Google

There were too many possible targets in my earlier tout, so I've scrapped them all to focus on just one for now: 1298.59.  This Hidden Pivot could be achieved as early as Monday, but let's make sure the stock gets there before we consider the 1334.30 target I'd said earlier looked like such a good bet. A pullback to the red line should be regarded as an opportunity to get long via a 'mechanical' bid, stop 1205.77. ______ UPDATE (Apr 29, 10:35 p.m.): If you've made a few bucks on the way to the target, treat yourself to a few expiring puts when GOOG gets there.  The 1200s will probably be the highest strike you can buy for less than $1.00. This is pure speculation, so be prepared to kiss some of your hard-earned gains goodbye.

We haven't looked at Google for quite a while, but suffice it to say the stock has been moving in harmony with a half-dozen other biggies that are determining the look and longevity of the bull market.  The chart suggests GOOG is bound for at least 1334.30, with possible resistance near the all-time high at 1273.89, and at 1243.25, a 'secondary' Hidden Pivot. Just two more resistance points I'll mention because they deserve to be on-the-record: 1298.64 and 1305.16.  They come from this pattern, with the point 'A' low shifted downward to produce the higher 'D'.

I have outstanding targets as high as 1083.69, but just to be perfectly clear, let's use the crystalline one at 1066.02 shown in the chart (click on inset) for the time being. The breakaway move on Oct 27 above the red line implies the target is very likely to be reached. Hidden Pivot level p can be used to set up a 'mechanical' buy with a 951.86 stop-loss. However, because that implies nearly $12,000 of initial risk on four round lots, I'd suggest instead using the 'mechanical' buy signal thereof to craft a 'camouflage' alternative that would entail total entry risk of perhaps $60 or less. If you want to learn more about this tactic, ask in the chat room if and when GOOG falls to the 980.41 midpoint pivot. ______ UPDATE (Nov 13, 6:20 p.m.): GOOG is entering its third week of pooch-screwing price action. If you're bored but inclined to take a shot if the right opportunity should surface, consider the two possibilities shown in this chart. A single round lot (100 shares) is all I'd suggest for this gambit. ________ UPDATE (Nov 14, 8:53 p.m.): Cancel the trade, since GOOG has bounced precisely from p2=1014.01, setting up a possible 'Matt's Curse' run-up above C-1031.90.

The chart puts in timely perspective the 1066.02 target we've been using to stay comfortably on the right side of GOOG's steepening bullish trajectory. The stock could pull all the way back to the green line without doing any technical damage to the intraday charts, but I doubt the correction will go that far. For now, we'll plan on using a 'mechanical' tripwire at the red line to initiate a long position. The implied stop-loss on a straight 'mechanical' bid there would be at 951.87, but it may be more advantageous to use an alternative entry strategy such as 'camouflage' if and when the time comes. Stay tuned to the chat room for further guidance in real time. ______ UPDATE (Nov 1, 9:20 p.m.): Odds of a pullback to the red line mentioned above are not encouraging, especially since GOOG tripped a theoretical 'buy' signal today at 1029.47 that has put a 1083.69 target nominally in play (click here for chart).. We'll let it pass, but if you're more ambitious, I'll suggest using the 15-minute chart to craft a 'camouflage' entry set-up.

Propelled by strong earnings announced after the close, GOOG ripped past the 1004.28 midpoint pivot shown, significantly shortening the odds of more upside to at least 1048.03, the pattern's 'D' target. We'll make that our minimum upside projection for now, implying the stock should be traded with a bullish bias until such time as it is reached. The pattern can be used in many ways to get long for at least a part of the ride north, but for now the 'easy' trade would employ a 'mechanical'  bid at 982.40 (the green line), stop 960.51, provided the stock pulls back that far._______ UPDATE (Oct 27, 3:35 p.m.): GOOG's moon shot topped at 1048.39, ever-so-slightly higher than the target proffered above. The stock has since pulled back by nearly $27 to a correction low at 1021.19. It needs more rest, so we'll take one too. Here's a 'completed' chart that you can compare to the original one in the inset. _______ UPDATE (Oct 29, 6:04 p.m.): Once it is tan, rested and ready, expect GOOG to hit 1066.02 on the next leg up. This is a high-probability target that I expect to work almost as precisely as 1048.03 did on Friday. If the stock surprises by pushing easily past this number within a day or two of hitting it, factor in additional upside to exactly 1079.67. That is a very compelling Hidden Pivot resistance, as well as the last I am able to extrapolate from the daily chart. As such, it should be regarded as a back-up-the-truck number for getting short, presumably with a very tight stop-loss. Jot it down and set a screen alert there, for sure.

Friday's upthrust maxed out my targets on the monthly chart, topping just a few points beneath a Hidden Pivot at 978.35 that has been more than seven years in coming. Could this be the end of the line for one of the bull market's star performers?  It's possible, since the target is as clear and compelling as Hidden Pivots get. At the very least, we should expect to see a correction lasting for perhaps 8-12 weeks from somewhere very close to the target -- meaning within a few dollars of it. That would imply there's still room next week for a rally of $10 or so, or as much as $30 if traders should be irresistibly drawn to the magical number 1000. Any higher than that and I'd need to use a target calculated from a lesser-trend extension of the major trend. That would yield a 1029.04 price objective, but if it too were to be shoved aside, GOOG would be in uncharted waters, beyond my ability to to tell you within a few dollars where it is likely to make a major top. If this ain't it, that would be something new in the annals of Hidden Pivot analysis. ______ UPDATE (7:06 p.m. EDT): The arse bandits who manipulate this stock for a living trapped bulls on the opening bar with a head-fake that topped less than a dollar from my 978.35 target. That could be it for a while, since buyers are likely to be skittish for at least the next couple of days. If so, look for more weakness to the 950.21 downside target shown in the chart. _______ UPDATE (June 1, 11:20 p.m.): The sleazeballs did it again, Let's see if buyers return for a third heaping portion of rancid meat on Friday. [They didn't. GOOG

It didn't take GOOG long to undo the damage from last week's Trump selloff .  Now the stock looks bound for the 956.75 target shown (see inset), although I wouldn't warrant this outcome as a done deal quite yet, since the stock struggled a little too hard getting past the 935.88  midpoint Hidden Pivot. Subscribers who trade this monster can use a 'mechanical' tripwire to get long if the stock pulls back to 925.44 (i.e., the green line), but the actual trade should be initiated with a 'camouflage' trigger in order to bring entry risk down to perhaps a tenth of the $950 theoretical implied otherwise. This would entail using an uptrending ABC pattern on perhaps the 5- or 10-minute chart to come up with a well-formed tradable pattern that meets our needs.  Please note that we still have an even higher target outstanding -- a potentially important one at 965.59 that comes from the monthly chart. ______ UPDATE (May 23, 6:10 p.m. ET): Today's swoon affected neither the viability nor potential usefulness of the 956.75 target flagged above. Use it as a minimum upside objective for now, and short there if you're so inclined with a stop-loss no wide than 40 cents. If you use put options, tie them to the stop. _______ UPDATE (May 24, 10:17 p.m.): If the stock pushes past the 956.75 target given above, assume it's on its way to at least 959.80. Click here for the chart.  _______ UPDATE (May 25, 3:13 p.m.): GOOG's rampage today has trashed my conservative rally target. Obviously, as AMZN has demonstrated, it has eyes for the obvious round number 1000. For the record, there is just one more upside target left before the MONTHLY chart's possibilities have been exhausted: 978.35.

Focusing on a 937.97 target for the last several weeks has kept us comfortably on the right side of the trend.  I'd suggested shorting at the number, a Hidden Pivot resistance, on Friday, but because the stock missed it by 2.04, there would have been no trade. It is still short-able, but you should attempt it only if you've caught a profitable piece of the ride north, and even then with put options tied to a tight stop-loss. Otherwise, we'll give the stock a little more running room, using the new target shown, at 965.59. It has greater clarity and appeal than the one at 937.97, so we'll be looking more aggressively to get short there if and when the time comes. _______ UPDATE (May 10, 7:58 p.m.): GOOG generated a bearish impulse leg on the intraday charts today, but it would only begin to become menacing, albeit slightly, with a plunge exceeding the minor Hidden Pivot target at 923.48 shown in the chart. (See my most recent update for AAPL, which is in a similar situation.) _______ UPDATE (May 14, 11:18 p.m.): GOOG has bounced $10 after making a low cents 43 from the 923.48 target identified above. Now, use the 935.28 midpoint pivot shown (click here) as a minimum upside projection and key resistance for Monday.  An easy push past it, and particularly a close above it, would make a run-up to the 947.53 target an odds-on bet. _______ UPDATE (May 17, 11:05 p.m.): We'll want to pay close attention to the way GOOG interacts with the 914.34 pivot shown in this chart. It is my minimum downside target at the moment, but if it's exceeded by more than a couple of bucks, that would hold bearish implications not only for the stock, but for the Nasdaq Index

GOOG shredded an 866.35 rally target on Tuesday, obliging us under the rules of the Hidden Pivot Method to find a new target of higher degree. The one shown, at 937.97, can serve this purpose, since it looks not only like an odds-on bet to be achieved, but to be achieved precisely, given the dance that occurred near the 798.48 midpoint Hidden Pivot over the last five months. I see no appetizing opportunities at the moment to get long using the weekly chart , since it would require a retracement all the way to 798.48 to set up a 'mechanical' bid. However, since we 'know' where the stock is headed in the weeks ahead, we'll trade with a bullish bias for now, using such entry opportunities as may present themselves intraday or overnight. _______ UPDATE (Apr 26, 7:32 p.m. ET):  Bid 2.20 for two May 5 835 puts, day order. That's about where I estimate they will be trading if GOOG hits the 880.94 rally target shown. This Hidden Pivot looks like a rally-stopper to me, and I would be surprised if there's not a tradable pullback from within $1 or so of it. I've used a Hidden Pivot pattern to project a low for the put options as well; they ended the day at $3.70, down from $25 just a few weeks ago. If the order fills, offer one of the puts to close for 3.70, good-till-canceled. _______ UPDATE (Apr 27, 5:42 p.m.): So much for buying the puts. GOOG has taken a maniacal leap in after-hours trading on strong Q1 earnings. My plan had been to buy the puts when the stock was trading at an 880.94 Hidden Pivot resistance that looked capable of stopping the rally cold, at least for a while. However, because GOOG has already