$GOOG is now the second Mega Cap after $MSFT to show signs of a pull back in a structured count.
$MSFT has already completed its Subwave 2 and I do not believe $GOOG has completed its yet, I do like that it has pulled back to the 0.236 Fib already and is sitting on it right now which is not a surprise.
I want to see a pull back further to at least the 0.38 Fib, preferably lower.
The 200 Day MA on the 1hr chart is sitting on the 0.38 Fib right now at $133, so this would be an area of interest.
I want to see this happening with $AMZN too.