*GOOG, SeriousMoney, ok I understand what you are saying now, the first qualifier is the 'target' area being reached, and that is likely to occur this week, or potentially next... if that is tagged within the area I've outlined in the chart and if it holds up as the top, and then the next move becomes a move and downside breach of the lower trendline within my proposed 'bearish rising wedge,' than and only than would my speculation play out and my longer-term target of $189sh-$194sh be given... it may even retest the lower trendline to confirm the breach before falling towards the target I outlined...
It's all speculation at this point by me, but the rising wedge is not, it may in fact break to the upside... but it is definitely a 'rising wedge' in the world of Technical Analysis...
bullish or bearish? You decide...
I'm saying bearish because of a number of reasons not limited to fundamentals or technicals but a vast array of broader market sentiment at this point in time...