Recap: Market Taking a Breather
GOOG, MA, and BIDU all took a break Friday after quite the moves over the past two weeks… but RIMM on the other hand smashed through $130 as we anticipated and held the gains through the day.. I expect more of a move this week - but it may want to test $130 again.
GOOG I figured would test $585 - it’s currently sitting at $581. MA I figured would test $285, it’s currently sitting just 4 cents above. BIDU I figured would test $355 it’s currently sitting at $361, it did however test $357 Friday. I’d like to see more of a sell off / correction / shake / profit taking / get out the weak and then squeeze higher move this week over their anticipated levels such as $600, $300 and $400 respectively.
Expect a scan for Monday out shortly.
