17 October 2007

17-10-07 : GOOG direction tonite

I think this will be the million dollar question. 2 days before earning announcement on friday 19-10-07, which direction will the stock goes? This is pre-earning play, and its important to know with precision.

Lets review our technical signs, and deduct the most possible path for GOOG tonite.

15min chart :



5min chart :



Daily, 15min and 5 min charts are all bearish.
Thus expected path of action tonite for GOOG is downfall.

Down. Down. Down towards $610.

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