QuantinvestGER

GOOG now short but still long?

NASDAQ:GOOG   #NASDAQ:GOOG-Symbolbeschreibung
Hey everyone,
Google made it's way to ATH but now the party is over, at least for a short time. As you can see there is a SHS formation and the reaction was bad. But the stock will face a few support zones, as the yellow lines and the green box, as well as the Fibo Retracement, shows. The DEMA and SMA also show a short signal since friday. BUT chances are good google turns back long after hitting the green box.

Entry: 1441$
Stop: 1400$
Goal: 1622$

Much fun with that trade!
Leave a follow, my goal is 200 :)

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