Google Long TermOn the Chart, my primary count shows that Google is not quite done with SC Wave 1. However, labeled in turquois, is my ALT count which suggest we finished SC (I) and have started to head down for SC (II). Either way, rather my black prevails, or my turquois count is correct, we're headed lower. Turquois suggests we're headed as low as HKEX:20 , whereas black suggests a target of HKEX:30 - HKEX:70 with HKEX:40 - HKEX:50 most likely.
I understand that is a large target box, but until we get more solid information, I cannot give more detailed boxes on the long-term outlook. However, this wave IV should end somewhere around the previous wave 4 of a lesser degree, between the 0.786 -1.0fib lines, & the 0.382 retracement fib. All of this points to the HKEX:40 dollar level...thats a 50%+ decline!!
Bonam Fortunam,
--Tyler
