GOOG Charts

GOOG has a recent storied past, on 4/18 we opened some long calls... The very next day on the 19th, we sold those calls for a +56% profit for 3 hours of market exposure.

I posted on April 19th, "I Think GOOG Has More Upside", however probabilities are not the same as high probabilities and a low risk entry.

So here we go again...

GOOG charts...

 Here's the 3 hour, +56% trade.

 Here's GOOG on a 1 min chart with distribution at the pullback/top, but recent positive divergences, this is what I'm interested in short term, longer term GOOG as a short is an interesting position that I've been looking forward to as a new position or an add-to.

 3 min positive in to the pullback..

 And even on the 5 min today which is what I needed to see as this is where institutional movement starts.

The 10 min chart shows why I want to short GOOG in to any price strength for a longer term position.

 The longer term 60 min chart also shows the negative divergence as well as the more recent negative divergence on this most recent run.

This is the VERY short term intraday momentum screen going from negative to positive