Monday, January 13, 2014

GOOG forms The Owl. Double top very likely precedes plunge.

Shares made one more attempt to bum rush the sellers and got smacked down again, confirm 1148 as the Job 38:11 moment for this bull market.  Nicely formed owl's back and ears, this one is going down.  Chart will be negated with just $5-$6 more upward push but I think the longs shot their wad on that last push.

No comments:

Twitter Delicious Facebook Digg Stumbleupon Favorites More