SamSuka
The Long Investor
The Long Investor

patreon


$GOOG TOP 20

$GOOG held the 50 Day MA and the $SPY held its previous high level too, so for now, these companies are showing that they have found support, I believe that $GOOG has been the first company of the Mega Caps to pull back for its Wave 4....$AAPL, $MSFT and $AMZN have not done this yet.

If $GOOG pulls back and makes a higher low, we can expect the bottom for Wave 4 to be in now and go higher to complete Wave 5, making this a good area to add or start a position. 

However, there is a gap down to $112, gaps get filled but there is no time constraints on when they need to be filled, so this can get filled after Wave 5 is complete, when this moves down in 3 waves to complete it ABC corrective wave.

$GOOG TOP 20

More Creators