$GOOG has been moving very well here since bouncing on the 0.38 Fib at our Wave 4 level and just above its 200 Day MA.....it found resistance at the 50 Day MA on Friday and I would like to see this come down next to the small white fib levels as shown between $127-$126 to find support next.
$GOOG is my backup plan if $AMD continues to climb all the way up to Wave 1, as I believe it could take a few months to come back down for its Wave 2, so if $GOOG pulls back in line with the market next week and $AMD continues its climb, I will add $GOOG instead of chasing $AMD and adding to my position there.
Both are very good positions to be in.
I really like how $GOOG has moved with our chart and buying at $126 ONCE support is found is attractive to me.