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 35.14% return on risk over the next 25 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 $1.30 would be kept by the premium seller. The risk of $3.70 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 39.91 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
Facebook Projects ‘More Difficult’ Fourth Quarter
Wed, 29 Oct 2014 05:10:44 GMT
Bloomberg – Facebook Inc. (FB) Chief Executive Officer Mark Zuckerberg has spent freely on long-term bets including virtual reality and connecting the world to the Web. Now those moves are set to face increased scrutiny. …
Facebook scrutinised over plans to pour money into products
Wed, 29 Oct 2014 03:17:13 GMT
Financial Times – hannah.kuchler@ft.com Twitter: @hannahkuchler , Facebook's plan to spend next year pouring more money into its new products was greeted with caution by a wary Wall Street, uncertain just how much spending …
US regulator plan could unlock internet TV
Tue, 28 Oct 2014 23:54:23 GMT
Financial Times – Online video services would be guaranteed access to the most popular television shows under new rules proposed by the head of the US communications watchdog which risk undermining the business models of …
Facebook CFO Says Fourth Quarter Will Be ‘More Difficult’
Tue, 28 Oct 2014 23:49:25 GMT
Bloomberg – Chief Financial Officer David Wehner said on a conference call today that revenue for the current period will be 40 percent to 47 percent above that of a year earlier, indicating sales of $3.6 billion to $3.8 billion. Higher-quality ads, including improved targeting and premium video advertising, led the company to more than triple prices for promotions compared with last year.
Stock picks: 21 trades in 61 seconds
Tue, 28 Oct 2014 22:58:57 GMT
CNBC – The “Fast Money” traders share their top trades on Facebook, Twitter and more.
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