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Emails arrived from all over the world in response to our latest "What do you see in this chart?" quiz. The goal of the series is to see patterns in charts, without knowing the asset, price or timeframe. Here again is the quiz chart.
Score card for this quiz: 1 correct. Here is the chart with my analysis.
The Google price has created a falling channel with a series of lower highs. Crossroads of resistance appear to have turned the stock lower.
Could this global tech leader be suggesting something for the broader market?
Again thanks to all who shared thoughts via email. Best wishes until the next quiz date.
Chris
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