SamSuka
The Long Investor
The Long Investor

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$GOOG TOP 20

Same ongoing theme with $GOOG here, in a bearish formation, RSI and MACD were into the over extended area and then rejected. An irregular head and shoulders pattern here too but remains valid.

Bulls will like that this is outside the downward channel and above the 200 Day MA and Bears will be watching that this is still in the bear channel.

So What Now?

Needs to break out of this formation, above and the bulls have it and below then it is likely to end up back into the red channel again.

I can see a path to the red wave B and Y and then rejecting, like $AAPL and $MSFT, looking extended and they could all move together.

$GOOG TOP 20

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