As many of you know, $GOOG has been a stock that has tested me over the last few months, what we knew; it was in an uptrend but it wasn't moving as clear as the other Mega Cap stocks, we can see that the earnings around the start of May offered stability and the trajectory became clearer.
Earnings last week also offered more guidance and reaffirmed its trend to the upside for the rest of the year.
However, I believe the pull back before earnings was Subwave 4, and so Wave 4 I have adjusted accordingly.
$AMZN and $GOOG appear to be in the same camp, while $MSFT and $AAPL are following each other perfectly.
I do not believe that $AMZN and $GOOG have experienced their Wave 4's yet.....so this could present an opportunity here for us to add.
Wave 3 looks to extend to the 2.618 Fib, with a possible pull back to the 1.618 Fib at $116.....which is a price I find very attractive to add at.