GOOG - Final Corrective Wave Down Ahead
I believe GOOG is in the terminal corrective wave in a pattern that has spanned close to 12 weeks.
It's oscillated around the median line and I believe this ultimately resolves to the down side and will tag the lower channel line.
The breakout/breakdown from this corrective pattern will result in a significant move. There's a lot of volume/energy represented there.
Weekly LOG Chart:
It's oscillated around the median line and I believe this ultimately resolves to the down side and will tag the lower channel line.
The breakout/breakdown from this corrective pattern will result in a significant move. There's a lot of volume/energy represented there.
Weekly LOG Chart:
Kommentera:
