Tech, Trades and Ideas

Trade Idea: Short GOOG

[[GOOG]]

Is this a no-brainer or deceptively obvious?

Factors pro shorting:

  • Open gap up
  • Week volume on the ascent
  • Strong Rising Wedge pattern (bearish)

goog-20140221

Stochastics and MACD are also drooping slightly.

goog-oscillators