SamSuka
The Long Investor
The Long Investor

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$GOOG TOP 20

This is now causing some concern

$AMZN has retested its 200 Day MA today but has not lost it

$GOOG has certainly lost its 200 Day MA and retesting its important blue line at $155 and right now has lost it but there is still another 5 hours in this session to go.

We need to see a retest and rejection of the 200 Day MA for me to consider selling

Wave C is at $138, so it would be another 10% drop from here, probably something I am also comfortable with to be fair, it is $GOOG after all.

But I will weigh up what I will do when I see a retest of the 200 Day MA first.

$GOOG TOP 20

Comments

$170 was wave B

DC


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