Wave A pull back for me looks like nothing else but a Wave A because of how low it pulled back.
If there is a second rejection at the blue line again at $155, we can assume that Wave C is next.
PLEASE REMEMBER:
Over the last 2 earnings reports, $GOOG violently dropped post earnings in October and Feb, which presented two great opportunities for us....one of them I sent a buy alert out for and I personally made 24% from this pull back.
So if this happens again in 2 weeks, we may get a strong pull back again which would be Wave C....and we have our third opportunity.....we'll be ready.