Google's most recent trend suggests a bullish bias. One trading opportunity on Google is a Bull Put Spread using a strike $545.00 short put and a strike $540.00 long put offers a potential 25% return on risk over the next 4 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $545.00 by expiration. The full premium credit of $1.00 would be kept by the premium seller. The risk of $4.00 would be incurred if the stock dropped below the $540.00 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 57.07 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
Can Apple's Expanded Strategy Push It To $1 Trillion Market Cap?
Mon, 16 Feb 2015 04:19:00 GMT
Forbes – In many ways, the new Apple is much like the Google that Steve Jobs dismissed as “doing too much.” The difference is the product focus.
Sony follows tech peers on the car road
Sun, 15 Feb 2015 04:07:00 GMT
Financial Times – After losing its crown in portable music players and television, Sony is now joining Apple and Google in targeting the hottest new battleground: automobiles. Sony recently invested about Y100m ($842,000) …
Weekly Tech Highlights: Apple Pay's Newest Supporter, Tesla's Q4 Results And More
Sun, 15 Feb 2015 00:54:34 GMT
Gene Munster: No car from Apple for at least five years
Sat, 14 Feb 2015 21:00:18 GMT
Will Exxon Build an Electric Car?
Sat, 14 Feb 2015 13:40:18 GMT
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