Google's most recent trend suggests a bullish bias. One trading opportunity on Google is a Bull Put Spread using a strike $690.00 short put and a strike $680.00 long put offers a potential 40.85% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $690.00 by expiration. The full premium credit of $2.90 would be kept by the premium seller. The risk of $7.10 would be incurred if the stock dropped below the $680.00 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 27.22 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Google
Google tax deal “disproportionately small” – UK committee
Wed, 24 Feb 2016 12:02:28 GMT
Reuters – Britain's Committee of Public Accounts said on Wednesday the amount Google agreed to pay in a tax settlement with the government was “disproportionately small” when compared with the size of the company's business in the country. Google, a unit of Alphabet Inc, agreed in January to pay 130 million pounds in back taxes to Britain, prompting criticism from opposition lawmakers and campaigners. The committee called on the UK tax authority (HMRC) to monitor the outcome of other tax authorities' investigations into Google and re-open its settlement with the company if relevant new evidence became available.
Google £130m UK Tax Deal ‘Small' Say MPs
Wed, 24 Feb 2016 11:56:22 GMT
Google tax deal ‘disproportionately small' – Committee of Public Accounts
Wed, 24 Feb 2016 11:38:47 GMT
Reuters – Google, a unit of Alphabet Inc (GOOGL.O), agreed in January to pay 130 million pounds in back taxes to Britain, prompting criticism from opposition lawmakers and campaigners. The committee called on the UK tax authority (HMRC) to monitor the outcome of other tax authorities' investigations into Google and re-open its settlement with the company if relevant new evidence became available.
Google tax deal ‘disproportionately small': UK committee
Wed, 24 Feb 2016 11:37:13 GMT
Google tax deal ‘disproportionately small': UK committee
Wed, 24 Feb 2016 11:37:13 GMT
Reuters – Google, a unit of Alphabet Inc, agreed in January to pay 130 million pounds in back taxes to Britain, prompting criticism from opposition lawmakers and campaigners. The committee called on the UK tax authority (HMRC) to monitor the outcome of other tax authorities' investigations into Google and re-open its settlement with the company if relevant new evidence became available.
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