Tuesday, June 12, 2012

GOOG Update

As always, price is deceptive. GOOG is ugly, but I wouldn't write off a trade there just yet, in fact it looks to be in pretty decent position. Look at what GOOG has been up to while looking ugly.

 GOOG daily-for a speculative long a stop could be placed below today's lows.


 And sneaky, check out these chart- 1 min

 2 min

 3 min-all good confirmation

Even the 15 min, I'd consider taking this as a speculative swing trade and see if it gives more.

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