Google's most recent trend suggests a bullish bias. One trading opportunity on Google is a Bull Put Spread using a strike $547.50 short put and a strike $542.50 long put offers a potential 42.86% 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 $547.50 by expiration. The full premium credit of $1.50 would be kept by the premium seller. The risk of $3.50 would be incurred if the stock dropped below the $542.50 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 53.22 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
Android Co-Founder Rubin Leaving Google to Form Incubator
Fri, 31 Oct 2014 00:23:28 GMT
Bloomberg – Google Inc. (GOOGL) executive Andy Rubin, the co-founder of mobile-operating system Android, which is now the dominant software for smartphones, is leaving the company. Rubin, 51, is departing to form an incubator that focuses on hardware products, Google said. Rubin, who stepped down in March 2013 from his position running Android, was working on a robotics project at the Mountain View, California-based Web search giant. The robotics initiative will now be headed up by James Kuffner, a research scientist, Google said.
Twitter demotes new head of product: Report
Thu, 30 Oct 2014 21:08:15 GMT
LinkedIn reports strong results, weak outlook
Thu, 30 Oct 2014 21:05:35 GMT
MarketWatch – Membership of social media network for professionals rises to 332 million.
Why Apple thinks the demand for new iPhones is staggering
Thu, 30 Oct 2014 21:00:15 GMT
Why Google’s search engine optimization change affected eBay
Thu, 30 Oct 2014 21:00:04 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook