View: GOOG_March232015.jpg


Google's weekly & daily charts appear ready to rollover. 

Note the touch of the downtrend line, following pop post-earnings. 

Another test and rejection of that trendline should set-up an interesting risk/reward opportunity between $570-575


Update March 24th: Goog pulled into the resistance area, but never reached the downtrend line, nor $575. 
I was going to wait until close before seeing if enough IVR was there to sell May call spreads 1 SD away, but that whoosh lower into EU close killed the chance. 3/24/15
And today's sell-off (March 25th) is what I get for being cautious 3/25/15
UPDATE 4/1/15 - GOOG beneath $541, and a I feel like a idiot for waiting on another trendline touch. 4/1/15