SamSuka
The Long Investor
The Long Investor

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$GOOG TOP 20

$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.

$GOOG TOP 20

Comments

No, Wave C means down, to $138......if there is a bad reaction to their earnings, like last season

Gareth Neary

You mean 238? Thank you!

Amu

Afrm please.πŸ™Œ

Oscar


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