Hi friends,
I don’t share my opinions about stocks too much, but this time I will
From my view, Google is completely extreme and within several weeks will begin it’s bearish period again.
Here is why I think so:
That’s the weekly chart (Click to enlarge):
As we see BB depth is duplicated and RSI reaches extreme.
Daily chart (Click to enlarge):
Here we see a CLEAR bearish divergence and that’s why I am convinced that we are reaching a top for Google and bearish period is ahead of it.
The target I can imagine is the trend line level.
Good luck
Yours,
Vladimir Ribakov
www.vladimirforexsignals.com
