$GOOG did what we expected, held the yellow trend line at the 1 Fib and has just taken off, there was a possibility that the price action could pull back further to $112 to gap fill but I said that gap filling have no time constraints and this can happen after Wave 5 is complete and this is what I think will happen now.
I have been adding $GOOG during this dip and very happy to have done so.
I will be watching for $135 next for Wave 5 to complete....I would of course be happy if this extends and goes higher than the 2 Fib but we need to watch this level as a potential resistance level.
Thomas
2023-07-17 09:14:20 +0000 UTC