Friday, September 09, 2005

Google Boxes

Here is the updated hourly chart for Google.

The market has moved decisively above the 1/2 point of its current box near 292 and I expect it to reach the top of the box near 318 in a couple of weeks. The next target after that will be the 1/2 point of the next box near 343. I think GOOG will rally at least to 376 during the next 6-9 months.

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