I have been expecting Google to drop to support near the bottom of its current price box shown in the hourly chart above. But the market has found support at the 1/2 point of this box and is trading sideways. Since I am short term bullish on the S&P I have to conclude that Google is heading up from here, probably into the 327 - 330 zone near the 1/2 point of the next box. I still think GOOG will reach 376 (or higher) by the end of the year.
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