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.
Shaleen Deep
2024-03-17 15:26:51 +0000 UTCNick
2024-03-17 13:47:45 +0000 UTC