buy GOOG earnings on weakness
Greetings all,
I am looking to buy GOOG on weakness in the share price following the quarterly earnings report.
Support at ~1200$ used as a buy opportunity with a tight 2-3% stop
RSI still firmly bullish and i would not expect a steep drop
MACD very bullish
Take profit around 78% fibonacci retracement from all time highs around 1400$ (no rush to sell this stock)
Challenging real world economic conditions will favor large cap companies with strong balance sheets, industry leading positions and steady profits.
I am looking to buy GOOG on weakness in the share price following the quarterly earnings report.
Support at ~1200$ used as a buy opportunity with a tight 2-3% stop
RSI still firmly bullish and i would not expect a steep drop
MACD very bullish
Take profit around 78% fibonacci retracement from all time highs around 1400$ (no rush to sell this stock)
Challenging real world economic conditions will favor large cap companies with strong balance sheets, industry leading positions and steady profits.
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