Google appears to be setting up an "Island Gap Reversal Pattern" 🏝️
Characteristics of an Island Gap:
1. A lengthy trend leading into the pattern. ✅
2. An initial price gap. ✅
3. A cluster of price periods that tend to trade within a definable range. ✅
4. A pattern of increased volume near the gaps and during the island. ✅
5. A final gap which establishes the island of prices isolated from the preceding trend. ✅
Target: 105-108 😱😱
Characteristics of an Island Gap:
1. A lengthy trend leading into the pattern. ✅
2. An initial price gap. ✅
3. A cluster of price periods that tend to trade within a definable range. ✅
4. A pattern of increased volume near the gaps and during the island. ✅
5. A final gap which establishes the island of prices isolated from the preceding trend. ✅
Target: 105-108 😱😱