Bearish Target @ 456.21 | $GOOG $GOOGL #NASDAQ
Rationale: Pure technical
- Predictive/forecasting model
- Gap pending
1 - Predictive/Forecasting Model:
- Target = TG-Lo = 456.21 - 04 DEC 2014
2 - Pending gap favors similar technical demand
3 - Structure:
Overhead resistance proven @ 567.45
- IF price break > 567.45, bearish target invalidates if closes > 598.58
- Targets affirmed at break < 518.41
David Alcindor
Predictive Analysis & Forecasting
Denver, Colorado - USA
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Twitter: 4xForecaster
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- Predictive/forecasting model
- Gap pending
1 - Predictive/Forecasting Model:
- Target = TG-Lo = 456.21 - 04 DEC 2014
2 - Pending gap favors similar technical demand
3 - Structure:
Overhead resistance proven @ 567.45
- IF price break > 567.45, bearish target invalidates if closes > 598.58
- Targets affirmed at break < 518.41
David Alcindor
Predictive Analysis & Forecasting
Denver, Colorado - USA
----------
Twitter: 4xForecaster
----------
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.