Tuesday, March 30, 2010

GOOG Trend Model

Below is the GOOG Daily Trend Model chart.  GOOG is currently on a Daily SELL, the stop/reversal level is 571.84.  Thus, there are about 10 points of risk in this trade, while if you look at the early January Sell Signal, it was good for about 100 points on the downside. 


GOOG Daily Trend Model


GOOG, along with GS, AAPL, AMZN and BIDU are the original five stocks in the Trend Following service and all have continued to perform well under the parameters of the system.