Thursday, February 9th, 2017

Some charts $GOOG $PCLN

Here are some bullish charts for this week. The move in GOOG my have been over as it nears its top. There is an exhaustion gap and and its also hitting Bollinger bands hard. GOOG had very good run in the last 2 weeks and still in an uptrend, unless broken. Please click on charts to enlarge.

GOOG

PCLN

PCLN on the other hand is coming up from the bottom where it fell down on an earnings report on August 9 and has a rising trend line. It’s breaking a long term downward trend line here. Targets 680- 690 here

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