GOOOG trading at narrow range,there could be a breakout coming,which way??
Yeh, you see the big head and shoulders tracing out. If it trades in the 870 860 range next week look for downside to 780 760 by June 22nd.
Sentiment: Strong Sell
I am hopeful we don't retrace back to the 50 dma $833 area. The story is still good and not hearing anything but noice (i.e. the preliminary fed anti-trust probe that will probably amount to nothing!)
with no good news to propel it higher,I am afraid it will drift lower.
It has been a great run!
$833 is doable.