SamSuka
The Long Investor
The Long Investor

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$GOOG TOP 20

We spoke last week about the 200 Day MA offering support and it has done that perfectly here. We want to monitor if this is Wave B, so if we get a rejection at any stage below the blue line again at $152, we can assume this is Wave B complete and $GOOG will be into Wave C next.

$GOOG and $AMZN are at the top of my list for buying when they both complete Wave C.....$GOOG certain looks to be ahead of $AMZN now.

This chart has moved great over the last 12 months and we made 20% in Wave 5, I will be buying for long term if we get a pull back to the 0.5 Fib at $120.

$GOOG TOP 20

Comments

Cap, why do you say "if" we get a pullback. Do you see a reasonable chance that we don't get a pullback?

Shaleen Deep

Building up some cash for when this hits ~120$

Nick


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