Wednesday, April 4, 2012

$GOOG chart and setup 4/4/2012

the stock everyone loves to hate seems like sometimes. getting close to testing the old resistence becomes support line. the monkey in any new credit put spread is the usual earnings the thursday before no time decay if you put on an APR spread now. what ill be looking for to get into a May spread is some type of selloff from earnings. im liking the 565 level to be at/below...strong support going back a few months.