I'm initiating a position in $GOOG at market open tomorrow. There was some kind of glitch, and the chart looks really funny, so I decided to post it for posterity. The folks at Zerohedge were gloating, looking at the stocks limit down after this glitch, it's actually just that, and in fact, trades that might have taken place were reversed as far as I know.
Either way, price hit support -before charts got messed up- so it's a really reasonable place to enter a 10% long position in $GOOG once more.
For reference, this is the way the chart looked on close:
Happy Independence Day to all Americans, and remember to go long burgers... www.zerohedge.com/ne...op-grilling-day-year
Cheers,
Ivan Labrie.
Either way, price hit support -before charts got messed up- so it's a really reasonable place to enter a 10% long position in $GOOG once more.
For reference, this is the way the chart looked on close:
Happy Independence Day to all Americans, and remember to go long burgers... www.zerohedge.com/ne...op-grilling-day-year
Cheers,
Ivan Labrie.
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Bought at the open today...if the last 2 daily bars were a single bar, they would look like this (in candle form):
Looks quite bullish to me.
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