One thing about technical analysis is if you're doing it right there is no emotion in constructing a point of view. Notice the nice, long base that GOOGL built, but that was not enough to hold the stock up through a series of distribution days that started in late August. With a series of lower highs, lower lows GOOGL is clearly in a downtrend. Read More...
One thing about technical analysis is if you’re doing it right there is no emotion in constructing a point of view. Notice the nice, long base that GOOGL built, but that was not enough to hold the stock up through a series of distribution days that started in late August. With a series of lower highs, lower lows GOOGL is clearly in a downtrend.
