UPDATE: 10/17/2013

**SIGNAL: EXITING SHORT – Trade Closed

**

Google announced their earnings after market close with Q3 EPS beating by $0.37 on increased revenue.  Stock soaring higher to over $900 share, thus our breakeven stop was triggered on this high-risk trade.

–10/14:  Break-even stop order placed at our initial entry price of $894, as shorting Google is a high risk proposition with earnings season upon us.

Symbol: GOOG (NASDAQ)

Signal:  SHORT

New SHORT signal on GOOG, which has just finished re-testing a confluence of the 20 day EMA and 100 day SMA  averages.   Profitable trading pattern goes back to January, 2012.

Related analysis supporting position:

N/A – possible corrective move down on a long term up trend.