GOOG breakout watch

nice bull flag breakout watch above 775.28. volume has been good

BREAKOUT WATCH for possible breakout above 775.28, no resistance in area just above.
Type: Continuation breakout from single resistance.
Target: 812.6, 5.7% Stop: 754.59, Loss: 1.8%, Profit/Loss ratio: 3.2 : 1 - Excellent

CURRENT PRICE 768.45, at resistance, 766.8 ± 8.43, type single, strength 5

RESISTANCE ABOVE None.

SUPPORT BELOW -2.2% at 751.8 ± 8.27, type triple, strength 10
-4% at 738.1 ± 8.12, type single, strength 1
-7.3% at 712.2 ± 7.83, type triple, strength 10

GOOG_2_1.png


source: http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=GOOG
 

Attachments

Goog is positive, yet, its volatility moves up. Plus it is traded at the top - how many % can we expect from a stock tat is traded at the top. It think it could be a time to go back to AAPL.
 
Back
Top