I have a starter short position on for GOOG. And on the updated daily chart you can see the breakdown from a well-defined sideways channel this week. Today, the stock bounced up to $855 was rejected.
While it’s true, some marquee names in the Nasdaq like FB LNKD NFLX TSLA remain incredibly resilient, others like Google are showing wear and tear.
I will discuss this divergence and a few other topics on my video market recap after the bell.
See you there.