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Strategies & Market Trends : TA setups-ex th traders -- Ignore unavailable to you. Want to Upgrade?

To: tom pope who wrote (5728)	2/3/2005 2:12:31 AM
From: cthruu	Respond to of 7682

As I have said before, GOOG is not for faint at hearts. However it gives pretty good trading opportunities on 15 min charts. One needs to watch it intraday and if you can't, forget about it. Here is today's chart - I could not take the trade because I had to be at work. Opening gap reversal and failure at 114 would have been the first tipoff. A break of the channel at 112 would be a nice shorting opportunity. Still, 112 is resistance and a bear flag or channel failure tomorrow from around 207 should be a shorting opportunity. The last three legs off of 50 bar MA are on a low volume and I expect this guy to revisit 193-195 zone. ttrader.com\'s%20charts&id=879&d=2