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GOOG Forms Ominous Bearish Signal

BY COREY ROSENBLOOM | FEBRUARY 23, 2010 | 3:58 PM | 0 COMMENTS

I wanted to highlight a critical area to watch in the stock of Google (Nasdaq: GOOG), both on the Daily and Weekly frame. We could be on the verge of a sharp downturn, so we need to monitor both the breakdown level and overhead resistance that would disconfirm the bearish omen if broken. First, the Weekly Chart:

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