As you can see from the 3-year weekly chart of Google, the stock rallied quite a bit in 4-weeks ago and just after a bullish engulfing showed up on the chart. This week, the stock is showing a long shadow above the candle, which suggests that the sellers are starting to move into the stock.
Options Oracle: 08/07/15
Posted on August 7, 2015 by AJ Monte in Options Oracles
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