Google's most recent trend suggests a bullish bias. One trading opportunity on Google is a Bull Put Spread using a strike $540.00 short put and a strike $535.00 long put offers a potential 38.89% return on risk over the next 7 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $540.00 by expiration. The full premium credit of $1.40 would be kept by the premium seller. The risk of $3.60 would be incurred if the stock dropped below the $535.00 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 51.55 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
Mohnish Pabrai Puts a Third of Portfolio in Fiat, Buys Google in Q4
Fri, 13 Feb 2015 03:47:32 GMT
Gurufocus – Investor Mohnish Pabrai (Trades, Portfolio) runs a concentrated portfolio at his Pabrai Investment Funds with just 11 stocks, two of which he added in the fourth quarter.
Obama in new push over cyber security
Fri, 13 Feb 2015 03:10:20 GMT
Financial Times – The White House is preparing a new cyber security executive order to improve the sharing of information between companies and government about hacking threats which President Barack Obama will announce …
Chinese phone maker enters U.S. market with … bunnies
Fri, 13 Feb 2015 00:03:00 GMT
CNNMoney.com – Most people in the U.S. have never heard of Xiaomi. The five-year-old company is the number one smartphone manufacturer in China and the third largest in the world, trailing only Samsung and Apple. Now …
Now someone can manage your Facebook account after you die
Thu, 12 Feb 2015 23:30:01 GMT
AP – Facebook is making it easier to plan for your online afterlife. The world's biggest online social network said Thursday that it will now let users pick someone who can manage their account after they die. …
Chinese mobile sensation dips toes in US with accessories
Thu, 12 Feb 2015 23:10:58 GMT
AP – Xiaomi, one of China's hottest companies, is bringing its blend of cheap yet fashionable technology and crowd-pleasing antics to the U.S. Although its smartphones won't be available here anytime soon, …
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