Thursday 18 October 2012

1pm update - Google drama!

Google released earnings early (someone needs to get fired at the close of business today), and GOOG is collapsing. The main market has slipped..a little.


GOOG, 1min



GOOG, daily



Summary

*as at 12.52pm..looks like GOOG been suspended as the 10% breakers just kicked in. Confirmed.

So good to have a bit of drama on what was becoming a very boring day!

see ZH' for details!
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Primary support is around $660....with the 200 day MA @ 630s. 

Looking for weakness into the close.

back at 2pm