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Home » Elliott Wave Analysis of Google Inc
US Stocks outlook

Elliott Wave Analysis of Google Inc

RamkiBy RamkiMarch 13, 20124 Comments1 Min Read
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My comments giving Elliott Wave analysis of Google Inc (NASDAQ: GOOG) appeared on Forbes on 12 March 2012

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View 4 Comments

4 Comments

  1. sc110786 on March 13, 2012 10:13 pm

    Hello Ramki,

    What did you think of Google’s move today ? If it goes above $627 (appears likely), wouldn’t that still be valid for your theory since it could be carving out a wave 2 correction on the larger wave C ? Love your book by the way. Thanks.

    Reply
    • Ramki on March 13, 2012 10:45 pm

      Hello SC,
      Yes there is no change to the outlook at present. Bear in mind that I am not recommending a sell short. Just that we should be prepared for a decline. I can’t see any fundamental reason for the move, but something will trigger it. Lets be patient

      Reply
  2. Richard on March 19, 2012 11:35 am

    You wrote recently about Google and concluded with:
    “A final few words is appropriate. When shall we agree that this (Elliott Wave of analysis of Google)…..is wrong? I will concede that something is amiss if the stock goes above $627 directly.”

    So, Google stock HAS gone above $627 “directly”. What is your interpretation?

    Reply
    • Ramki on March 19, 2012 8:16 pm

      Hi Richard, thanks for writing. I will post an update today.

      Reply

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