Hello Traders!
Well today was going great till after hours and we got Googles earning which were a major miss. The market is headed back down but I believe its just a retrace before continuing higher... Lets see if this plays out... I think the market will ignore google as it hasn't been in the Ai game that much and focus on other companies which aren't having as hard of a time.
So as long as we don't go below the low and reverse I suspect around the .786 it could form one of my favorite patterns the inverse Head and Shoulders which would indicate more up if it breaks the neckline...its the which line drawn across the peaks.
Well lets see if the Ai trade dies because of Google or if it just chooses to continue on as I suspect tomorrow.
Stay Tuned!
Well today was going great till after hours and we got Googles earning which were a major miss. The market is headed back down but I believe its just a retrace before continuing higher... Lets see if this plays out... I think the market will ignore google as it hasn't been in the Ai game that much and focus on other companies which aren't having as hard of a time.
So as long as we don't go below the low and reverse I suspect around the .786 it could form one of my favorite patterns the inverse Head and Shoulders which would indicate more up if it breaks the neckline...its the which line drawn across the peaks.
Well lets see if the Ai trade dies because of Google or if it just chooses to continue on as I suspect tomorrow.
Stay Tuned!
Note
Trade closed: stop reached
A Big Miss... was kinda a hopism chart that I didn't feel super good about. 
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.