GOOG looks like it's starting a cycle up, most probably to fill some of that big gap. It's still pretty early on so it may be worth a look for you.
30 mn positive divergence
15 min positive divergence and the start of a move up from what appears to be an accumulation cycle, so it's pretty early to catch it with some confirmation.
As you can see, there's quite a bit of room to fill the gap. With what appears to be about 4 days of positive divergences, it could be a decent little run and it's close enough to support that the risk isn't high and the price has started moving so the probabilities are pretty good.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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