Stock Market Chart Analysis
My blog tries to Analyse the trend and patterns of stocks, Futures, Commodities and Forex Markets
May 17, 2013
GOOGLE Bearish candlestick patterns
Google daily and hourly charts has prominent Bearish candlestick pattern.
Two Dark cloud cover patterns marked in daily time frame. Hour chart shows a bearish engulfing pattern.
Price closing the hourly GAP and closing below the 50 hoiur SMA or up trend line may give a meaningful correction.
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