GOOG 50 Day Moving Average
You have heard me talk about the moving average squeeze. There was a post I made a short time ago showing (in video) what a moving average squeeze looks like.
Now we have Google stock hugging the top of the downsloping 50 day moving average. There have been 3 consecutive lower highs. This lower high setup *can* lead to an explosive move to the upside once the stock trades above the previous day’s high.
Friday the 13th could be interesting for GOOG.
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