Options Oracle: 05/07/15

As you can see from the weekly candle chart of Google, Inc. (GOOG), the price action has formed a classic, textbook, triangle pattern. As we have learned from our experience with trading triangles, once a stock breaks out above resistance, or below support, the price will generally continue in that direction for a while before reversing the price action.


To gain access to the PDF download and video, sign up for an Options Oracle Subscription!

No comments yet.

Leave a Reply