Could we go short on Google Guys?
I believe so, here we have it, prices currently above the 1140.00 Region.
We could see a potential downward pull to the 1040.00 Region, however prices would have to break out of the current congestion area with decent volume.
HAVING SAID THIS.
I believe that we still run the risk of prices reversing to the upside, essentially wiping out current resistance, regardless, for now my bias is still short with an expected target price of 1040.00.
TP: 1040.00
I believe so, here we have it, prices currently above the 1140.00 Region.
We could see a potential downward pull to the 1040.00 Region, however prices would have to break out of the current congestion area with decent volume.
HAVING SAID THIS.
I believe that we still run the risk of prices reversing to the upside, essentially wiping out current resistance, regardless, for now my bias is still short with an expected target price of 1040.00.
TP: 1040.00