Why does the plug need to be pulled? Isn't there still the possibility that this goes higher?
I confess I am long GOOG. My target is $550.
I do appreciate your opinions, as I find that it helps looking at things through the eyes of others, and taking that into consideration when ultimately making a final buy or sell decision.
Nobody knows the future for sure, we can only anticipate different outcomes and assign them different probabilities, but technical analyses can tell us about particular patterns of market participants' perception of the share price and their behaviour dictated by this perception. Fundamental analyses can give us estimation of value and technical is giving us timing of our action via interpretation of dominant perception of this value by the Market.
Why does the plug need to be pulled? Isn't there still the possibility that this goes higher?
ReplyDeleteI confess I am long GOOG. My target is $550.
I do appreciate your opinions, as I find that it helps looking at things through the eyes of others, and taking that into consideration when ultimately making a final buy or sell decision.
There is always a possibility, question is what is risk/reward ratio.
ReplyDeleteDifferent opinions are helping to stay focused on your Idea, you should always make your own decision.
Do not forget to Sell your Winner, now you are chasing 10% Upside from here.
Its not surprise people always talking about the past for future stock price. All the data based is past, get real, stock market trade on future.
ReplyDeleteNobody knows the future for sure, we can only anticipate different outcomes and assign them different probabilities, but technical analyses can tell us about particular patterns of market participants' perception of the share price and their behaviour dictated by this perception. Fundamental analyses can give us estimation of value and technical is giving us timing of our action via interpretation of dominant perception of this value by the Market.
ReplyDeleteDo not worry for today downward it can change very soon based on the Results News and Upgrades.
ReplyDelete