SamSuka
The Long Investor
The Long Investor

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$GOOG TOP 20

News has dropped over the weekend that Samsung is considering dropping Google as their default browser for Bing, the concern here for Google is that it could be the start of a trend and the start of a decline in market share....Samsung is a major device manufacturer, this move, will likely ask questions.

As for the chart, still under the trend line in the bear flag, it can still break above and test the higher trend line next as the 200 Day MA has been a support line lately.

So What Now?

I think, depending on what happens with $AAPL and $MSFT, may decide what happens here too, if they both reject and decline, it is unlikely that $GOOG will turn bullish. Both RSI and MACD are showing overbought indications. 

$GOOG TOP 20

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