SamSuka
The Long Investor
The Long Investor

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$GOOG TOP 20

$GOOG has not shown the same strength as $AAPL and $AMZN over the last 2 weeks and may just be ahead of them and pulling back for its Wave 4....we know that $AAPL and $AMZN need to do the same shortly too.

$GOOG looks more in line with the $MSFT chart now which i'll be uploading shortly.

I normally upload the Daily chart for the weekend update but it is important to observe the 50 Day MA here, as it has pulled back to the 200 Day MA, a cross downward here is usually a bearish indication, at least for the short term which would be in line with our projection for Wave 4 pulling back to $118.

A hold at this level and I believe this is a good area to add or start a position.

As always, failure to hold this level and $GOOG may be at risk of 5 waves down, I will add in the corrective wave for this if $118 is not held. 

$GOOG TOP 20

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