SamSuka
The Long Investor
The Long Investor

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$GOOG TOP 20

$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.

$GOOG TOP 20

Comments

I started my first position around $116 similar to you, Gar. Would love to hear your thoughts on how to proceed once we see wave 5 peaking. How much of your position will you sell before the correction?

Thomas


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