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Registered User
Joined: 10/7/2004
Posts: 2
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I'm wondering what people think about Google right now. It's filled the gap from earlier in the year without violating the support at the high before the gap and today looks to be a key reversal day. I'm thinking this is a very low-risk entry point for Google with stops at the previous breakout highs.
Thoughts?
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Registered User
Joined: 11/1/2005
Posts: 240
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Did you get in, I don't use stocks above 90, there is resistance on a short term down trend and intermediate trend. when I become an expert I'm gonna day trade goog.
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Registered User
Joined: 10/25/2005
Posts: 145
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TMFBogey: Looking at different timeframes I see the following:
For today..........I think it has to hold the 476.52 level
DAILY chart.....sideways trading range prevails....above 513.15, and I'll take another look at it.
WEEKLY chart....currently in oversold territory.....I'd want to see it move above 562.40 to get excited.
MONTHLY chart...in a downtrend approx. YTD, like to see it move above 646 to start a fresh uptrend.
Like jimstacy, I'd love to get a great system to daytrade GOOG. Let me know when you figure it out.
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