Google's most recent trend suggests a bullish bias. One trading opportunity on Google is a Bull Put Spread using a strike $700.00 short put and a strike $690.00 long put offers a potential 36.99% return on risk over the next 18 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $700.00 by expiration. The full premium credit of $2.70 would be kept by the premium seller. The risk of $7.30 would be incurred if the stock dropped below the $690.00 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 63.35 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Google
Google’s Artificial Intelligence Gets Its First Art Show
Mon, 29 Feb 2016 12:00:43 GMT
The Oracle Talks and It Falls Short
Mon, 29 Feb 2016 10:30:42 GMT
Indonesia says Internet giants need to pay tax or face blockages
Mon, 29 Feb 2016 09:32:29 GMT
Reuters – Global Internet-based firms could have their services blocked in Indonesia if they do not obtain “permanent establishment” status in the country and pay Indonesian tax, government officials said on Monday. Finance Minister Bambang Brodjonegoro told reporters all Internet-based services must have a local presence in the form of a representative office or a full-fledged company. “All have to create a permanent establishment, like the contractors for the oil sector, so they can be taxed,” he said.
Indonesia says Internet giants need to pay tax or face blockages
Mon, 29 Feb 2016 08:48:19 GMT
Indonesia says Internet giants need to pay tax or face blockages
Mon, 29 Feb 2016 08:47:22 GMT
Reuters – Global Internet-based firms could have their services blocked in Indonesia if they do not obtain “permanent establishment” status in the country and pay Indonesian tax, government officials said on Monday. Finance Minister Bambang Brodjonegoro told reporters all Internet-based services must have a local presence in the form of a representative office or a full-fledged company. “All have to create a permanent establishment, like the contractors for the oil sector, so they can be taxed,” he said.
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