The Long Investor
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$GOOG TOP 20
🕑 Added 2025-04-25 11:28:36 +0000 UTC$GOOG reported after the close yesterday and it was a comfortable beat with no large concerns addressed, EPS beat by +40% and the PM loves it now up +4.5%.
We can see that the price action is up to the amber 0.38 Fib now too at $168 on this news and routing to the 50 WMA at the 0.5 Fib at $175 which we have been expecting.
I said this week that $GOOG was the best looking Mega Cap right now but at this stage entering does not make a lot of sense unless the 50 WMA is converted to support.
We are on alert for the price action to test and possibly reject there, along with the market.
Comments
Daniel
TSLA and MSFT both first to work their way through the ABC correction(Still early for both here BUT they are furthest along in terms of Wave C progress). GOOG I hope is next to follow suite.
Shaleen Deep
Can't wait for wave C. Give me sub-130 so I can retire
