BATS:GOOG   Alphabet Inc (Google) Klass C
1
The Bearish Butterfly isn't ideal... But being combined with the perfect Bearish AB=CD could be effective. GOOG could potentially touch $940 or $960 before reversing; but the odds are very slim. I see a double top happening and lower we go. My first target is at $600, which might be the main target. I see a similar scenario shaping up with GOOG that happened with AAPL. It has become CNBC's and hedge funds love affair. Shouting $1000 price targets at the top of their lungs. Much like they did with AAPL and ISRG. Just like Buffet said be fearful when others are greedy.

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