I have mentioned already tonight that $GOOG and $AMZN have been holding up considerable well compared to their Mega Cap counterparts, with $GOOG looking the strongest being above its 50 Day MA and 200 Day.
However, I do have this very close to hitting our Subwave 5 of Wave 3 target and we have got to expect that $GOOG will eventually pull back.
We can see that the price action hit exactly at the 2.618 Fib level on Thursday and rejected with the market on Friday.
I think holders of $GOOG should consider adding if this pulls back as show close to the 1.618 Fib at $116 or if it can come all the way back to the 200 Day MA which is at $108 and moving higher now.