August 10, 2013

GOOGLE Triangle pattern

  • Google shows a symmetrical triangle at the top of the trend. Weekly indicators are looking overbought which may result in a bearish breakdown. Price closing below the support line may target 100 day sma initially.
  • Strength in daily chart only if price moves back above 50 and 20 Day SMA.
  • APPLE Weekend update

No comments:

Post a Comment