GOOGLE ($GOOGL) - Divs, divs and more divs. Which side will win?
A quick glance at the Google chart shows clear, long term bear divs on both the weekly and daily time frames. This "correction" was long due, and is resulting in clear hidden bullish divergence (yet to be confirmed) on both the weekly and daily charts. Price touched a major demand zone, making this ripe for a bounce if the market behaves, and tech stocks do not continue their dip.
scott.melker@texaswestcapital.com
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