So we added $GOOG yesterday on the 0.618 Fib level at $133, the price has tested this level a number of times yesterday and so far today.
We want to see this position held.
The 50 and 200 Day MA on the 1hr chart are just slightly above so a clean break above $134.50 and and we could be looking at moving up for Subwave 3 next.
JPM raised their PT to $160 which is a fair target, considering our Subwave 3 could hit the blue line at $152.
I will likely add again once I see a bounce off the 0.618 Fib and above the 50 and 200 Day MA
Josh
2023-12-13 15:48:48 +0000 UTC