$GOOG - Significant Top Reached ... Our Bearish Scenario

GOOG - Significant Top Reached - 4xQuad identified two narrow ranges imposing a significant resistance to #GOOG, namely:

TG-1 = 1030.29 and TG-2 = 1055.52

Other important targets are for the following scenarios:

Scenario #1 - Bearish: TG-Bear = 738.59
- Expect this scenario to occurs if the current levels do impose the expected resistance and cause price to unwind before any further realistic lofty pushes.

Scenario #2 - Bullish: TG-Bull = 1366.23
- In this scenario, our system has identified this loftier target as the next significant overhead resistance.

OVERALL - Overall, we expect "Scenario #1" to be most probable at this point.


4xQuad, LLC
Denver, Colorado
USA