GOOG...hard time at 480

looks strong to me. nice flag following the earnings breakout, which tests out well - according to bulkowski's research. personally, i like it. i made 80 points in two weeks, but would like to buy it back if it breaks out of this little consolidation.
 
Quote from dac8555:

It seems our good friend GOOG is having some trouble at the 480 mark.

Who is looking for a play here?
More...

My play would be on a break through $492.

The stock looks a bit neutral at the moment.


Thanks

Damian
U.S. Share Trader
 
Quote from dac8555:

It seems our good friend GOOG is having some trouble at the 480 mark.

Who is looking for a play here?
More...

yeah, hi, glad i didnt take that trade.
 
If it has hung around here as long as it has I agree that it is a fairly bullish flag and has to break through $500 just to test the waters. GOOG is still a must own for managers. I wouldn't be surprised by $525 as a Xmas gift to longs.
 
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