"Everyone has a plan 'till they get punched in the mouth" - Mike Tyson

June 25, 2013

Quick look at Google

We have a wedge in a leading stock!  This pattern tends to lead to trend continuation.  Note the relative strength is actually increasing.  However, if this breaks lower and below the 50D SMA at 860 we have another signal to stay clear of stocks in the short term.  


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All ideas shown on this blog represent the authors opinion based on the data available.