GOOG, near term target 430, mid term 520
(2006-09-18 09:21:51)
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I know realesatet has a target on 417. He's got terrific TA so I risk a big chance of being laughably wrong, but here is my reason:
GOOG broke out the triangle at 405, (I've posted too many GOOG chart so I'd save some bandwidth this time), the chasing and squeeze buy should give it a reasonably good push given that it has consolidated in a narrow range for the last few weeks,
405 + (405-380) = 430,
stop win order should be set at slightly above 415, and trailing up,
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mid term target is 520 = 360 + (470-310)
as in
http://web.wenxuecity.com/BBSView.php?SubID=finance&MsgID=499083
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