$GOOG also reports their earnings after the close on Tuesday too.
Price has been holding above the 200 Day MA since the 17th of Sept and above the 50 Day MA since the end of Sept.
It has been slow and sideways moving but I suspect the market needs the report to decide on the next direction
For me and the chart, that movement is to the upside, to at least our Wave B range, between $176 - $183.
$GOOG also moves very strongly post earnings too.
$GOOG effectively crashed post its last earnings and if this was to happen again then I believe this is in Wave C and the 0.5 Fib at $138 is the next possibility.
Gareth Neary
2024-10-28 15:28:51 +0000 UTCAmu
2024-10-28 15:25:02 +0000 UTCOscar
2024-10-27 16:31:18 +0000 UTC