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.
