Here is a weekly chart of Google. I last commented on this stock here.Google continues its upward march to the tune of the Fibonacci series. The current upside target is 564 which is 233 points up from the March 2006 low at 331. If Google is stronger than I expect the next two Fibonacci levesl are 610 ( a Fibonacci number itself) and 705 which is 610 points above the 95 trading low in 2005. I note also that 708 is 377 points above the 331 low.
2 comments:
carl:
do you still think JULY 14th will be the medium term top for the mkt? thnx
Carl:
Do you see a retest of the markets like 3 peaks a nd a dome scenerio
Also, can you update up adn down tagerts for all the hi-fliers
AAPL,AMZN, BIDU GOOG RIMM GS ICE MA NMX NVDA RVBD RTP PCU SNDK
Thanks....Ravi
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