Google's most recent trend suggests a bullish bias. One trading opportunity on Google is a Bull Put Spread using a strike $542.50 short put and a strike $537.50 long put offers a potential 31.58% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $542.50 by expiration. The full premium credit of $1.20 would be kept by the premium seller. The risk of $3.80 would be incurred if the stock dropped below the $537.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Google is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Google is bullish.
The RSI indicator is at 53.09 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Google
YouTube Challenges Apple With Music Streaming Service
Thu, 13 Nov 2014 07:27:52 GMT
Bloomberg – Nov. 13 (Bloomberg) — Google’s YouTube unveiled its new music-streaming service, giving the Internet company another tool to compete with Apple. Bloomberg's Hans Nichols reports on “Countdown.” …
Should you worry about Tencent's Q3 earnings miss?
Thu, 13 Nov 2014 01:14:00 GMT
Twitter answers sceptics with 2024 forecasts
Thu, 13 Nov 2014 01:11:37 GMT
Financial Times – Twitter set out a long term vision to become one of the largest internet companies by sales in the world at its first analyst day, forecasting higher margins and announcing it is in talks with business …
YouTube adds subscription service to music mix
Thu, 13 Nov 2014 00:18:38 GMT
AP – Google is remixing the music on its YouTube video site with the addition of ad-free subscription service “Music Key” and a new format designed to make it easier to find millions of songs that …
YouTube adds subscription service to music mix
Thu, 13 Nov 2014 00:18:38 GMT
AP – Google is remixing the music on its YouTube video site with the addition of ad-free subscription service “Music Key” and a new format designed to make it easier to find millions of songs that …
Related Posts
Also on Market Tamer…
Follow Us on Facebook