The trends

First, we need to look at GOOG's long-term trend, the long-term trends always override the short-term corrections.

Long-term - means on the monthly/weekly chart, the stock has either higher high higher low for uptrend . The trend shows up on my charts as blue sky candles. On downtrend, the candles shows bright red.


We need to look at GOOG's monthly chart, weekly chart, then daily chart and hourly/tick charts to give it a microscope analysis.