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PeakTrader.com Economics, Portfolio Optimization, and Technical Analysis
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arthur Guest
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Posted: Wed Jun 15, 2005 12:48 pm Post subject: GOOG Chart |
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The daily chart shows GOOG created a bullish doji today. However, it's below the bearish head & shoulders at 275, which is major resistance. Major support is in the 250s and 260s, which is a small congestion area, and then the 220s, which is a consolidation area. There's an open gap at 293, and a retest of the top at 299 is possible. It seems, GOOG closed in the middle of a 250 to 300 short-term range today, which may explain the (indecisive) doji.
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