Thursday, December 2, 2010

GOOG


GOOG could be setting up for a nice short side trade. After a nice high volume down day, the stock has limped up and formed narrow range candles the past two sessions. the stock is still trading above the 200 day moving average, which demands respect, but it can be watched for an aggressive entry, with good risk reward, as seen by the first two downside targets mapped out.

tiny

tinymjs at gmail dot com

No comments:

Post a Comment