What just happened to Google? 9.40% crash and more to come
Well that was unexpected.
According to my sources, Google came out with positive results (despite them not being as good as Microsoft). And yet the price crashed already 9.40% without the fail safe switch on yet.
Technically, it's formed a Breakway gap.
These don't close as quickly as other gaps, but if the trend stays down.
It is likely to head to $111.50 next.
The M Formation that failed to break above the resistance also shows the bear trend for the market.
So do you know what happened to Google? Or is this Smart Money buying the heck out of it?
I doubt it...
According to my sources, Google came out with positive results (despite them not being as good as Microsoft). And yet the price crashed already 9.40% without the fail safe switch on yet.
Technically, it's formed a Breakway gap.
These don't close as quickly as other gaps, but if the trend stays down.
It is likely to head to $111.50 next.
The M Formation that failed to break above the resistance also shows the bear trend for the market.
So do you know what happened to Google? Or is this Smart Money buying the heck out of it?
I doubt it...
✅ Facebook:
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𝕏 (Formerly Twitter):
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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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