$555 is major pivot area. We want to break that support and close below that support before going bearish. After huge sell of on the MARKET, we are seeing little bit of retracement which is normal.
so if we can get trigger around $550 for bearish, the next target is at around or below $530.
2 thoughts on “$GOOG: $555 Major Support Level”
Yup $555 is pretty solid support. we need to break and probably needs to close below that. Market will take huge part in this move
yea with a market probably doing lot of ups and downs next few weeks, i am not sure if we are going to even break that