We appear to be in the final wave of a major bull run that began all the way back in 2005. If this count unfolds as expected, Google could potentially rally toward the $350–$620 range or even higher representing a gain of over 200% from current levels. This would mark the completion of the fifth and final wave before a major long-term correction sets in.
That said, it's important to stay cautious. A sustained break below the current gray wave 5 would invalidate this scenario and suggest that the long-standing bull cycle may already have come to an end.
That said, it's important to stay cautious. A sustained break below the current gray wave 5 would invalidate this scenario and suggest that the long-standing bull cycle may already have come to an end.
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