Google: Uptrend Stalling

For Google, upward momentum has faded recently, with price edging closer to support at $236.25. If the stock drops below this level, we will need to consider magenta wave alt.(3) as already complete and anticipate an earlier—and lower—wave alt.(4) low (probability: 38%). However, our primary expectation remains for a higher high as the regular wave (3) progresses, with the wave (4) retracement holding above $236.25. With wave (5), waves [5] in green and I in beige should ultimately conclude at new all-time highs.