SamSuka
The Long Investor
The Long Investor

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$GOOG TOP 20

$GOOG is not quite in the same situation as $AAPL, as it is battling to hold its 50 Day MA, which is comfortably above its 200 Day MA, whereas, $AAPL is battling with its 200 Day MA, which is a much bigger determination of a trend.....the 200 Day MA, is the difference within being in a bullish trend and a bearish trend.

For $GOOG the yellow line remains in play here at $140 as a support level.

We also have overlapping waves now in this Wave 5 which is called an ending diagonal which can only be found in Wave 1 (leading diagonal) and Wave 5....further confirmation that we are in Wave 5 as it certainly is not in Wave 1.

$GOOG needs to get back above the 50 Day MA this week to keep its Wave 5 level still in play.

$GOOG TOP 20

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