Google's 6 Month Cycle
The above chart should not be a surprise to you if you've been reading my blog these past few months.
The 6 month cycle low that took place last March turned out to be accurate because since then GOOG as rallied to an all time high.
The next 6 month cycle low for GOOG is due around September of this year. It's quite possible that a high was put in last week and now GOOG will trend sideways to lower going into the next cyclical low due in September.
As far as i am concerned, I will leave GOOG alone for now and await the next buy signal which is due in about 3 months assuming things line up like they did last March.
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1 comment:
Hey Kevin:
Welcome back, I just found out you were back blogging...yea!!
Looks like goog might have an inside week this week. It will be interesting to see which direction the breakout occurs.
Regards;
Adam
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