Day
Trading Google Inc (NASDAQ: GOOG)
Google Inc (NASDAQ: GOOG) stock really likes to mess with
people. The stock comes out with killer earnings, gaps up 40 points, and has
the majority thinking it's time for it to continue to rise to the 500 level.
Well that may happen sometime soon, but as for now it looks like GOOG has a
little more
downside action ahead of it.
Since gapping up after their earnings report, GOOG has gradually moved lower filling the gap more and more each day.
It looks like today may be the day it finally fills it all the way. The fill of the gap started with a 45 degree down trend, then turned shaper into an
acccelerated down trend. 4 more points and the gap is completely filled. Our Classic Daytrading
system is going to look for an early shorting opportunity.
Happy Trading,
Andy Swan
co-founder, DaytradeTeam
P.S. - Swing Trading is the art of capturing profits in trending stocks in a relatively short amount of time.
SwingTrades.com offers Swing & Day Trading Strategies for the full or part-time trader.
Ken Matsumato, who succesfully runs the Swingtrades, is one of the most consistently profitable traders, often recording gains month after month. As of now, he is averaging 36.02% profit per month with Day Trading and 10.77% with Swing Trading Systems!
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