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The Long Investor - $GOOG - TOP 20 -
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$GOOGL just had its worst day on record yesterday and lost around -$450 Billion in MC and it is down at $280, and this is exactly where we start to get excited!
Wave 5 topped at the 3 Fib at $391.40, the channel has broken, and now price is heading into our Buy Zone between the 0.382 Fib at $268.93 and the 1.618 Fib at $250.35.
The Street consensus is $408 from 58 analysts, with a high of $500 and a low of $325, so that is about +45% upside from here.
If we get a deeper flush, the 0.5 Fib at $227.21 is the big one, and the 200 WMA at about $200 is the ultimate floor for me.
Patience, we wait for the Buy Zone and then we add..
$GOOGL just had its worst day on record yesterday and lost around -$450 Billion in MC and it is down at $280, and this is exactly where we start to get excited!
Wave 5 topped at the 3 Fib at $391.40, the channel has broken, and now price is heading into our Buy Zone between the 0.382 Fib at $268.93 and the 1.618 Fib at $250.35.
The Street consensus is $408 from 58 analysts, with a high of $500 and a low of $325, so that is about +45% upside from here.
If we get a deeper flush, the 0.5 Fib at $227.21 is the big one, and the 200 WMA at about $200 is the ultimate floor for me.
Patience, we wait for the Buy Zone and then we add..
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