It's all about this $10 range
John F. Carter 1/23/2012
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John is watching Google. There is an important low in the daily chart at $560. The stock is actually bullish unless it breaks through this low. The range was only about 10 points. If, on Monday, it breaks out of the range to the low side, it will probably go down to retest the $560 low and if it breaks out of the range on the long side, it will probably fill at least half of the gap. John thinks that Google will be a good indicator of the rest of the market.
John and Hubert are doing a webinar on Tuesday in which John will talk about how to successfully trade a small account. The webinar starts at 8:00pm ET.
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