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2d TradingSwing trading and short-term picks |
A closer look at GOOG
Posted on 09/27/2006 00:00 AM | Link | Post Comment
I took a closer look at Google((GOOG) today. I use to look at the charts in more time frames, normally 60-minute and daily because I am a short-term trader, but the weekly chart of GOOG looks pretty interesting. The stock is moving in a broad Symmetrical Triangle since January and it seems to be ripe for a nice move. The odds in this case favorite the upside, but I like to trade triangles like pure bilateral setups, this just because it worked well for me in the past. So put it on your watchlist and wait. The price self will tell you the direction to trade.

Chart Courtesy Of:

Chart Courtesy Of:
- Market Action
- Weekly Review
- Market Data
- the Features Are Trading Lower Now Following The ...
- Last Week´s Picks
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