Starting 7.16.19 at 10:30AM ET, Lifetime + Crypto Lifetime is 75% Off. $199.95 and $99 For Annual Click here to join! 36 Hr Sale!

I use Coinbase for bitcoin trading. THE BEST and from what they say, never been hacked...Click below..


This is the long term elliott wave forecast for Google (GOOGL) based on the 10 year chart going back to the IPO.

Best case scenario:  Recent ABC flat correction was a W2 before 3 of 3 or W3 of W3…highest target could hit as high as 1100-1150 before retracing in a W4…that’s still a long way to go, but..the problem is this…

Worst case scenario:  The recent retracemnt from 620 to 495 was a .382 W4 ABC flat..if this is the case, it’s currently in a 5th wave, and pretty damn near it’s 618 X w1 + w3 target.  618 X w1 + W3 is the most common 5th wave I’ve seen since the 2009 low, and that target is right at 780-800, which is REALLY close to where it hit recently.  If this is the case, upside would be capped here big time in the 780-800 range and by Jan of next year we could see a huge descent in a corrective W4 or W2.  W4 would be back to 500-550, but W2, as low as 280-300.  I’m not good at calling tops and really don’t want to see that happen with Google, but it damn sure looks like 5 waves up.

Where I’m leaning:  If this is 5 waves up in Google, avoid at all matter how tempting this thing may be..the downside risk is super enormous.