GOOG breakout watch

Discussion in 'Stocks' started by Stocks4life, Feb 1, 2013.

  1. 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

    [​IMG]

    source: http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=GOOG
     
  2. 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.
     
  3. GOOG is still on the move but AAPL is having a nice gap fill.
     
  4. Noop

    Noop