When $GOOG held the 0.618 Fib at $132 we bought and said there was very little in the way of this moving up to the ATH line again at $152 and that is what happened....very comfortably and low risk entry and profit here now in 4 weeks and we could see this going a little higher this week, to complete a 20% gain.
Do not be put off by 20% gains, safe and low risk gains are the silent gainers that nobody cheers about but a number of these in one year and you have massively outperformed the market.
We have done this with a number of stocks this year $ABNB, $DAL, $AMZN, $GOOG, $PYPL, $AMD, $ADA....and I believe we will get the same results or more with $BABA shortly.
$GOOG needs a subwave 4 now shortly and earnings may provide that if we get the same reaction to $GOOG after what happened after their last earnings.....a move from $GOOG to $AMZN now may not be a mad move right now....
Reuben Garrison
2024-01-28 18:58:44 +0000 UTC