Seems that wave 1 finished and wave 2 is in process which will be likely a zig zag ending around 683 which leaves a wave 3 target at 745.50$
Three clear patterns together in google, double floor at 663$, hammer yesterday and island reversal today make google a very attractive stock to buy right now, setting stop loss just below 663$
Gap closed and new impulse started, should stop at 7.45 or 8 and then fall in 5 waves to 5.45 to finish this flat correction. Then a new upwards cycle should start
Island reversal spotted at the end of B wave, will expect at least a fall until 5.50 forming a flat correction. If 5.50 support is broken next target is 4.60/4.50. My analysis will become void if PBR reaches 6.90 closing the gap in the Island reversal.
Buy PBR at 5.84 target 7$ stop loss 5.75 After reaching 7$ PBR will continue its fall until 5$ at least.
Buy at E (400$) or buy at 450$ if breakout occurs before. Stop loss set 10 $ below buying price.