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 24 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 44.54 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
US blue-collar work growing: Randstad CEO
Thu, 30 Oct 2014 06:30:00 GMT
Samsung vows changes after mobile profit plunges
Thu, 30 Oct 2014 05:45:02 GMT
AP – SEOUL, South Korea (AP) — Samsung Electronics Co. admitted erring in its smartphone strategy and vowed Thursday to overhaul its handset lineup after profit from those devices tumbled last quarter to the lowest in more than three years.
Samsung vows changes after mobile profit plunges
Thu, 30 Oct 2014 05:44:56 GMT
AP – Samsung Electronics Co. admitted erring in its smartphone strategy and vowed Thursday to overhaul its handset lineup after profit from those devices tumbled last quarter to the lowest in more than three …
Microsoft's Band Strives to Watch You More Closely
Thu, 30 Oct 2014 04:07:34 GMT
Ex-Apple engineer: Sad about iPod classic's death
Thu, 30 Oct 2014 03:43:00 GMT
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