GOOG: Train still above the hourly 20EMA support, must continue to trust price only. Again, remember this trains are bullish until they violate support.
PCLN: The extended "easy" bull train has come to an end as it closed below the hourly 20EMA support. It is now in a shake fest/breakdown zone, which means bulls are going to look elsewhere for better setups. Ride trains while they last and adjust to market dynamics - it was an amazing ride.
In the following charts, you can see the ascending triangle failed when it broke below the breakout base and then confirmed it as a rising wedge instead.
