Very nice bounce on the $151 level today after showing support on this level over the last 3 days.
Like I said before, I do not believe $GOOG has completed Wave B yet and the reason for the price being suppressed is due to the DOJ and EU antitrust investigations.
I don't necessarily think that they will get away with what has happened but I believe a fine, even if it is in the Billions will have very little effect on $GOOG, I do not believe the company will be split up.....and there are arguments that a split $GOOG may be more valuable too.
$GOOG is testing its blue line now at $155, we want this level to convert to support, then a move up to the 200 Day MA at $158 can be next.