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.
