GOOG TRIGGER LEVELS
Bull Scenario
[Path 1] GOOG triggers Bull to Mark Up into our Bull Targets
[Path 2] GOOG finds support at our Bear Trigger to Mark Up into our Bull Trigger
Bear Scenario
[Path 1] GOOG triggers Bear into our Bear Targets
[Path 2] GOOG finds Resistance at our Bull Trigger and Marks Down into our Bear Targets
Neutral
Price action stays within our Trigger levels (inventory rebalance)
Side Note
Each level has potential to reverse not all targets may be met.
[Path 1] GOOG triggers Bull to Mark Up into our Bull Targets
[Path 2] GOOG finds support at our Bear Trigger to Mark Up into our Bull Trigger
Bear Scenario
[Path 1] GOOG triggers Bear into our Bear Targets
[Path 2] GOOG finds Resistance at our Bull Trigger and Marks Down into our Bear Targets
Neutral
Price action stays within our Trigger levels (inventory rebalance)
Side Note
Each level has potential to reverse not all targets may be met.
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