Google Breakdown
What do you know? I don’t say anything for a month and when I do it is about Google doing nothing, i.e. trading range bound and then look what happens. The stock falls out of bed.
Today’s opening price gapped down from yesterday. A look at the high today, 496.43, tells me the stock has made an attempt to fill the gap opening. The current price is below the opening price of $492.00. Hmm, looks like the stock’s breakout is to the downside.
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