Monday, August 08, 2005

GOOG CHART

GOOG is sitting right a the 50 dma but still has a gap to fill down to 266. If GOOG can bounce off the 50 dma again I would be a buyer. If it breaks support it could go down and fill the gap at 266 and go back in oversold territory. Posted by Picasa

1 Comments:

Blogger jwu said...

question about gaps... what characteristic about them causes them to have be "filled'?

its become a rule of thumb i've picked up from reading other people's TA, but i dont really understand the logic behing gap filling.

1:12 AM EDT  

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