Wednesday, January 11, 2006


Here is a daily chart of Google.

GOOG is stalling at short term resistance at 470 but support stands at 446 so any break from here will be modest. Next upside target is 495 near the 5 and 1/8 multiple of Google's low tick at 95.96.

As long as GOOG is leading the market upward I see no reason to think that this move up from the 96 level is over.

1 comment:

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