Google 4th Quarter Earnings
Google made a big “splash” with earning’s announcement.
As often happens when great news comes out, the stock made a large gap to the upside to a new all time high.
While the stock closed up respectively from yesterday’s closing price, the price action was less-than-impressive for the day (unless you sold short on the open!).
The linked chart shows the likely Fibonacci support levels based on the recent upswing. Coincidently, the 50% retracement is at yesterday’s high.
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