By Sell Puts
If you paid attention to the NASDAQ today you noticed it was down over 2% while the the overall market was down a mere 1%. This is the case because tech has been the front running in this market, some names gaining large amounts in the recent months. one tech i have been focusing on, and many of you have also is GOOGLE. i posted back on April 13, http://ad.vu/9hs2 showing google's trend, looking for 415 medium term. As of yesterday GOOG hit 410, close enough. anyway google looks as if it could be breaking trend, pulled down by other NASdaq names. The chart to the left has the area of targer highlighted. IF you notice the upper channel line has been move up, i did this to show how the channel is in crescendo.
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