Google's most recent trend suggests a bullish bias. One trading opportunity on Google is a Bull Put Spread using a strike $555.00 short put and a strike $550.00 long put offers a potential 35.14% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $555.00 by expiration. The full premium credit of $1.30 would be kept by the premium seller. The risk of $3.70 would be incurred if the stock dropped below the $550.00 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 64.73 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
Over 50? Get over your fears and launch a business
Mon, 03 Nov 2014 09:00:33 GMT
MarketWatch – More boomers are turning their hobbies, experiences, skills and special interests into small businesses.
Trains and self-driving cars, headed for a (political) collision
Mon, 03 Nov 2014 01:04:12 GMT
Fortune – The promise of autonomous vehicles is becoming a talking point for opponents of mass transit systems.
Why Apple has to keep reinventing itself
Sun, 02 Nov 2014 21:29:37 GMT
Fortune – Eventually the core profit centers of even the best high tech companies will run out of steam.
The two sides of Virgin collide in the Californian desert
Sun, 02 Nov 2014 16:20:14 GMT
Financial Times – R ichard Branson is one of the world's best-known entrepreneurs. But the founder of Virgin is really two people: Sir Richard, the risk-taking, publicity-seeking adventurer; and Branson, the hard-headed …
Tax casts shadow over Dublin's tech fair
Sun, 02 Nov 2014 12:12:32 GMT
Financial Times – More than 2,000 technology start-ups from 85 countries will converge on Dublin this week for the fifth Web Summit, an annual event designed to cement Ireland's reputation as Silicon Valley's hub in Europe. …
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