It was a pretty easy classic textbook trending day that consisted of breaking lows and reaching the next level support. See charts for further explanations.
As mentioned before, I sometimes do intraday updates on another site during market hours. Example: http://bbs.cobrasmarketview.com/viewtopic.php?f=2&t=920&start=40#p130530
GOOG: Impressive bull train, gapped up to 100% measure move which is way above the 61.8% which we believed in. Added new target at roughly $925
GS: Target has been reached, next resistances are 157 and 159.
NFLX: Up 6 days in a row, above our expectations. Another 100% measure move has been reached, next resistance is 250.
PCLN: Same thing like NFLX, it's been up 6 days in a row - truly amazing. New 100% measure move is to roughly $819.
Warning: For the GOOG, NFLX and PCLN bull trains, follow the trend until they violate support but stay on full alert and be cautious ahead because prices are getting overextended. Do not become complacent. Enjoy the trains :)
