Goog - H/s?

Discussion in 'Technical Analysis' started by Babak, Aug 10, 2005.

  1. Babak


    Guys, is there a H/S formation completing on Google or what?

    Late June left shoulder. Mid July head. Early August, right shoulder.

    From the way I've drawn the neckline, today's close will be almost at the break level.
  2. Ditch


    This one looks good, volume is highest on the head, the right shoulder is lower than the left and the neckline slopes downward, still I would wait for a pullback to be on the safe side.
  3. Babak


    It wiggled a bit at the neckline and finally broke down with a gap today.