outside_trader0

outside_trader0 Updated 

30 year trend clearly shows overvaluation and a correction due.

outside_trader0

I would consider the trend line a safe place to get in. Also the intersection with the strong support at 145 is a very bullish point, IF it gets there. Otherwise, just want for GOOG to reach the trend line. Worst case scenario, if the bear market does take place, today's position will recover in about 1.5 years.

outside_trader0

I would consider the trend line a safe place to get in. Also the intersection with the strong support at 145 is a very bullish point, IF it gets there. Otherwise, just want for GOOG to reach the trend line. Worst case scenario , today's position will recover in about 1.5 years.