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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