Google: Short-term technicals

January 10th, 2007 • Related • Filed Under




Google (GOOG) recently formed a common charting pattern known as a symmetrical triangle. This is a typical continuation reaction when a security makes a run (bullish or bearish) and needs to regain lost momentum before making another push.

We shall see what happens next!

Google GOOG

There Are 2 Responses So Far. »

  1. Comment by Bubs on 11 January 2007:

    good call it started the move today. Lets see if it can go higher tomorrow. First time visitor, nice site.

    Bubs

  2. Comment by Stephen Oakes on 11 January 2007:

    Bubs,

    Thank you for stopping by and for your compliment on my analysis. I love to see comments and hope that you will return again soon. If you like what you see don’t forget to tell your friends and family ;)

    Also, If there are any particular stocks that you would like me to analyze/discuss, let me know.

    Best,
    Stephen

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