GOOGLE Almost oversold at the bottom of the Channel Up.

Google is having a rough day following the revenue miss and has found itself at the bottom of the 5 month Channel Up.
This is a buy opportunity, as long as (1d) candles close inside the pattern.

Trading Plan:
1. Buy if the (1d) candle closes inside the Channel Up.
2. Sell if it closes under it.

Targets:
1. 146.00 (+15.50% rise, like the first bullish leg of the Channel Up).
2. 120.00 (estimated course of the MA200 (1d)).

Tips:
1. The RSI (1d) gives the most optimal buy opportunity at the bottom of its Channel Down around the 30.00 oversold level. Keep that in mind in case it coincides with a MA200 (1d) contact.

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