The Falling Goog

Looking at this p&f chart for goog, you'll notice a bearish pattern is starting to take form.   

The estimated bearish objective price is $148.  It does have some support around $174, but if it breaks $176, watch out below!   

The downward spiral steps are as follow: $174, $168, $160, $140, $118, and $99. 

I would be nervous if I were holding this stock.