GOOGLE is in a weird spot at the moment. It's recently broken out of its monthly wedge @ 150, hit ATH near 200, and is back at the key breakout level, 150. until 167 is broken, it is hardcore chop between 150-167.
MACD still hints selling can get much worse.. if bears keep the pressure, 135 and 126 are buy the dip zones.
Loading up here at 150 is a bit riskier, as the chart is still top heavy and looks ugly.. but a blue chip stock like google, the risk/reward might be worth it.
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