As you can see from the weekly candle chart of Google, Inc. (GOOG), the price action has formed a classic, textbook, triangle pattern. As we have learned from our experience with trading triangles, once a stock breaks out above resistance, or below support, the price will generally continue in that direction for a while before reversing the price action.
Options Oracle: 05/07/15
Posted on May 7, 2015 by AJ Monte in Options Oracles

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