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Tuesday, November 06, 2018 10:31:50 AM
By: Mike Paulenoff | November 5, 2018
GOOG-- Despite recovering nearly 12% during last week's rally, let's notice that GOOG failed and turned down right at key resistance along its series of lower-highs established off of its 7/26/18 all-time high at 1277.67. As long as the series of lower-highs remains intact, GOOG will be challenged technically, and otherwise will be vulnerable to retesting and breaking the Oct. low at 995.83 in route to a test of multi-month support at 980-985... Last is 1028.85-1029.65
https://www.mptrader.com/middaymarkets/GOOG-Pivots-Down-From-Key-Reistance-at-1100-What-New-20181105113433.html
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Information posted to this board is not meant to suggest any specific action, but to point out the technical signs that can help our readers make their own specific decisions. Your Due Dilegence is a must!
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