Solid day for Google (GOOGL) today despite its desire to close as close to $700 without actually going over it ($699.95 to be exact). But also important is the move above the new breakout level and there was really no struggle whatsoever with it. This bodes well as the week progresses. Though with earnings on Thursday, there is no way I will hold it beyond its announcement. So even with the nice breakout, there is only a few days left for me in this trade before I will be booking profits.
Here’s the Google Chart:
